AKAS Marine Services
Navigation

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

CONS

Consumption

Term

COP

Custom Of Port

Term

CP(or C/P)

Charter Party

Term

CPD

Charterers Pay Dues

Term

CPT

Carriage Paid To

Term

CQD

Customary Quick Despatch

Term

CR

Current Rate

Term

CRN

Crane

Term

CROB

Cargo Remaining on Board

Term

CRT

Cargo Retention Clauses, introduced by charterers based on shortage of delivered cargo because of increased oil prices

Term

CST

Centistoke

Term

CTR

Container Fitted

Term

CVE

Communication/Victuals/Entertainment

Term

DA

Disbursement Account

Term

DAF

Deliver At Frontier

Term

DAMFORDET

Damages for Detention. Penalty if cargo is not ready when ship arrives for working (1st day of Laycan). This is not detention which is charged for ships time on delay. If the cargo is ready there is no DAMFORDET.

Term

DAPS

Days all Purposes (Total days for loading & discharging)

Term

DDP

Delivered Duty Paid.

Term

DDU

Delivered Duty unpaid.

Term

DECK

A permanent covering over a compartment, hull or any part thereof

Term

DEM

Demurrage (Quay Rent). Money paid by the shipper for the occupying port space beyond a specified 'Free Time' period.

Term

DEMURRAGE

A detention charge payable to the owner of a chartered ship on failure to load or discharge the ship within the time agreed.

Term

DEQ

Delivered Ex Quay

Term

DES

Delivered Ex Ship