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Questions and Answers
What does BM stand for in the context of ship chartering?
What does BM stand for in the context of ship chartering?
- Basis 1 Port to 1 Port
- Berth Terms
- Basis (correct)
- Brackish Water Arrival Draft
In ship chartering, what does CIF refer to?
In ship chartering, what does CIF refer to?
- Close of Business
- Custom Of Port
- Cost, Insurance & Freight (correct)
- Carriage Paid
What is the meaning of COACP in the context of ship chartering?
What is the meaning of COACP in the context of ship chartering?
- Charterers Pay Dues
- Cash On Delivery
- Contract of Affreightment Charter Party (correct)
- Carriage Paid
What does BSS stand for in ship chartering terminology?
What does BSS stand for in ship chartering terminology?
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What does CBFT (or CFT) represent in the context of ship chartering?
What does CBFT (or CFT) represent in the context of ship chartering?
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Study Notes
Abbreviations in Ship Chartering
- AA: Always Afloat
- AAAA: Always Accessible
- ABT: About
- ADCOM: Address Commission
- AFSPS: Arrival First Sea Pilot Station (specific to Norway)
- AFFREIGHTMENT: Hiring a ship, either in whole or part
- AFT: Refers to the stern or rear section of a ship
- AGW: All Going Well
- APS: Arrival Pilot Station
- A/S: Alongside
Chartering Terms
- ATDNSHINC: Any Time, Day or Night, including Sundays and Holidays
- ATUTC: Actual Times Used to Count Ship Chartering
- BALLAST: Heavy weight, usually seawater, necessary for stability in ships without cargo
- BAREBOAT CHTR: A bareboat charter where owners lease a specific vessel and manage its technical and commercial operations
- BBB: Before Breaking Bulk
Vessel Specific Terms
- BC: Bulk Carrier
- BDI: Both Dates Inclusive
- BENDS: Refers to both loading and discharging ports
- BI: Both Inclusive
Documentation in Shipping
- BL (1): Bale, a unit of measurement
- BL (2): Bill of Lading, a document signed by the carrier serving as a receipt and evidence of title to the cargo
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Description
Test your knowledge of ship chartering abbreviations with this quiz. From 'ABT' to 'ATUTC', see how many you can identify!
