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Questions and Answers
What does the acronym FSRU stand for?
What does the acronym FSRU stand for?
- Floating Storage & Regasification Unit (correct)
- Fuel Storage & Regulatory Unit
- Floating Service & Repair Unit
- Fast Shipping & Refueling Unit
The acronym MOA stands for Memorandum of Arrangements.
The acronym MOA stands for Memorandum of Arrangements.
False (B)
What does the acronym KYC represent in a maritime context?
What does the acronym KYC represent in a maritime context?
Know Your Counterparty
The unit of pressure defined as 100,000 Pa is known as a ________.
The unit of pressure defined as 100,000 Pa is known as a ________.
Match the following acronyms with their descriptions:
Match the following acronyms with their descriptions:
Flashcards
RFI (Request For Indication)
RFI (Request For Indication)
A request for information about a specific product or service, typically used in the shipping and maritime industries.
MOA (Memorandum of Agreements)
MOA (Memorandum of Agreements)
A document that outlines the technical specifications and requirements for a vessel, used to solicit bids and tenders.
LDT (Light Displacement)
LDT (Light Displacement)
The weight of a ship without any cargo, fuel, ballast, stores, passengers, or crew, but with water in the boilers when operating.
FSRU (Floating Storage & Regasification Unit)
FSRU (Floating Storage & Regasification Unit)
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RPM (Revolutions Per Minute)
RPM (Revolutions Per Minute)
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Study Notes
Acronyms
- RFI: Request For Indication
- RFQ: Request For Quotations
- LLI: Long Lead Items
- ORF: Onshore Receiving Facility
- FSRU: Floating Storage & Regasification Unit – Ship that stores LNG & connects it to gas so it can be sent to land through pipelines.
- ITIC: International Transport Intermediaries Club
- MOA: Memorandum of Agreements – A "contract" for buying or selling a ship.
- MAA: London Maritime Arbitration Association
- FCC: First Class Charterers
- FONASBA: Federation of National Association of Shipbrokers & Agents
- BIMCO: Baltic & International Maritime Council
- KYC: Know Your Counterparty
- VBO: Ultimate Beneficial Owner
- VLGC: Very Large Gas Carrier
- IMO: International Maritime Organisation
- Mbar: Millibar – Metric unit of pressure defined as 100,000 Pa
- LOA: Length Overall
- CBM: Cubic Metre
- RPM: Revolutions Per Minute – A measure of how fast an engine is spinning
- BWTS: Ballast Water Treatment System
- LDT: Light Displacement – The weight of the ship excluding cargo, fuel, ballast, stores, passengers, crew, but with water in the boilers to steaming level
- DSME: Daewoo Shipbuilding & Marine Engineering Co. – based in South Korea
- DPV: Delivered at Place Unloaded
- DAT: Delivered At Terminal
- FOB: Free On Board
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