Glossary of Chartering Terms

GLOSSARY OF CHARTERING TERMS 

The following are generally accepted code terms ter ms used internationally in the shipping community AGW AAAA AARA ABT ADCO A!"#" A!!R()G*T(&T A!T A* A&T*A A#" ARAG A" ATD&"*)&C AT.TC BA! BAA"T BBB BD) B(&D" B) B)CO B B BOB BO!!(R BROB B"" B " " 22 BT BWAD CB CB!T C3! C3! !O C*O#T C*TR" C)! C4D COA COAC# COB COD

All going well Always Afloat, Always Accessible Amsterdam-Antwerp-Rotterdam Area About Address Commission Arri$al !irst "ea #ilot "tation %&orway' T+e +iring of a s+ip in w+ole or part At or towards t+e stern or rear of a s+ip Australian *old adders Antwerp-*amburg Range Arri$al #ilot "tation Amsterdam-Rotterdam-Antwerp-Gent Range Alongside Any Time Day&ig+t "undays and *olidays )ncluded Actual Time .sed To Count Bun/er Ad0ustment !actor *ea$y weig+t, necessary for t+e stability of a s+ip not carrying cargo1 Before Brea/ing Bul/   Bot+ Dates )nclusi$e Bot+ (nds Bot+ )nclusi$e Baltic and )nternational Council Bill of ading Beam Bun/er on Board Best Offer Bun/ers Remaining on Board Basis Basis 2 port to 2 port Bert+ Terms Brac/is+ Water Arri$al Draft Cubic eter Cubic !eet Cost and !reig+t Cost 3 !reig+t !ree Out C+arterers Option C+arterers Cost, )nsurance 3 !reig+t Completely /noc/ed down Contract of Affreig+tment Contract of Affreig+tment C+arter #arty Closing of Business Cas+ on Deli$ery

COG"A CO&" CO# C# C#D C#T C5D CR CROB CR& C"T CTR DA#" DA!ORD(T DD. DD# D( D*DAT"B( D*DWT"B( D)"C* D4 Dec/   DO# DOT D&RCAO"O& DR4 DWAT (C (). (6(&T (TA (TC (TD (T" (7W !A" !CA !D(DA&R"AOCO& !D("# !DD !D)" !(. !*(7 !*)&C !)O !)O" !)O"T !)OT

Carriage of Goods by "ea Act Consumption Custom Of T+e #ort C+arter #arty C+arterers #ay Dues Carriage #aid To Customary 5uic/ Dispatc+ Current Rate Cargo Remaining on Board Crane Centisto/e Container !itted Days All #urposes Damages for Detention Deli$ery Duty .npaid Deli$ery Duty #aid Demurrage Dispatc+ *alf Demurrage on All Time "a$ed Bot+ (nds Dispatc+ *alf Demurrage on Wor/ing T)me "a$ed Bot+ (nds Disc+arge Dropping Outward #ilot Department of Transportation Discountless and &on-Returnable Cargo andor "+ip ost or &ot ost Derric/   Deadweig+t (ast Coat ($en if used (lectric 6entilation (stimated Time of Arri$al (stimated Time of Completion (stimated Time of Departure (stimated Time of "ailing (8 Wor/s !ree Alongside "+ip !ree to Carrier !reig+t Deemed (arned Discountless 3 &on-Refundable "+ip 3or Cargo ost Or &ot ost

!ree Dispatc+ !reig+t Demurrage Deadfreig+t !ree Disc+arge "tandard 9:; Container !ridays, *olidays (8cepted %uslim Countries' !ridays, *olidays )ncluded %uslim Countries' !ree )niner Out !ree )n 3 Out 3 "towed !ree )n 3 Out, "towed 3 Trimmed !ree )n 3 Out 3 Trimmed

!)W !C !" !O !OB !OG !O5 !O5 !OW !WAD !WDD !