租船用语缩写

【A】

A1 First class 一级

AA Always Afloat, All After 始终保持漂浮；在一切…之后

A/A All About 一切关于

AAA Association of Average Adjusters 海损理算师协会AAA WIWL Always Afloat Always within I.W.L(institute warranty limit) 一直漂着一直有制定保证限定AAAA Always Afloat Always Accessible 在水中供随时使用的

AAR Against All Risk, All and Any Risk 针对所有风险，所有的风险AARA Amsterdam-Antwerp-Rotterdam Area 阿姆斯特丹—艾恩德霍芬—鹿特丹区域ABB, ABBR Abbreviation 缩写词ABDNT Abandonment 放弃AB-LOG Abstract Log Book 舱面摘要日记ABR Abreast 并列，并排ABS American Bureau of Shipping 美国船级社 ABT About 关于，大约ABV Above 以上…A/C Account Current 往来账户，活期存款账户，流通账户ACC, ACCPT Acceptance, Accepted 接受；赞同ACCOMM Accommodation 住处，停留处ACCT, ACT, A/C Account, Accountant 账户；会计师ACDG According 依照ACDGLY, ACCRDGLY Accordingly 相应地 ACK Acknowledge 承认，告知已收到ACKGT Acknowledgement 答谢的表示，确认收到的信ACOL After Completion Of Loading 装货完成后ACP Anchors and Chains Proved 锚和锚链检验合格

ACPT Accept 接受，承担责任ACS Application for Cargo Shipment 装船申请书

ACS PAY Accounts Payable 应付账款ACTRUS Automatically Controlled Turbine Rung Up System 自动控制涡轮提醒系统ADCOM, ADD COMM Address Commission 订舱佣金，租船佣金ADD, ADDR Address 目前地址

- 1 -

ADDL, ADDTL Additional 附加的ADJ Adjustment, Adjust 调整，使…合适；ADV Advise 建议，劝告；通告ADVAL, A/V, ADV Ad Valorem, According to Value 按照税运价AE After End 完结后A/E Auxiliary Engine, Accept/Except 辅助动力机；AF, ADVFRT Advanced Freight, Advance Freight 预付运费AFF Affirmative 肯定的AFFREIGHTMENT The hiring of a ship in whole or part AFIA American Foreign Insurance Association美国国外保险协会

AFMT After Fixing Main Terms 固定主要条款之后

AFRA Average Freight Rate Assessment 平均费率

AFT At or towards the stern or rear of a ship AG Ace Group, Arabian Gulf, Agent GeneralAGCY AgencyAGD AgreedAGST, AGNST, AGT AgainstAGMT, AGRMT AgreementAGN AgainAGT AgentAGW All Going WellAGWI Atlantic, Gulf, West lndia's LimitAGW WP UCAE All going well weather permitting unforeseen circumstances always exceptedAH After Hatch, Antwerp/Hamburg rangeAHF American Hull Form(insurance policy)AHFDA American Hull Form, Deductible AverageAHL Australian Hold LaddersAI In the meantimeAID Agency for International DevelopmentAIMU American Institute of Marine UnderwritersAITH FORM American Institute Time Hull Form of PolicyAK MARINE America Korea MarineALLOC AllocationALRDY AlreadyALT Altered, Altitude, Alternative, AlternativelyALW AllowanceAM Above MentionedAM, TLO & EXS American TLO disbursements clauses including excess liabilityAMA American Maritime AssociationAMAIL, ARML AirmailAMDT AmendmentAMMI American Merchant Marine InstituteAML Absolute Maximum Loss

- 2 -

AMT AmountAMVER Automated Mutual Assistance Vessel Rescue SystemA/N Arrival NoticeANAL Analysis, Analytic, AnalogyANS AnswerANTE BeforeA/O(AO), A/OR And OrAOA Any One AccidentAOB Any One Bottom, Any Other BusinessAOL Any One LossAOO Any One OccurrenceAORF Aft Or ForwardAOTA Australia Overseas Transport AssociationAOV Any One VesselAOVOY Any One VoyageAP Additional Premium, After Part, Authority to Purchase, All PurposeAP(APD) Account PaidAP(APA) Account PayableAPBH After Peak BulkheadAPI American Petroleum Institute, Arbitrary Scale for Specific GravityAPL As Per ListAPMT AppointmentAPORT AirportAPPD ApprovedAPPLN ApplicationAPPR Apprentice, ApproveAPPROX Approximate, ApproximatelyAPPT AppointAPPTD AppointedAPR AprilAPS Arrival Pilot StationAPT After Peak TankAR All Risk, Arrival, Arrive, Arrival and ReturnARD(ARND) AroundARGMT ArrangementARP All Risk PolicyARRTL Arranged Total LossARVD ArrivedAS After Sight, Account Sales, AlongsideAS, ACS Application for Cargo ShipmentA/S AlongsideASAP As Soon As PossibleASBA TANK VOY Association of Ship Broker & Agents Tanker Voyage charter partyASEAN Association of South East Asian NationsASF As FollowsASGD(ASG) Assigned

- 3 -

ASGMT AssignmentASSN AssociationASSO AssociateASST AssistantA/T American Term(grain trade)ATA Actual Time of ArrivalATD Actual Time of DepartureATDNSHINC Any Time Day/Night Sundays and Holidays IncludedATL Actual Total Loss, AtlanticATRS American Tanker Rate ScheduleATSBE All Time Saved Both EndsATSOA American Tramp Ship Owner's Association ATT AttachedATTD AttendantATTN AttentionATTY, ATTNY AttorneyATUTC Actual Times Used to CountATWT Atomic WeightAUTH, AUTHY AuthorityAUXB Auxiliary BoilerAUXE Auxiliary EngineAV, AVRG AverageAVE AvenueAV DISBTS(DISB) Average DisbursementsAVLBL AvailableAWIWL Always Within Institute Warranty Limit

【B】

B Breadth, Bag, BaleBAF Bunker Adjustment FactorBAL, Blnce BalanceBALDRIA Timber C/P from Baltic to AlexandraBALTWOOD Chamber of Shopping Baltic Wood Charter, 1926, Adopted For Leningrad Trade

BAREBOAT CHTR Bareboat Charter-Owners lease a specific ship and control its technical management and commercial operations only.BB Ballast Bonus, Below Bridge, Bill Book, Both-to-BlameBBB Before Breaking BulkBBC Bare-Boat CharterBBCHP Bareboat Charter Hire PurchaseBBCL Both to Blame Collision ClauseBC Bunker C, Bale of Cotton

- 4 -

BCAUS BecauseBCI Baltic Cape Size IndexB/CPTY Bale CapacityBCTOC Busan container terminal operationB/D Bank Draft, Bar DraftBD Bond, Brought DownBDI Baltic Dry Index, Both Dates(Days) InclusiveBDS BoardsBDLS BundlesB'DOWN BreakdownB/E Bill Of Exchanging, Bill Of EntryBEA Bill Of Exchanging Act 1882BEACON Chamber of Shipping British North American (Atlantic) Wood Charter Party 1914BEATS Both Ends All Time SavedBENDS Both Ends (Load & Discharge Ports)BEG BeginningBENDS Both EndsBEP Break Even PointBFI Baltic Freight IndexB/FORE, B4,BFR BeforeBFR Belgium FranceBFSL Being Full Signed LineBFWL Being Full Written LineBG Bag, BeingB/G Bonded GoodsBGE BargeB/H Bill of Health, Bordeaux to Hamburg Inclusive, Breast/Hamburg InclusiveBHD Bulk HeadBHF Bulk Harmless FertilizerBHI Baltic Handy IndexBHP Brake Horse PowerBHPT Broken Hills Proprietary TransportationB & IMC Baltic & International Maritime ConferenceBI Both InclusiveBIA British Insurance AssociationBIBA British Insurance Brokers AssociationBIFFEX Baltic Future Freight IndexBIG British Insurance GroupBIMCO The Baltic and International CouncilBIS British Information ServicesBIZ, BNSS BusinessBK Book, Backwardation, BankBKD BookedBKGD BackgroundBKGE Breakage

