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# Acronyms This document lists a variety of acronyms, likely used in a maritime or shipping context. * **RFI:** Request For Indication * **RFQ:** Request For Quotations * **LLI:** Long Lead Items * **ORF:** Onshore Receiving Facility * **FSRU:** Floating Storage & Regasification Unit - Ship that s...

# Acronyms This document lists a variety of acronyms, likely used in a maritime or shipping context. * **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 & converts 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. * **LMA:** 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 when steaming. * **DSME:** Daewoo Shipbuilding & Marine Engineering Co. - based in South Korea * **DPV:** Delivered at Place Unloaded * **DAT:** Delivered At Terminal * **FOB:** Free On Board