Maritime Words Flashcards

1
Q

ACF

A

annual cashflow analysis

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2
Q

AG

A

Arabian Gulf

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3
Q

bt

A

billion tons

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4
Q

btm

A

billion ton miles

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5
Q

BTX

A

benzene, toluene, xylene

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6
Q

cgrt

A

compensated gross registered tonnage

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7
Q

COA

A

contract of affreightment

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8
Q

cgt

A

compensated gross tonnage

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9
Q

dwt

A

deadweight tonnage

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10
Q

EEC

A

European Economic Community

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11
Q

FEFC

A

Far East Freight Conference

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12
Q

FFA

A

forward freight agreement

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13
Q

FPC

A

forest products carrier

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14
Q

GATT

A

General Agreement on Tariffs and Trade

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15
Q

GDP

A

gross domestic product

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16
Q

GNP

A

gross national product

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17
Q

GRI

A

general rate increase

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18
Q

grt

A

gross registered tonnage

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19
Q

gt

A

gross tonnage

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20
Q

IACS

A

International Association of Classification Societies

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21
Q

ILO

A

International Labour Organization

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22
Q

IMCO

A

Inter-governmental Maritime Consultative Organization

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23
Q

IMO

A

International Maritime Organization

24
Q

IPO

A

initial public offering

25
Q

IRR

A

internal rate of return

26
Q

ISO

A

International Organization for Standardization

27
Q

ITF

A

International Transport Workers’ Organization

28
Q

LCM

A

lateral cargo mobility

29
Q

LNG

A

liquefied natural gas

30
Q

LOA

A

length overall

31
Q

lo-lo

A

lift on, lift off

32
Q

LPG

A

liquefied petroleum gas

33
Q

MCR

A

maximum continuous rating

34
Q

m.dwt

A

million tons deadweight

35
Q

MPP

A

multi-purpose

36
Q

mt

A

million tons

37
Q

MTBE

A

methyl tert-butyl ether

38
Q

NPV

A

net present value

39
Q

OBO

A

oil/bulk/ore carrier

40
Q

OECD

A

Organization for Economic Co-operation and Development

41
Q

OPEC

A

Organization of Petroleum Exporting Countries

42
Q

P&I

A

protection and indemnity

43
Q

PCC

A

pure car carrier

44
Q

PCTC

A

pure car and truck carrier

45
Q

PSD

A

parcel size distribution function

46
Q

RFR

A

required freight rate

47
Q

ROI

A

return on investment

48
Q

ro-ro

A

roll on, roll off

49
Q

SDR

A

Special Drawing Right

50
Q

TEU

A

twenty-foot equivalent unit

51
Q

tm

A

ton mile

52
Q

ULCC

A

ultra large crude carrier

53
Q

UN

A

United Nations

54
Q

UNCTAD

A

United Nations Conference on Trade and Development

55
Q

VCF

A

voyage cashflow analysis

56
Q

VLCC

A

very large crude carrier

57
Q

WS

A

Worldscale