- 5 -

BKP Book PostBKT Basket, BracketB/L Bill of LandingBL1 BaleBL2 (Bill of Lading) A document signed by the carrier which acts as a Contract of Affreightment, a receipt and evidence of title to the cargo.BLC Ben Line ContainerBLDG BuildingBLNC BalanceBLR BoilerBLS BalesBEAM The Maximum Breadth of a shipBM Board Measure(Timber), Bosuns' Mate, Bending MomentB/N Booking Note, Boat NoteBN BeenB/O Brought OverBO Buyer's Option, Branch OfficeBOB Bunker On BoardBOD Bunkers On DeliveryBOFFER Best OfferBOOKG, BKG BookingBOR Bunkers On RedeliveryBOS Bill Of SightBO'SN(BOSUN) Boat SwainBOT Board Of TradeB/P Bills Payable, Between Perpendiculars, Bill of ParcelsBP Booking Prospect BPB Bank Post BillBR Boiler Room, Builders Risks, Book of Reference, Bill ReceivableB/R Bills ReceivableBRAIL Bottom RailBRITCONT Chamber of Shipping General Home Trade Charter 1928BRL BarrelBRKGE BrokerageBROB Bunkers Remaining on BoardB/S Balance Sheet, Breaking Stress, Bill of Sale, Bill of StoreBS Boiler SurveyBSA Basic Slop AllocationBS/P Bills PayableBSS BasisBSS 1/1 Basis 1 Port to 1 PortBST British Standard TimeBT Berth TermsBTB Back To BackBTC RATE Berth Term Charter RateBTHU British Thermal Unit

- 6 -

BTM BottomBTN Brussels Trade NomenclatureBTOB British Transport Dock BoardBTO BLAME Both To BlameBTU Boat of Trade UnitBTWN BetweenBUNDLING This is the assembly of pieces of cargo, secured into one manageable unit. This is relevant to items such as Structural Steel, Handrails, Stairways etc. Whilst this is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large (20 ton) fork lift truck.BUNKERS Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)BV Bureau VeritasBW Ballast Water/Brackish Water, Black & White, Both WigsBWAD Brackish Water Arrival DraftBWT Boiler Water TreatmentBWTK Bleeding Wing Tank

【C】

C/A Correction Advice, Centiare, Court Of Appeal, Chartered AccountantCACTLVO Compromised &/or Arranged &/or Constructive Total Loss of Vessel OnlyCAD Cash Against DocumentsCAF Currency Adjustment Factor, Cost And FreightCALC CalculateCANC CancelledCANCL Cancelling DateCANT, CNT Can NotCAP Captioned, CapsuleCAPT CaptainCARE Cooperative for American Relief to Everywhere Inc.CB, C/B Charter Base, Caustic Boiler, Centre of Buoyancy CBF Container Booking ForecastCBFT, CFT, CUFT Cubic FeetCBM Cubic MeterCBS Container Booking Summary, Chartered ShipbrokersCBT Clean Ballast TankCBTM Centre Bottom TankCC Carbon Copy, Cubic Contents, Cancellation Clause, Collecting CommissionCCD Container Cargo DepotCCL Customs ClearanceCCR Crown Cases ReservedCCV Carrier's Convenient VanningCCY Convertible-CurrencyC/D Collection & Delivery, Carried Down, Certificate of Deposit, Current Density,

- 7 -

Commercial Dock, Consular DeclarationCD Country Damage, Canadian Dollar, Container DeportCDD Certificate of Disability for DischargeCDT Centre Deep TankCDV Current Domestic ValueC/E Customs Entry, Chief EngineerCERT, CERTIF Certificate, Certification, Certify, CertifiedCF Cost and Freight, Carried Forward, Cubic Feet, Carried Forward, Clearing & ForwardingCFM Confirm, Cubic Feet Per MinuteCFO Calling For Orders, Channel For Order, Coast For OrdersCFR (or C&F) Cost and FreightCFR Code of Federal RegulationCFS Container Freight Station, Cubic Feet per SecondCG Coast Guard, Consul-General, Centre of GravityCGA Cargo's Proportion of General AverageCGACT Carriage of Goods By Sea Act 1924CGE CarriageC.G.F PROCEEDS Credit Given For ProceedsC.G.F REC Credit Given For RecoveryCGME China, Glass, Marble, EarthenwareCGO CargoCGFP Credit Given For ProceedsCGOH Cargo HoldCGUIDE Cell GuideCHGS ChargesCHNL ChannelCHOP Charterer's OptionCHOPT Charterers OptionCH.PPD Charges PrepaidCHQ ChequeCHRG ChargeCHS Continuous Hull SurveyCHTRS CharterersCI Consular Invoice, Cost and InsuranceCIB Corporation of Insurance BrokersCIE Captain's Imperfect EntryCIE Cost, Insurance, FreightCIF Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.CIF & C Cost, Insurance, Freight and CommissionCIF & I Cost, Insurance, Freight and InterestCIFCI Cost Insurance Freight London TermsCIFLT Cost Insurance Freight London TermsCII Chartered Insurance InstituteCIR Circular, Commissioners of Inland Revenue

- 8 -

CK CheckCKD Completely Knocked DownCL Craft Loss, ClauseCLD Cleared Through Customs, Cleared, CalledCLMS ClaimsCLP Container Load PlanCLR Clear, Centre of Lateral Resistance of a BoatCM CommaCMD CommissionedCMDTY CommodityCMPL CompleteCMNT CementCMR Convention In The Contract For The International Carriage Of Goods By RoadCMS Combined Marine Surcharge, Continuous Machinery SurveyCN Credit Note, Consignment Note, Cover NoteCNCL CancelCNEE, CON(S) ConsigneeCNFM ConfirmCNR Charterers Not ReportedCNTR ContainerC/O Chief Officer, Cash Order, Certificate of Origin, Cost Of, Care OfCO Cylinder Oil, CompanyCOA Contract of Affreightment - Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.COACP Contract of Affreightment Charter PartyCOB Closing of Business, Cargo On BoardCOC Central Operations CommitteeCOD Cash On Delivery, Charge of DestinationCOFG ACT Carriage Of Goods By Sea ActCOGSA, Carriage Of Goods By Sea Act(U.S)CO-INS Co-insuranceCOL CollisionCOLL DGE Collision DamageCOLLN CollisionCLT, COLCT CollectCOM, COMM CommissionCOMB Combination, CombiningCOMD CommanderCOML CommercialCOMM CommunicationCOMP CompositCOMPD Compromised, CompoundCOMPEN CompensationCOMPLD CompleteCOMBO Tokyo bay와 같이 여러 port로 이뤄진 경우 port shifting을 조금 싸게 하는 것

- 9 -

CON ContractCONCN ConcentrationCOND, CONDTN ConditionCONF ConferenceCONN ConnecticutCON ROD Connecting RodCONS ConsumptionCONSGT ConsignmentCONSPIC ConspicuousCONST ConstantCONT continent of EuropeCONTACT DGE Contact damageCONTD ContinuedCONTR ContractedCONTRA OpposingCONTRIB Contribution, contributorCONV Conveyance, Conventional, ConvertedCONWOOD The Baltic and International Maritime Conference Wood Chamber 1937COP Custom Of PortC ORE 7 Iron Ore C/P From Mediterranean to U.KC ORE 8 Iron Ore C/P From North Spain to U.KCOS Chief Of Staffs, Cash On ShipmentCOW Crude Oil WashingCP (or C/P) Charter Party, Charter Party of Cargo Prospects, Candle PowerCPA Clams Payable Aboard, Closest Position of Approach, Certified Public AccountableCPD Charterers Pay DuesCPFF Cost Plus Fixed FeeCPM Cycles Per MinuteCPP Clean Petroleum ProductsCPT Carriage Paid ToCQD Customary Quick DespatchC/R Chief Radio OperatorCR Current Rate, Credit, Crane, Carrier's RiskCREADINESS, CRDNESS cargo ReadinessCRISTAL Contract Regarding an Interim Supplemental to Tanker Liability for Oil PollutionCRS CranesCROB Cargo Remaining on BoardCRL Craft LossCRO Cancelling Returns OnlyCRN CraneCRT CrateCS Continuous Survey, Casualty StationC/S.C Cases, CaseCSCG Container Service Consultative Group

- 10 -

CSD Closed Shelter Deck shipCSK CaskCSM, CMS Continuous Survey MachineryCSO Cargo Shipping OrderCSP Container Service PortCSSC Consortium Standard Slot ConsumptionCST Central Standard TimeCST Container Service TariffCST CentistokeCT California terms, Cubic TonnageCTC Corn Trade ClauseCTGE CartageCTL Constructive Total LossCTLO Constructive Total Loss OnlyCTM Cash To MasterCTN CartonCTNS, COTNS CottonsCTR Container FittedCTS CratesCUB CubicCUCM Cubic CentimeterCUD CouldCUFT Cubic FeetCUM Cubic MeterCUR Currency, Current, NowC/V/E Cabling /Victualing /EntertainmentCVC Consecutive Voyage ChartersCW Commercial WeightCWO Cash With OrderCWT HundredweightCY Container YardCYL CylinderCZ Canal Zone

