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Charter-Party Reference

Chartering Terms

Search and browse a complete chartering glossary curated from operational market usage for owners, charterers, and shipbrokers.

Showing 24 of 339 terms

Term

SOC

Shipper Owned Container

Term

SOF

Statement of Facts

Term

SP

Safe Port

Term

SPIDERING

Is the strengthening of circular tanks for transport, this prevents the tanks from becoming warped. The tanks are strengthened with steel or wood crossbeams giving a 'spider' appearance

Term

SRBL

Signing and Releasing Bill of Lading

Term

SSHEX

Saturdays, Sundays, Holidays Excluded

Term

SSHINC (or SATSHINC)

Saturdays, Sundays, Holidays Included

Term

STABILITY

It is paramount that a vessel is stable in all aspects at all times. When cargo is loaded/discharged, the stability is monitored by a computer, which takes into account the weight and position of cargo within the vessel.

Term

STARBOARD

Right side of a ship when facing the front or forward end.

Term

STEM

Subject to enough cargo

Term

SUB

Subject (to). Depending upon as a condition

Term

SUPERCARGO

Person employed by a ship owner, shipping company, charterer of a ship or shipper of goods to supervise cargo handling operations. Often called a port captain.

Term

SWAD

Salt Water Arrival Draft

Term

SWDD

Salt Water Departure Draft

Term

TBN

To Be Named / To Be Nominated

Term

TC

Time Charter - Owners agree to hire a particular ship for a set length of time and provide technical management, crewing etc.

Term

TCP

Time Charter Party

Term

TEU

Standard 20' Container

Term

THWARTSHIPS

At right angles to the centreline of the ship

Term

TIDE

The periodic rise and fall of water level in the oceans

Term

TIME BAR

Time after which legal claims will not be entered

Term

TOPSIDES

The sides of a ship between the waterline and the deck; sometimes referring to onto or above the deck

Term

TTL

Total

Term

TW

Tween Decker