PPG Chartering Terms (Beginner) Flashcards

1
Q

AAOSA

A

Always Afloat Or Safe Aground.

Condition for a vessel whilst in port

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2
Q

AAAA

A

Always Accessible Always Afloat

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3
Q

ABT

A

About

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4
Q

BAF

A

Bunker Adjustment Factor

A fuel surcharge expressed as a percentage added or subtracted from the freight amount, reflecting the movement in the mkt price for bunkers

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5
Q

DAMFORDET

A

DAMages FOR DETention

Penalty if cargo is not ready when ship arrives for working (on the 1st day of Laycan). This is not detention which is charged for ship time on delay. Hence, if the cargo is ready when ship arrives, no DAMFORDET

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6
Q

GSP

A

Good, Safe Port

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7
Q

HMS

A

Heavy Metal Scraps

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8
Q

WOG

A

WithOut Guarantee

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9
Q

DHDATSBE

A

Dispatch Half Demurrage on All Time Saved Both Ends

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10
Q

DHDWTSBE

A

Dispatch Half Demurrage on Working Time Saved Both Ends

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11
Q

STC

A

Said To Contain

Term in a B/L signifying that the master and carrier are unaware of the nature/quantity of the contents of e.g. carton, crate, container or bundle and are relying on the description furnished by the shipper

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12
Q

SWAD

A

Salt Water Arrival Draft

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13
Q

MOLOO

A

More Or Less Owners Option

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14
Q

MOLCHOPT

A

More Or Less CHarterer OPTion

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15
Q

SSHEX

A

Sat, Sun, Holidays EXcluded

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16
Q

SSHINC

A

Sat, Sun, Holidays INCluded

17
Q

UU

A

Unless Used

18
Q

EIX

19
Q

ATS

20
Q

WTS

21
Q

WIPON

A

Whether In Port Or Not

22
Q

WIBON

A

Whether In Berth Or Not

23
Q

WCCON

A

Whether Custom Cleared Or Not

24
Q

WIFPON

A

Whether In Free Pratique Or Not

25
NAABSA
Not Always Afloat But Safely Aground
26
BBB
Before Breaking Bulk Refers to freight payments that must be received before discharge of vessel commences
27
GSB
Good, Safe Berth
28
WP
Weather Permitting Time during which the weather prevents working shall not count as laytime
29
AFSPS
Arrival First Sea Pilot Station (Norway)
30
DLOSP
Dropping Last Outwards Sea Pilot (Norway)
31
ASPW
Any Safe Port in the World