【D】

D Depth, DraftD, USD Dollar(US dollar)DA Deductible AverageD/A Disbursement AccountDAA Document Against AcceptanceDAC Deferred Attachment ClauseD/AF Discharge AfloatDAMFORDET Damages for Detention. Penalty if cargo is not ready when ship arrives for working (1st day of Laycan). This is not detention which is charged for ships time

- 11 -

on delay. If the cargo is ready there is no DAMFORDET.DAP Diammonium PhosphateDAPS Days all Purposes (Total days for loading & discharging)DARC Dangerous Awkward Reefer ContainerDAS Delivered Alongside ShipDB Debit, Donkey BoilerD.B. Day Book, Deals and BattensDBB Deal, Battens and BoardsDBK Draw BackDBL DoubleDBT Double Bottom TankDBUE & B Double Bottom Under Engines and BoilerD/C Deviation Clause, Detention Clause, Direct CurrentD/D Dry DockDD Delivered, DatedDDA Direct Discharge Additional, Dangerous Drugs ActDDO Despatch Discharging OnlyDDS Delivered In Sound ConditionDD/S Delivered SoundDDU Delivered Duty Unpaid.DDP Delivered Duty Paid.DE DentDEC Declaration, DecemberDED DeductibleDEF Deferred AccountDEG DegreesDELY, DEL, DY, DLVRY DeliveryDERG, DEM DemurrageDEMS Defensively Equipped Merchant ShipDEPT DepartmentDERR DerricksDES DEM Despatch Money and DemurrageDESP DespatchDESTN DestinationDET Detail, DeterminerDET Detention (See DAMFORDET)DEU Due ToDEVN, DEV DeviationDF Dead FreightDF L Draft Full LoadDFL Dutch FlorinDFT, DRFT DraftDG Dangerous Good, Diesel GeneratorDGA Dangerous Good AnchorageD½D Despatch Half DemurrageDHDATSBE Despatch Half Demurrage on All Time Saved Both Ends

- 12 -

DHDWTSBE Despatch Half Demurrage on Working Time Saved Both EndsDIC Delivered-In ChargesDIOT Daily Including OvertimeDIFF DifferenceDISB, DISBT, DISBS DisbursementDISC Discharge, DiscussionDISCH DischargeDISPT DisplacementDIST DistanceDIV Division, DividenedDK DeckDKL Deck Load, Deck LossDK LONGY Deck LongitudinalDKS DecksDKR Danish KroneDLA Direct Loading AdditionalDLO Dispatch Loading OnlyD'LONG Difference In LongitudeDLOSP Dropping Last Outwards Sea Pilot (Norway)DM Deutch markDMG DamageDMP Difference of Meridional PartsD/N Debit NoteDNRCAOSLONL Discountless and Non-Returnable Cargo and/or Ship Lost or Not LostDNV Det Norske VeritasDO Diesel OilD/O Delivery OrderDOC Document of Compliance, DocumentDOD Date Of DeliveryDOLSP Dropping Off Last Sea Pilot (Norway)DOP Dropping Outward Pilot 出口引水员下船时DOS DocumentsDOT Department of Transport, Department of Overseas TradeDOZ DozenDP Documents Against Payment, Direct Port, Delivery PortDPR Daily Pro RataDPT Discharging PortDPV Duty-Paying ValueDR Doctor, Double Reduction GearingD/R Deposit Receipt, Dock Receipt, Deferred RelateDRC Damaged Received In Collision( or Condition )DRK DerrickD/S Days After Sight, Dry-Dock SurveyDSO Deck Stowage OnlyDST Daylight Saving TimeDT Deep Tank, Double Time

- 13 -

DTBA Date To Be AdvisedDTD DatedDTL DetailDTR, DRCTR DirectorDUP DuplicateDUR DurationD/V, DV Dual Valuation, Despatch VesselDVLPMT DevelopmentDVP Duty-Paying ValueDW, DWT Dead WeightDWC Dead Weight CapacityDWCC Dead Weight Cargo CapacityDWE Deck Watch ErrorDWH Waste Head Donkey BoilerDWN DownDWT Deck Watch Time

【E】

EA EachE&EL Each and Every LossE&EO Each and Every OccurrenceEANDOE Errors and Omission ExceptedE/B East BoundEC East CoastECCA East Coast Central AmericaECCP East Coast Coal PortECGB East Coast of Great BritainECM European Common MarketECSC European Coal and Steel CommunityECT European Container TerminusED Existence Doubtful, Extra DutyEDC Estimated Tim of CompletionEDH Efficient Deck HandEDO Equipment Despatch OrderEDPS Electronic Data Processing SystemEE Errors ExceptedE/EA Each and Every AccidentEEC European Economic Commission(or Community)EEE, ERR ErrorEFF Effective, EfficiencyEFTA European Free Trade Area (or Association)E.G Exempli Gratia(For Example)EGGS Exhaust Gas Generating SystemEIR Equipment Interchange Receipt

- 14 -

EIU Even if UsedEJFC Europe/Japan Freight ConferenceE.K. Even KeelEL Employer's LiabilityELEC ElectricELECTRO ElectronicELTCN ElectricianELVENT Electric VentilationELY EarlyEMA European Monetary AgreementEMERG EmergencyEMPL Estimated Maximum Probable LossENCL EnclosureENG EngineENTD EnteredENV EnvelopeEOHP Except Otherwise Herein ProvidedEOM End Of MonthEOHP Except Otherwise Herein ProvidedE/OR Error and Omissions ExceptedEO SURVEY Engine Room and Zero SurveyEP Estimated PositionEPC Export Price ControlEPI Earned Premium IncomeEPT Excess Profits TaxEPU European Payments UnionEQUIPMT, EQMT EquipmentEQUIV EquivalentER Equipment ReceiptE/R Engine RoomERV Each Round VoyageESD Echo Sounding DeviceEST Estimate, Eastern Standard TimeESV Each Single VoyageETA Estimated Time of ArrivalETB Estimated Time of BerthingETC Estimated Time of CommencementETCD Estimated Time of completion of dischargingETD Estimated Time of DepartureETL Estimated Time of landingETS Estimated Time of SailingETY EmptyEUR EuropeEURATOM European Atomic Energy CommunityEVAP EvaporateEX Example

- 15 -

EXCL, XCL ExcludingEXD Examined, Exchanged, Excluded, ExecutedEXEC ExecutiveEX FACIE In Accordance With The DocumentsEX. DIV Without DividendEXHV Exhaust ValueEXIM, EI Export ImportEXIM Export ImportEXMD ExaminedEXP ExpenseEXPLOS ExplosiveEXPT, XPRT ExportEX Q Ex QuayEXS Expenses or Excesses, Ex ShipEXW Ex Works

【F】

FA Freight Agent, Free AlongsideF/A Forward/AfterwardF/A Feeder AdditionalFAA Free of All AverageF & AP Fire and Allied PerilsFAA S/C Free of All Average but to Pay Salvage ChargesFAC Facultative, facsimile, Forwarding Agents CommissionF&C Full And Complete(cargo)FAC OBLIG A Facultative Obligatory CoverF&D Freight and DemurrageFAP First Aid PostFAQ First Average QualityFAS Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading.FAS First And SecondFB Freight BillFBD FreeboardFBS Franco Belgian ServiceFC Freight Rate ConferenceFCA Free to Carrier. A modern equivalent of FAS used in intermodal transport where goods are transferred at a nominated forwarder premises, depot or terminal but not actually put on board vessel.FCC First Class ChartererFCH FranchiseFCII Fellow of the Chartered Insurance InstituteF.CHGS Forwarding ChargesF'CLE DK Forecastle Deck

