Shipping Terms

The following are generally accepted code terms used internationally in the shipping community AGW All going well AAAA Always Afloat, Always Accessible AARA Amsterdam-Antwerp-Rotterdam Area ABT About ADCOM Address Commission AFSPS Arrival First Sea Pilot Station (Norway) AFFREIGHTMENT The hiring of a ship in whole or part AFT At or towards the stern or rear of a ship AHL Australian Hold Ladders ANTHAM Antwerp-Hamburg Range APS Arrival Pilot Station ARAG Amsterdam-Rotterdam-Antwerp-Gent Range A/S Alongside ATDNSHINC Any Time Day/Night Sundays and Holidays Included ATUTC Actual Time Used To Count BAF Bunker Adjustment Factor BALLAST Heavy weight, necessary for the stability of a ship not carrying cargo BBB Before Breaking Bulk BDI Both Dates Inclusive BENDS Both Ends BI Both Inclusive BIMCO Baltic and International Council BL Bill of Lading BM Beam BOB Bunker on Board BOFFER Best Offer BROB Bunkers Remaining on Board BSS Basis B S S 1/1 Basis 1 port to 1 port BT Berth Terms BWAD Brackish Water Arrival Draft CBM Cubic Meter CBFT Cubic Feet C&F Cost and Freight C&F FO Cost & Freight Free Out CHOPT Charterers Option CHTRS Charterers

CIF CKD COA COACP COB COD COGSA CONS COP CP CPD CPT CQD CR CROB CRN CST CTR DAPS DAMFORDET DDU DDP DEM DHDATSBE DHDWTSBE DISCH DK DOP DOT DNRCAOSLONL DRK DWAT EC EIU ELVENT ETA ETC ETD ETS EXW FAS

Cost, Insurance & Freight Completely knocked down Contract of Affreightment Contract of Affreightment Charter Party Closing of Business Cash on Delivery Carriage of Goods by Sea Act Consumption Custom Of The Port Charter Party Charterers Pay Dues Carriage Paid To Customary Quick Dispatch Current Rate Cargo Remaining on Board Crane Centistoke Container Fitted Days All Purposes Damages for Detention Delivery Duty Unpaid Delivery Duty Paid Demurrage Dispatch Half Demurrage on All Time Saved Both Ends Dispatch Half Demurrage on Working TIme Saved Both Ends Discharge Deck Dropping Outward Pilot Department of Transportation Discountless and Non-Returnable Cargo and/or Ship Lost or Not Lo Derrick Deadweight East Coat Even if used Electric Ventilation Estimated Time of Arrival Estimated Time of Completion Estimated Time of Departure Estimated Time of Sailing Ex Works Free Alongside Ship

FCA FDEDANRSAOCLONL FDESP FDD FDIS FEU FHEX FHINC FILO FIOS FIOST FIOT FIW FMC FMS FO FOB FOG FOQ FOQ FOW FWAD FWDD FYG FYI GA GLS GNCN GN GO GRD GRT GSB GSP GTEE HA HDLTSBENDS HDWTS HMS HO HW

Free to Carrier Freight Deemed Earned Discountless & Non-Refundable Ship &/or Free Dispatch Freight Demurrage Deadfreight Free Discharge Standard 40' Container Fridays, Holidays Excepted (Muslim Countries) Fridays, Holidays Included (Muslim Countries) Free In/Liner Out Free In & Out & Stowed Free In & Out, Stowed & Trimmed Free In & Out & Trimmed Free In Wagon Federal Maritime Commission Fathoms Fuel Oil Free On Board For Our Guidance Free On Quay Free On Truck Free On Wharf Fresh Water Arrival Draft Fresh Water Departure Draft For Your Guidance For Your Information General Average Gearless General Conditions Grain Gas Oil Geared Gross Restricted Tonnage Guaranteed Safe Berth Good Safe Port Guarantee Hatch Half Dispatch Lay Time Saved Both Ends Half Dispatch Working Time Saved Heavy Metal Scraps Hold High Water

IMDG IMO IND IU IUHTAUTC I WL LAT LOA LW LYCN MB MDO MOLCHOPT MOLOO MT M/V NAABSA NCB NOR NRT NYPE OO OSH OWS PC PCGO PCT PDPR PHPD PRATIQUE PWWD RCVR ROB RT SATPM SB SD SELFD SF SHEX SHINC

International Maritime Dangerous Goods Code International Maritime Organization Indication If Used If Used, Half Time Actually to Count Institute Warranty Limits Latitude Length Overall of the Vessel Low Water Laycan (Layday Cancelling Date) Merchant Broker Marine Diesel Oil More or Less Charterers Option More or Less Owners Option Metric Ton Motor Vessel Not Always Afloat but Safely Aground National Cargo Bureau Notice of Readiness Net Restricted Tonnage New York Produce Exchange Owners Option Open Shelter Deck Owners Period of Charter Part Cargo Percent Per Day Pro-rated Per Hatch Per Day License or permission to use a port Per Weather Working day Receivers Remaining on Board Revenue Ton Saturday P.M. Safe Berth Single Decker Self Discharging Stowage Factor Sundays, Holidays Excepted Sundays, Holidays Included

SL SOC SOF SP SRBL SSHEX SSHINC STEM SUB SWAD SWDD TC TEU TTL TW USC UU UUIWCTAUTC VPD WIBON WIFPON WCCON WIPON WLTOHC WOG WP WWD WRIC WWR YAR Z

Bale (capacity) Shipper Owned Container Statement of Facts Safe Port Signing and Releasing Bill of Lading Saturdays, Sundays, Holidays Excluded Saturdays, Sundays, Holidays Included Subject to Enough Merchandise Subject (to) Salt Water Arrival Draft Salt Water Departure Draft Time Charter Standard 20' Container Total Tween Decker Unless Sooner Commenced Unless Used Unless Used In Which Case Time Actually Used To Count Vessel Pays Dues Whether In Berth Or Not Whether In Free Pratique Or Not Whether Customs Cleared Or Not Whether In Port Or Not Water Line-To-Hatch Coaming Without Guarantee Weather Permitting Weather Working Day Wire Rods In Coils When, Where Ready York Antwerp Rules UTC=GM