Term
HO
Hold
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
HOLD
A compartment below deck in a large vessel, used solely for carrying cargo
Term
HULL
The main body of a ship
Term
HW
High Water
Term
ICW
Intercoastal Waterway : bays, rivers, and canals along the coasts (such as the Atlantic and Gulf of Mexico coasts), connected so that vessels may travel without going into the sea
Term
IMO
International Maritime Organisation
Term
IN &/OR
Goods carried below and/or on deck
Term
INCOTERMS
International Commercial Terms
Term
IND
Indication
Term
INTERMODAL
Carriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a single journey
Term
IU
If Used
Term
IUHTAUTC
If Used, Half Time Actually To Count
Term
IWL
Institute Warranty Limits
Term
KEEL
The centreline of a ship running fore and aft; the backbone of a vessel
Term
L/C
Letter of Credit
Term
LANE METER
A method of measuring the space capacity of Ro ships whereby each unit of space (Linear Meter) is represented by an area of deck 1.0 meter in length x 2.0 meters in width.
Term
LASH1
To hold goods in position by use of Ropes, Wires, Chains or Straps etc.
Term
LASH2
Lighter Aboard Ship – a vessel that loads small barges direct from the water
Term
LAT
Latitude.
Term
LAYCAN
Laycan (Layday Cancelling Date)
Term
LAYTIME
Time at Charterers disposal for purpose of loading/discharging
Term
LCR
Lowest Current Rate
Term
LEE
The side sheltered from the wind
Term
LEEWARD
The direction away from the wind. Opposite of windward