- 16 -

FCL Full Container LoadsFC/S Free of Capture and SeizureFCSAD Free of Capture, Seizure, Arrest and DetainmentFCSRCC Free of Capture, Seizure, Riots and Civil CommotionsFCSSRCC Warranted Free of Capture, Seizure Etc, and Of Strike, Riots and Civil CommotionsFCV Full Contact ValueFD Free Dock, Free Delivery, Free DischargeFDD Freight Demurrage DeadfreightFDESP, F/DP Free DespatchFDF Forced Draft FanF/DP Free DespatchFDIS Free DischargeFE Far East, Forward End, Full/EmptyFEB Foreign Exchange Bank, FebruaryFEC Far East ConferenceFEFC Far Eastern Freight ConferenceFEPEM Federation of European Petroleum Equipment ManufactureFERM FermentationFEU Standard 40_ ContainerFF,FFR French FrancFFA Free Form Average, Free From Alongside, Free Foreign AgencyFFCS Fixed Free Contact SystemFFD Free From DamageFFL Fixed & Flashing LightFFO Fixed and Floating ObjectsF.FW Fresh Water, ForwardFGA Foreign General Average, Free of General AverageFGAN Fertilizer Grande Ammonium NitrateFH Fore HatchF & HE Friday & holidays exceptedFHEX Fridays/Holidays ExcludedFHINC Fridays/Holidays IncludedFI Free In, For InstanceFIA Full Interest AdmittedFIAS Free In and StowedFIATA International Federation of Forwarding Agent AssociationsFIB Free Into BargeFIBT Free In Berth TermsFICS Fellow of the institute of Chartered ShipbrokerFIH Free In HarbourFILO Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.FIN FinnishFIO Free In/Out. Freight booked FIO includes the seafreight, but no loading / discharging costs, i.e. the charterer pays for cost of loading/discharging cargo.

- 17 -

FIOS Free In/Out Stowed. As per FIO, but includes stowage costs.FIOSLS Free In/Out Stowed and Lashed and SecuredFIOST Free In/Out Spout Trimming.FIOT Free In/Out and Trimmed. FIP Fair In PlaceFIR For Your ReferenceFIS Freight Insurance and Shipping ChargesFIT Free In Trimmed, Free of Income TaxFIW Free In WagonsFIXING Chartering a VesselFLATPACKING Cargo to be presented stacked and secured as an integral unit.F/L Freight ListFLE Fire Lightening and ExplosionFLG FlagFLN Following Landing NumbersFLWG FollowingFM Frequency Modulation, FathomsFM, EX FromFMC Federal Maritime CommissionFMS FathomsFMSWR Flexible Mild Steel Wire RopeFO (IFO) Fuel Oil/Intermediate FOFOB Free on Board FOBOT Free On Board Owners TermsFOC Flag Of Convenience, Free Of Claims. Free Of ChargeFOD Free Of DamageFOD ABS Free Of Damage AbsolutelyFOFFER Firm OfferFOG For Our GuidanceFOM Flag, Ownership or ManagementFOQ Free On QuayFOR Free On RailFOR & CC Free On Riots and Civil CommotionsFORCE MAJEUR Clause limiting responsibilities of the charterers, shippers and receivers of cargo.FORT Free Out Rye TermsFOS Free On SteamerFOT Free On Truck, Fuel On Treatment, Fuel Oil TankFOW1 First Open WaterFOW2 Free On WharfFP Free Port, Floating policy, Fore Part, Flash PortFPA Free of Particular AverageFPA ABS Free of Particular AverageFPA ABSOLUTELY Free from Particular Average Absolutrly But Including Running DownINCLUDING RDC ClauseFPA UCB Free from Particular Average Unless Caused By

- 18 -

FPA UNLESS ETC RDC Free from Particular Average Unless Caused By Sinking Stranding, Fire Or Collision, With Running Down ClauseFPIL Full Premium If LostFPIL IP FPIL From An Insured PerilFPIL PIA FPIL From a Peril Insured AgainstFPT Forepeak TankFR Frame, Freight ReleaseFRATE Freight RateFRC Free of Reported CasualtyFRCC Free of Riots and Civil CommotionFREE DESPATCH If loading/discharging achieved sooner than agreed, there will be no freight money returned.FREE OUT Free of discharge costs to owners. Includes seafreight only.FREQ FrequentFR NO Frame NoFRNT FrontFRO Fire Risk OnlyFROF Fire Risk On FreightFRT FreightFS Factors Of Safety, Forged SteelFSF Fellow of Institute Of Shipping and Forwarding AgentsFSL Full Signed LineFST Floating Storage TankFSW Flexible Steel WireFSWR Flexible Steel Wire RopeFT Free Trimming, Freight Ton, Foot/FeetFTD FittedFTH FathomFTR FooterFTW Free Trade WharfFV Fishing VesselFW Fresh WaterFWAD Fresh Water Arrival DraftFWAD Fresh Water Atlantic DraftFWD Freshwater Damage, Forward, Fresh Water DraftFWDD Fresh Water Departure DraftFWE Finish With EngineFWL Full Written LineFWT Fresh Water TankFWT&GD Fair Wear Tear and Gradual DeteriorationFXLE ForecastleFY Fiscal YearFYG For Your GuidanceFYI For Your Information

- 19 -

FYR For Your Reference

【G】

GA General AverageG/A General Account, General ArrangementGAA General Average AgreementG/A CON General Average ContributionGADV Gross Arrived Damaged ValueGAL General Average LossGALV Galvanic, Galvanism, GalvanizedGAQ General Average QualityGARMT GarmentGARS Gulf of Aden & RedseaGA/S General Average & Salvage ChargeGA/SC General Average, Salvage & Special ChargesGASV Gross Arrived Sound ValueGATT General Agreement On Tariffs and TradeGBB Gross Ballast BonusGBO Goods In Bad OrderGC General Cargo, Great CircleGCD Great Circle DistanceG/CPTY Grain CapacityGCT Greenwich Civil TimeGDS GoodsGEC General Electric CompanyGEM Ground Effect MachineGEN General, GenevaGENCON Uniform General Charter of the Baltic and International Maritime ConferenceG/ENG Generator EngineGESAMP Group of Experts on the Scientific Aspects of Marine PollutionGFA Good Fair AverageG/G DEP General Average DepositGLS GearlessGM Transverse Meter Center Above Center of GravityGMB Good Merchantable BrandGMQ Good Merchantable QualityGMT Greenwich Mean TimeGNCN General ConditionsGN (or GR) Grain (capacity)GO Gas Oil

- 20 -

G/O General OverheadGOB Good Ordinary BrandGOM GM Deducted by Free Surface EffectGOV Government, GovernorGP GroupGR Gross or GrainGR/BALE Grain BaleGRD GearedGRNTEE GuaranteeGRT Gross Register TonnageGSB Good Safe BerthGSM Good Sound MerchantableGSP Good Safe PortGSW Gross Shipping WeightGT Gross Term, Gas Turbine, Gross TonGTEE GuaranteeGTV Gas Turbine VesselGYRO, GYC, GY C Gyro CompassGZ Righting Level

【H】

HA HatchHABN Have BeenHANDING HandlingHB Hire BaseHBR HarbourHC Held CoveredHCMC Ho Chi Min CityHD Head, High DensityHDC High Density CottonHDLTSBENDS Half Demurrage Lay Time Saved Both EndsHDWE HardwareHDWTS Half Despatch Working (or Weather) Time SavedHEY HeavyHF Half, High FrequencyH/H(HO/HA) Hold(s)/Hatch(es)HHD Hoys HeadHHDW Handy Heavy Deadweight(scrap)HKCL H.K Container lineHKD Hongkong DollarHKG HongkongHL Hatch List, Heavy LiftH/M Hull And MachineryHMD Hyundai Mipo Dockyard

- 21 -

HMS Heavy Metal ScrapHO Hold, Heavy OilH/O Head OfficeH & O Hook and Oil DamageHOR HorizonHOZ HazardHP Horse Power, High Pressure, High PowerHPN Horse Power NominalHQTRS/HQ Head QuartersHR HourHRC Hot Rolled CoilsHSD High Speed Diesel OilHSS Heavy Grain Sorghum, SoybeansHT Half Time Survey, Hired Transport, Height, Heat, High TensionHTGC High Temperature Gas-Cooled ReactorHV HaveHVF High Viscosity FuelHVFO High Viscosity Fuel OilHVY HeavyHVING HavingHW Heavy WeatherHW High WaterHWD Heavy Weather DamageHWF & C High Water Full and ChargeHWM High Water MarkHWVR(HEVER) HoweverHYDROCHARTER Nitrate Charter Parts From Norway To All Places

【I】

IADB Inter-American Development BankIAGW If All Going WellIAW In Accordance WithIB In Bond, Internal Bond, Invoice BookIBC Institute Clauses For Builder's RiskIBID In The Same Place(Ibidem)IBRD International Bank For Reconstruction And DevelopmentIC OR I/C In CommissionI/C Interchange, Initial CourseICC Institute Cargo Clause, International Chamber of CommerceIC & C Invoice Cost and ChargesICGB International Cargo Gear BureauIGHCA International Cargo Handling Coordinational Chamber of ShippingICS Institute Of Chartered ShipbrokersICU May I Come To See You?

