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# Instrument Details This document lists various terms and abbreviations related to shipping and cargo. **Abbreviations and Definitions:** * **TEU:** Twenty-foot Equivalent Unit - An indicator of the amount of work that is necessary to build a given ship * **CGI:** Compensated Cross Tonnage - cal...

# Instrument Details This document lists various terms and abbreviations related to shipping and cargo. **Abbreviations and Definitions:** * **TEU:** Twenty-foot Equivalent Unit - An indicator of the amount of work that is necessary to build a given ship * **CGI:** Compensated Cross Tonnage - calculated by multiplying tonnage by a coefficient determined by vessel type * **VLEC:** Very Large Ethane Carrier * **TCP:** Time Charter Party * **OOPT:** Owners Option * **DLOSP:** Dropping Last Outward Sea Pilot * **CHOPT:** Charles Option * **FSU:** Floating Storage Unit * **POPR:** Per Day Pro Rata * **JKTC:** Japan, Korea, Taiwan, China * **SIRE:** Ship Inspection Report * **JBOG:** Japan Bunker Oil Guarantee * **FO:** Fuel Oil * **MGO:** Marine Gas Oil * **CNG:** Compressed Natural Gas * **HFU:** Heavy Fuel Oil - bunker fuel * **FOE:** Fuel Oil Equivalency * **HH:** Henry Hub * **TTF:** Title Transfer Facility * **IGG:** Inert Gas Generator * **ACQ:** Actual/Annual Contract Quantity * **DOT:** Downwards Quantity Tolerance - Contracted allowed reduction in the volume of cargo delivered than initial specified amount * **AQT:** Additional Quantity Tolerance - Opposite of above * **LNG-BV:** LNG Bunkering Vessel * **FWA:** Fresh Water Allowance * **TPC:** Tons Per Centimeter