- 22 -

IE That IsIF In FullIFC Institute Freight ClauseIFEC Italy Far East ConferenceIFO Intermediate Fuel OilIGA Inter-Group AgreementIGC International Grain CodeIGS Inert Gas SystemIHP Indicated Horse PowerILA International Longshoremen's AssociationILL CERT International Load Line CertificationILO International Labours' OrganizationILOHC In Lieu Of Hold CleaningILS Instrument Landing SystemILU Institute London UnderwritersILWU International Longshoremen's & Warehousemen's UnionsIMCO Inter-Governmental Maritime Consultative OrganizationIMDG International Maritime Dangerous Goods CodeIMF Intermediate Fuel, International Monetary fundIMM ImmediateIMO International Maritime OrganizationIMOL Molasses Charter PartyIMM ImmediateIMPSBL ImpossibleIN Inch(es), InsuranceIN&/OR OVER Goods Carried Below Or On DeckINC Incorporation, Inclose, Including, Inclusive, IncreaseINCE InsuranceINCL IncludingIND, INDIC IndicationINDEF IndefiniteINF, INFO InformationINM Incidental Non MarineINS InsuranceINSP InspectionINST InstantINSTR InstructionINSTRMT InstrumentINST WTIES Institute WarrantiesINT InterestINTA-SCALE International Tanker Freight Scale AssociationINTL InternationalINTERMODAL Carriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a single journey. INCOTERMS (Refer comments in covering letter)INT.QK.FL Interrupted Quick Flashing LightINV Invoice

- 23 -

I/O In Lieu Of, Instead OfIO, I & /OR O In and/or over-dockIOP Irrespective of percentageIOU I Owe YouIOW In Other WordsIPA Including Particular AverageIPC Institute Time Clauses Hulls Port RisksIPRC Institute Port Risk ClauseIS Intermediate Survey, Iron and SteelISO International Organization For StandardizationIST International Shipping TrusteeshipIT In TransitITC Institute Time ClauseITF International Transport-Worker's FederationIU If UsedIUAI International Union Of Aviation InsurersIUHTAUTC If Used, Half Time Actually To CountIUMI International Union of Marine InsuranceIV Invoice Value, Increased ValueIVC Institute Voyage Clauses HullsI/W Idle WorkingIWL Institute Warranty Limits A method of Measuring the Space Capacity of Ro/Ro ShipsIWT Inland Water TransportIYC Institute Yacht Clause

【J】

J Judge, JusticeJA Justice of Appeal, Joint AccountJAN JanuaryJ. AND/OR L.O Jettison And/Or Loss OverboardJBO Jute Batching OilJCS Japanese Shippers CouncilJEFC Japan/Europe Freight ConferenceJETT JettisonJHC Joint Hull CommitteeJHU Joint Hull UnderstandingJKAG Japan, Korea, Atlantic & Gulf FreightJKT JakartaJMC Joint Maritime CommissionJP Justice of The PeaceJPN JapanJUL,JLY JulyJUN June

- 24 -

J & WO, JOWB Jettison & Washing OverboardJWOB Jettison Washing Overboard

【K】

KC/S Kilocycles Per SecondKD Knock DownKDC Knocked Down ConditionKDIN Kuwait DinerKHI Kawasaki Heavy IndustriesKMPA Korea Maritime and Port AdministrationKNT KnotKOFMIA Korea Flour Mills Industries AssociationKOR KoreaKOSCIA Korea Super Cereal Industries AssociationKR Korean Register of Shipping Classification, KroneKSA Korea Shipowners AssociationKSCT Korea Shipping Container and Trucking Co., LtdKS LINE Korea Shipping CorporationKST Korea Standard TimeKT Kilo ton

【L】

L Lumber, lloydL/A Landing Account, Letter of AuthorityL.A Los AngelesLANBY Large Automatic Navigation BuoyLASH Lighter Aboard ShipLANE METER whereby Each Unit of Space (Linear Meter) is represented by an area of deck 1.0 meter in length x 2.0 meters in width.LASH To hold goods in position by use of Ropes, Wires, Chains or Straps etc.LAT LatitudeLBP Length Between PerpendicularLBS PoundsLC London ClauseL/C Letter Of Credit, Lay/canLCB Longitudinal Center of Buoyancy from A.P.LCD Leasing Company ClauseLCF Longitudinal Center of Floatation From A.P.LCG Longitudinal Center Of GravityLCL Less Than a Container LoadsL/D Loading/Discharging

- 25 -

L/D Loss and DamageLD Load Draft. Light DisplacementLDD Loss During DischargeL/DEF Latent DefectLDG LoadingLDG/DELY Landing & DeliveryLDN LondonLDO Light Diesel OilLDR LeaderLDS LoadsLDT Loss During TransitLEG CHGS Legal ChargeL/G Letter of GuaranteeLH, LHD Lower HoldL/I, LOI Letter of IndemnityLIAB LiabilityLIBA Lloyd's Insurance Brokers' AssociationLIFO Last in First Out, Liner In Free OutLJA Line's Joint AccountLKGE LeakageLKG(E) & BKG(E) Leakage & breakageLKR Laker(오대호 통항가능 VSL)LLA Line's Local AgentLLC London Lighterage ClauseLLDS Lloyd'sLLL. REP Lloyd's List Law ReportLM Last MonthLMAA London Maritime Arbitrators' AssociationLMC Lloyd's Machinery CertificateLMC CS Lloyd's Machinery Certificate continuous surveyLMG Liquified Methane GasLMT Local Mean TimeLNG Liquified Natural GasLNYD Liability Not Yet DeterminedLO Lubricating OilLOA Length Overall Of The VesselLOC Local Operations CommitteeLOH Loss Of HireLOL Loss Of LifeLONG LongitudeLONG BHD Longitudinal BulkheadLONGL LongitudinalLONG MT Longitudinal MomentLOW Last Open WaterL/P Low PressureLPG Liquified Petroleum Gas

- 26 -

LPO Lloyd's Policy OfficeLPS Loading Port SurveyLPSM Lump SumLPT Loading PortLRMC Lloyd's Refrigerating Machinery CertificateL/R, L.R Loading Report, Loss RatioL/S Lump sum or Lump sum CharterL/S LongshoremanLSCLS Livestock ClauseLSHW LIAB Longshoremen's and Harbour Worker's LiabilityLT Liner Traffic, Landed TermsL/T Long Term, Long TonLTD LimitedLT/D Lower Tween DeckLTDW Long Ton Dead WeightLTGE LighterageLTL Less Than Trailer LoadLTR Lighter, LetterLT SHP Light ShipLTS Lay Time SavedLT-V Light VesselL/U Laid UpL/U AGRMT Leading Underwriter AgreementLS (or LUMPS) LumpsumLSD Lashed Secured DunnagedLT Liner TermsL/UW Leading UnderwriterLUA Lloyd's Underwriter's AssociationLUCO Lloyd's Underwriter's Claim OfficeLVL LevelLW Low Water, In Lieu WeighingLWL Load Water Line, Low Water LevelLWOST Low Water, Ordinary Spring TidesLWR LowerLYCN Laycan (Layday Cancelling Date)

【M】

MA Mechanical AdvantageM/A My accountMACH MachineryMAJ MajorMAL D Malicious DamageMARPOL 1973 International Convention For The Prevention of Marine Pollution from Ship 1973

- 27 -

MALPRA MalpracticeMAR Marine, MarchMAX MaximumM/F ManifestMB Merchant Broker, Motor BoatMBD Machinery BreakdownM/C Metalling Clause, Machinery CertificateMCHY DGE Machinery DamageMD Mean draft, Months After Date, Midship Draft M/D Memorandum of DepositMDO (DO) Marine Diesel OilMDNT MidnightMDSE MerchandiseM/E Main EngineMEC Marine Extension ClauseMEAST Measurement TonsMED Mediterranean SeaMEDCON Chamber of Shipping East Coast Coal C/P 1921MEDITORE Timber C/P From White Sea to U.KMEM MemberMEMO MemorandumM/F ManifestMFG ManufacturingMFO Marine Fuel OilMGO Marine Gas OilMGR ManagerMGT ManagementMH Main HatchMHI Mitsubishi Heavy IndustriesMHWS Mean High Water Spring TideMI Marine InsuranceMIA Marine Insurance Act 1906MID MiddleMIC Man In ChargeMIN/MAX(M/M) Minimum/Maximum (cargo quantity)MIN DEP Minimum And Deposit premiumMIN. WT Minimum WeightMIP Marine Insurance PolicyMISC Malaysian International Shipping Cooperation, MiscellaneousMITE MightMIXT MixtureM/L.MOL, MOLES More or LessMLB Mini Land BridgeMLD MouldedMM Merchant MarinM/M Made Merchantable

- 28 -

MNTIME MeantimeMOA Memorandum Of AgreementMODIF ModificationMOA Memorandum Of AgreementMOD ModernMODIF ModificationMOLCO(MOLCHOP) More or Less Charterer's OptionMOLOO More or Less Owner's OptionMOM Middle Of MonthMOP Muriate Of PotassiumMPACk Missing PackageMPC Manifesto Policing CommitteeMPG Miles Per GallonMPH Miles Per HourMPL Maximum Probable LossMPPS MultipurposeMR Master ReceiptM/R Mean Rate, Mate's ReceiptMRU Much Regret, I Am UnableMS Machinery Survey, Merchant ShippingM/S Motor ShipMSA Merchant Shipping ActMSC Manchester Ship CanalMSD Marine Sanitation(Sanitary) DeviceMSG MessageMST, MSRMT MeasurementM/T Metric Tonne (i.e. 1,000 kilos)MT Measurement Ton, Moment, Empty, Midship TankMTC Moment to Change Trim One CentimeterMTG MeetingMTGOR MortgagorMTIME, MT MeantimeMTL Mean Tidal LevelMTM In The MeantimeMTR MatterM/V, MV Motor VesselMVSSL Mother VesselM & W Marine And War RisksMWHILE MeanwhileMXD MixedMYN Minimum

【N】

N And- 29 -

NA No AcceptanceN/A Not ApplicableNAA Not Always AfloatNAABSA Not Always Afloat But Safely AgroundNAD No Apparent DefectNAUT NauticalNAV Navigating Or NavigationNB Neutral Body, Nota Bene(take note)NB New BuildingNBR(NR) NumberNC No Combo(combination port), New CharterNCAR No Claim For Accident ReportedNCAD Notice Of Cancellation At Anniversary DateNCB No Cargo On BoardNCB National Cargo BureauNCC No Collecting CommissionN-CONE Non ConferenceNCV No Commercial ValueND Non DeliveryNDAS No D.O at SeaNDB New Donkey BoilerNDW Net DeadweightNE No EffectsNEG NegligenceNEGO NegotiationNEI Not Elsewhere IncludedNEP Not Elsewhere ProvidedNES Not Elsewhere SpecifiedNESTING Implies that cargo is presented stacked in the contour of similarly shaped cargo, it may be likened to a stack of plates. This is particularly relevant in the presentation of tankage strakes for transport.NFA No Further ActionNFB No Fuse BrakerNHP Nominal Horse PowerNIL Nothing, ZeroNITE NightNK Not KnownNKR Norway KroneNLUR No Lying Up ReturnsNM Non Marine or No MarkN/M No MarkNMA Lloyd's Non Marine AssociationNN, N/N Not North of, No Name, No NumberNNSS Navy Navigation Satellite SystemNO B.N.A Warranted the Vessel is not Calling at British North American Ports or Places

- 30 -

NOE Not Otherwise EnumeratedNO I/C Naval Officer-In-ChargeNOL Neptune Orient LinerNOM STD Nominal StandardNOND Non DeliveryNON-REVERSIBLE (Detention). If loading completed sooner than expected, then saved days will not be added to discharge time allowed.NOP Not Otherwise ProvideNOR Notice Of ReadinessNORDER In Order ToNOS Not Otherwise SpecifiedNO S.I No Short InterestNOV NovemberN/P Net ProceedsNP Notary PublicNPF Not Provide ForNR Notice of ReadnessNR No RiskNRAD No Risk After DischargeNRAL No Risk After LandingNRAS No Risk After ShippingNRT Net Restricted Tonnage, Net Gross TonnageNRTOR No Risk Until On RailNRTWB No Risk Until WaterborneNS Nuclear ShipNSPE Not Specially Provided ForNT Net TonN/T New Terms, No TermsNTD NotedNU Name UnknownNUBALTWOOD Chamber of Shipping Baltic Wood Charter party 1951NUR not under repairNV Norske Veritas Classification, Nuclear VesselNVOCC Non Vessel Operating Common CarrierN/WMN Night WatchmanNY New YorkNYK Nippon Yusen KaishaNYPE New York Produce Exchange

【O】

OA Overall(measurement)O/A On/About, On or AroundO/A Outer AnchorageOAP Over Age Premium

- 31 -

O/B On Board, On or BeforeOB Oil Bulk ShipOBL Ordered Bill Of Lading, Original Bill of LandingOBO Ore Bulk Oil CarrierOBTN ObtainOC Old Charter, Open Charter, Over ChargeOCA Outstanding Claims AdviceOC B/CL, OBL Ocean Bill of LandingOCCASL OccasionalO.CGO Damage Caused by Other Cargo to the Insured CargoOCIMF Oil Companies' International Marine ForumOCL Overseas Container LineOCP Overland Common PointOCSC Outside Competition Sub CommitteeOCT OctoberOD Over Draft, Office of Destination, On Deck, On DemandODR OrderOECD Organization For European Cooperation And DevelopmentCEEC Organization For European Economic CooperationO/F Ocean FreightOFF Offered, Officer, OfficeOFR Off Fair and RefitOG On Gross, Oil GrandOGP Original Gross PremiumOGPI Original Gross Premium IncomeOGR Original Gross RateOM Oil MooringOMR Organic Liquid Moderated ReactorOMROK Office Of Monopoly ROKON On NetONP Original Net PremiumONPI Original Net Premium IncomeONR Original Net Rate OwnerONRPI Original Net Retained Premium IncomeONR TO HO Original Net Rate to Head OfficeOO Owners OptionOP, O/P Open Policy, Over Paid, OptionalOPEC Organization of Petroleum Exporting CountriesOPL Out Port LimitOPN OpenOPP OppositeOPT Optional, OptionOR Owner's Risk, Original RateO/R Overriding Commission or OverriderORB Owner's Risk of BreakageORC Owner's Risk of Chafing

- 32 -

ORD Owner's Risk of Damage, Order, Ordinal, OrdinaryORDET Owner's Risk of DeteriorationORF Owner's Risk of FireORFR Owner's Risk of FreezingORIG, ORIGNL OriginalORL Owner's Risk of leadageORS OthersOS Owners, Ordinary seamanO/S On Sale or Return, On Sample, Out of Stock, OutstandingOSD Open Shelter Deck ShipOSD/CSD Open/Closed Shelter Deck ShipOS & D Over Short and DamageOSH Open Shelter DeckOSL On Signed LinesOSROK Office of Supply ROKO/T overtime, Old Terms, On TruckOTC ocean transshipment cargoOTR Out-Tern ReportOTLX OUT TelexO/W BASE One Way BaseO'WISE Otherwise OWS OwnersOZ Ounce

【P】

PA Particular AveragePAC Pacific Coast Ports, PacificPANAMAX Panama Canal Transit Maximum Size ShipPANSTONE Chamber of Shipping Charter Party 1920PARA(PAR) ParagraphPART Particular, ParticiplePAS Permanent Administrative, SecretarialPASS Passage, PassengerPASSIM Throughout The BookPASTUS Past UsPAYT PaymentPB Permanent BunkersPBH Partial BulkheadPC Period of Charter, Particular Charge or Profit CommissionP/C Percent, Petty CashPCC Pure Car CarrierPCDS ProceedsPCGO Part CargoPCL Parcel

- 33 -

PCS PiecesPCT PercentPD Paid, Port Dues, Per Diem, Property DamagePDPR Per Day Pro RataPER Statement By, Period, PersonPERDIEM By the DayPERF PerfectPERH PerhapsPER.INJ Personal InjuryPERM PermanentPER PRO On Behalf Of(per Procuration)PERS, ACC Personal AccidentPER SE By ItselfPFD PreferredPFSA To Say Goodby(pour fairs sea adieux)PFV To Make a Call(pour faire visit)PHO Port Health OfficePHOSCON Phosphates Charter-Party From Belgium To North Sea Ports And BalticPHPD Per Hatch Per DayP & I(P/I) Protection and IndemnityPI Personal InjuryP.I. Philippine IslandsPIA Peril Incurred AgainstPICO Port In Charterer's OptionPILF PilferagePITWOODCON Chamber of Shipping Pitwood Charter 1924PKG, PKAG Package, PackingPKT PacketPL Partial Loss, Public Liability, PlateP/L Profit or Loss, Plain LanguagePLA Port of London AuthorityPLD Plat Form DeckPLS PleasePLSD PleasedPM Premium, After NoonPML Possible Maximum LossPMO Passing MUSCAT OutboundPNC Private and ConfidentialPND PoundP/O Peninsular & Oriental SteamshipPOC Port Of CallPOD Paid On Delivery, Port Of DeliveryPOLCON The baltic and International Maritime Conference Polish Coal Charter 1950POLL PollutionPOR Port of Refuge

- 34 -

POST AfterPP Picked Port, Particular Port, Parcel PostP'P PumpP/P Between PerpendicularsPPC Pour Prendre Conge, To Take LeavePPD Prepaid, PostpaidPPI Policy Proof of InterestPPP Polluter Pays PrinciplePPT PromptPR Pro RataP.R Port RiskPRATIQUE Licence or Permission to Use a PortPRC People's Republic of ChinaPREC PreceedingPRED PredicatePREF Preferred, Preference, PrefacePREM PremiumPRM.RED Premiums ReducingPRES PresidentPRIM Primary, PrimitivePRIN PrinciplePRO ProtestPROB, PBLM ProblemPROF ProfessorPROPCON The Baltic and International Maritime Conference Prop and Pulpwood Charter 1937PRORATA In ProportionPROV ProvisionPSA Port of Singapore AuthorityPSC Port State ControlPST Pacific Standard TimePSTN, POSTN PositionP.SETT Previous SettlementPT Panama Canal Tonnage, Penalty Time, Pint, PortPTO Please Turn OverPUB Public, PublicationPUS Past UsPWR PowerPWSS Port War Signal Station

【Q】

QC Quantity at Captain's OptionQLTY QualityQ/M Quarter Master

- 35 -

QN QuotationQTE QuoteQTINE QuarantineQTY, Q'TY, QTTY, QNTY Quantity

【R】

RBCT Richard Bay Container TerminalRBR RubberR & CC Riots and Civil CommotionsRC Return ClauseRCC & S Riots Civil Commotions and StrikesRCD Received, Reasonable Cost DownRCL Ramped Cargo LighterRCP Rules for Construction of PolicyRCPT ReceiptRCVD ReceivedRCVR ReceiversRD Running Lay Days, Reserve Decoration, Running DaysR/D Refer to DrawerRDC Running Down ClauseRDF Radio Direction FinderRDK Raised DeckRDLY RedeliveryRDVOY Round VoyageRE Referring To, Regarding, Rate of Exchange, ReferenceRECAP RecapitulationRECHECK Check AgainRECOMM RecommendRECONFIRM Confirm AgainRECTA A Bill of Landing Which Specifies The Name of The ConsigneeREDEL RedeliveryREDN ReductionREFER Refrigerated Vessel Or Refrigerated SpaceREF Reference, Ship Fitted With Refrigerated Cargo InstallationREG RegulationREGT Registered TonnageREG.P Registered PortREM Remainder, RemittanceREMCE, REMT RemittanceREP RepresentativeREQD, RQ RequiredRES Researcher, ReserveRET Return of PremiumRETRO Retroactive

- 36 -

REUR Refer TourREV RevenueREVERSIBLE (Detention).If loading completed sooner than expected at load port, then days saved can be added to discharge operations.RF ReeferRGDS RegardsRGE RangeRI ReinsuranceRICC Reinsurance of Common AccountRLN Running Landing NumberRM River MooringsRMC Reference My CableRMKS RemarksRML Reference My LetterRMS Royal Mail ShipRMT Reference My TelegramRNR Renewal Not RequiredROB Remaining On BoardROC Regional Operations CommitteeROD Refused On DeliveryRO/RO Roll On Roll Off(Out)ROJA Reinsurance Of Joint AccountROT Reference (to) Our TelegramROTN NO Rotation NumberRP Return PremiumRPM Revolution Per MinuteRPT Repeat, ReportRQ, RQST RequestRQMT RequirementR/R RailroadRSA Republic Of South AfricaR/SCH Regional ScheduleRSIDE Right SideRT Revenue Tonne(i.e. 1 metric Tonne or 1 cubic meter, whichever greater). The overall RT is calculated on a line by line basis of the Packing List using the largest amount. The overall freight liability is calculated on the total RT amount, multiplied by the freight rate.RT Revenue Ton, Rye TermsRTA.CL Rubber Trade Association ClauseRTBA Rate To Be ArrangedRTFO Rye Terms Full OutturnRTRN ReturnRTSD Rye Terms Sound DeliveryRUSSCON Chamber of Shipping Black Sea Berth Contract 1912RUSSWOOD Chamber of Shipping White Sea Wood Charter 1933R/V Round Voyage

- 37 -

RVRTG RevertingRYC Reference Your CableRYL Reference Your LetterRYT Reference Your Telegram

【S】

S SummerSA Safe Arrival, Shipping ApplicationS/A Sub-agent, Subject to ApprovalSA A/C Salvage Association AccountSAH Sun Above the Horizon All DayS/A L/U Subject to Acceptance by the assured, to be advised to the Leading underwriter onlyS AND/OR ND Shortage and/or Non DeliverySALTCON Salt Charter Party from Mediterranean to NorwaySALVL Salvage LossSANR Subject to Approval No RiskSAPL Sailed as Per ListSARAH Search and Rescue HomingSAS Special Ammunition StowageSASHEX Saturday afternoon Sunday Holiday ExcludedSATPM Saturday PMSATPMX Saturday PM ExcludedSB Safe berthSBE Standby EngineSBH Sun Below The Horizon All DaySBJ SubjectSBS Survey Before ShipmentSBT Segregation Ballast Tank, Survey Before ShipmentS/C Salvage Charges, Supplementary CallSCA Suez Canal AuthoritySCAN ScandinavianSCB Safe Charterer's BerthSCCERT Safety Construction CertificateSCH SchoonerSCHDL ScheduleSCN Show Cause NoticeSCQ Special Commodity QuotationSD (or SID) Single Decker, Singapore Dollar, ScandutchS/D Steel diesel or Short DeliverySDBC Single Deck Bulk CarrierSDHF Standard Dutch Hull Form

- 38 -

SDK Shelter DeckSDNR Screw Down Non ReturnSDNRV Screw down non return valueSDR Special Drawing RightSE Stock exchangeSEAFREIGHT Costs charged for transporting goods over the sea. This does not cover any haulage or loading/discharging costs but the sea transport only.SEC SecondSE CERT Safety equipment certificateSECT SectionSECUS OtherwiseSEL SeoulSEMBLE It Appears ThatSELFD Self DischargingSEMI-TRAILERS Are Usually 12.0 Meter Flatbed Road TrailersSEPT SeptemberSEVEN MAJORS BP, EXXON, GULF, MOBIL, SHELL, SOCAL, TEXACOSF Stowage Factor, Shearing ForceS/F Stowage FactorS & FA Shipping & Forwarding AgentS/FEE Survey FeeSFR Swiss FranceS.G. Specific Gravity of LiquidSG Ship And GoodsSH ShipperSHD Shelter DeckSHEX Sunday And Holiday ExcludedSHEXEIU Sunday And Holiday Excluded Even If UsedSHEXUU Sunday And Holiday Excluded Unless UsedSHINC Sundays/Holidays IncludedSHP Shaft HorsepowerSHPG ShippingSH. PMT, SHPT ShipmentSHPR ShipperSHTG ShortageSHS ShippersSHUD ShouldSI Sum Insured, Short InterestSIBOR Singaporian Inter-Bank Offered RateSIG SignatureSINGL DKRS Single DeckersSK SackS/K'LER Store KeeperSKIDS Are bearers (timber or steel) positioned under cargo to enable fork lift handling at port, and for ease of rigging and lashing on board ship.

- 39 -

SKR Swedish KroneSL Salvage Loss, Sue and Labour ChargesS/L Sue and LabourSLB Siberian Land BridgeSL/NL Ship Lost Or Not LostSLC Shipper's Load & CountS/L CH Sue and Labour ChargesSLD SailedSLD A.P.L Sailed As Per ListSL/NL Ship Lost or Not LostSMC Safety Management CertificateSMT Ship's Mean TimeSN Shipping NoteSNO Senior Naval OfficerSNR Ship Not Responsible ForS/O ShipownerSO Ship Operation, Ship's Order, Ship's OptionSOA Ship Operating Agent, State of AccountSOL Ship Owner's Liability, SolicitorSOC Shipper Owned ContainerSOF Statement Of FactsSOP Sulphate Of Potassium, Ship Operating AgentSOS Service Of Suit, Save Our SoulsSP Safe Port, Shipping PortS & P Sale And PurchaseSP CHGS Special ChargesSPA Subject to Particular AverageSPANERUCON Fruit Charter-Party From Spain to UK and ContinentSP CHGS Special ChargesSPCL SpecialSPD Speed, Sparred, Steamer Pay DueSPEC SpecificationSPIDERING Is the internal strengthening of circular tanks for transport, this prevents the tanks becoming warped. The tanks are strengthened with steel or wood crossbeams giving a _spider_ appearance.SPP Small Packet PostSPS Safety Ports, Summer Tanks, Port and StarboardSPT Shipper Pays TaxesSR Shipping RequestSRBL Signing and Releasing Bill of LadingSRCC Strikes, Riot & Civil CommotionSRCERT Safety Radio-Telegraphy CertificateSRL Ship Repairs' LiabilitySR & O Statutory Rules and OrdersSRS Shipping Research ServiceS/S Special Survey

- 40 -

SS SteamshipSS&C Same Sea and Coast, Same Sea and CountrySSA Stand Still AgreementSSBC Sinking, Stranding, Grounding, Burning and CollisionSSE South-South-EastSSHEX (or SSHINC Saturdays, Sundays, Holidays Excluded SATSHEX)SSHINC (or SATSHINC) Saturdays, Sundays, Holidays IncludedSSMUA Steamship Mutual Underwriting Association LtdSS OR B Stranded, Sunk or BurntSSO Struck Submerged ObjectSSW South-South-West, Summer Salt WaterST Short Ton, Straighten, Straight TimeSTA StationSTABCAL Stability CalculationSTBD StarboardSTCW Standard of Training, Certification and Watch-Keeping For Seafares 1978STD Stranded, StandardSTEM Subject To Enough Merchandise (Availability of Cargo)STERN The After most Part of a ShipSTERCOM Steering CommitteeSTEVLIAB Stevedores' LiabilitySTER, STG SterlingSTGE,STOR StorageSTH SouthSTMT StatementSTOS Station To StationSTP StopSTS StevedoresSTTN SituationSU Set UpSUB Subject (to), SubscriptionSUBT SubstituteSUB U/WRS APP Subject To Underwriters' ApprovalSUN EXCT Sunday ExceptedSUPER ECO Super EconomicalSUPRA AboveSV Sailing VesselSVC ServiceSVC SPD Service SpeedSW Seawater, Salt WaterSWAD Salt Water Arrival DraftSWD Seawater Damage, Salt Water DraftSWDD Salt Water Departure DraftSWL Safe Within Limit, Safe Working Load, SWR Steel Wire Rope

- 41 -

SX SacksSYND, SYN Syndicate

【T】

T TropicalTAFHEX Thursday Afternoon Friday Sunday holiday excludedTAN Twilight All NightTAR TariffTARV Tans-Atlantic Round VoyageT/ATL Trans AtlanticT AND/OR CTL Total and/or Constructive Total LossT & S Touch And StayTAX. CAS Taxation CasesTB Trial BalanceTBA To be AdviseTBCCO TobaccoTBL, THROBL Through Bill of LadingTBN To be Nominated, To Be NamedTC a set Length of Time and Provide Technical Management, Crewing Etc.T/C Time Charter, Till CountermandedTCATLVO Total or Constructive or Arranged Total Loss of Vessel OnlyTCI Time Charterer's InterestT/CH Time ChartererTCL Time Charterers' LiabilityTCM Transports Combine of MerchandiseTCRVS Trip Charter Round VoyageTCT Time Charter TripT/D Tween DeckTDO Transshipment Delivery OrderTDW Tonnage DeadweightTDWCC Tons Deadweight Cargo CapacityTDY TodayTE Trade ExpenseTECH TechnicalTEL Telephone, Telegram, TelegraphTELY TelegraphyTELCOM TelecommunicationTEMP TemperatureTEU Twenty-Footer Equivalent Unit, Standard 20_ ContainerTEX Textile, TexasTF Tropical Fresh WaterTFO Thin Fuel OilTFORE, TH4 ThereforeTFR Transfer

- 42 -

TFW Tropical Fresh WaterT/G Tongued and GroovedTGM TelegramTGWU Transport And General Workers UnionTHR Thunderstorm With RainTHRU ThroughTHS Thunderstorm With SnowTKS ThanksT/L Total LossTLO Total Loss OnlyTLO BY TLV Total Loss Only By Total Loss of VesselTLO EXCS Total Loss Only and Excess LiabilityTLO/GA Total Loss Vessel Only & General AverageTLVO Total Loss Vessel Only TLX TelexTMNL TerminalTMW TomorrowTOB Total Amount On BoardTOD Time Of DespatchT/OPRTN Terminal OperationTOR Time On Risk, Time Of ReceiptTOTCOM Total CommissionTOVALOP Tanker Owner's Voluntary Agreement Concerning Liability For Oil PollutionTP, T/P Theft & Pilferage, Third Party, TeleprinterTPC Tons Per Centimeter ImmersionTPF & T Third Party, Fire and TheftTPHONE, TEL TelephoneTPI Tons Per Inch ImmersionTPL, TPLIAB Third Party liabilityTPND Theft, Pilferage and Non DeliveryTPNSD Theft, Pilferage, Non and/or Short DeliveryTR TransferTRANS TransverseTRANSP, TPT Transportation TRANS BHD Transverse BulkheadTRC Terminal Receiving ChargeTRDG TradingTRF Tariff TRFD TransferredTROP Tropical, TropicTRM Transverse Meter-center Above Base LineTS Tailshaft Survey, Tough-Stay, Tween Screw Ship/TransshipT & S Touch and StayT/S Transshipment, TransshipTSKT Top Side Tank

- 43 -

TSR Trans Siberian RailroadTT Telegraphic TransferTTL TotalTTF.CLAUSE Timber Trade Federation ClauseTW Tween DeckerTWA TaiwanTWMC Transport, Wage, Maintenance And CareTWN DKR Tween DeckerTWPH Tons Water Per HourTX Tax

【U】

U YouUA Underwriter AccountU/A Underwriting AccountU&O Use and Occupancy UBC Universal Bulk CarrierU/C Under ConstructionUCB Unless Caused byUCE Unexpected Circumstances ExceptedUCM Can You Come and See MeU/D Under-DeckU DK Upper DeckUK CLUB United Kingdom Mutual Steamship Assurance associationUL Unlimited During The Currency Of The InsuranceULCC Ultra Large Crude Oil CarrierULL UllageULT UltimateUMV Unpacked Mother VehicleUNACCTBL Cannot Accept, UnacceptableUNAVLBL UnavailableUNDSTND, USTAND UnderstandUNECE United Nation Economic Commission For EuropeUNL Ultimate Net LossU & O Use And OccupancyUOM Unless Otherwise MentionedUP Under ProofUPR UpperUP.FEE Underwriters Pay FeeUPS Underwriters Pay Policy Stamp DutyUP.TAX Underwriters Pay TaxU/R Under RepairU/R S UnderwritersUR Your(Yr), Uruguay Round

- 44 -

USA. ATL Port or Places On the Atlantic Seacoast of the United States of AmericaUSC Unless Sooner CommencedUSCG United States Coast GuardUSD Unite States DollarUT Unlimited TransshipmentUT/D Upper Tween DeckUTM UtmostUU Unless UsedUUIWCTAUTC Unless Used In Which Case Time Actually Used To CountUW, U/W Underwriter

【V】

V/A Voyage AccountVAT Value Added TaxVC Valuable CargoVCG Vertical Center of Gravity Above Base LineVCR VancouverVD ValuedVENT VentilatorVERT MT Vertical MomentVHF Very high FrequencyVIZ As Specified Below, NamelyVLCC Very Large Crude Oil CarrierVL/F Very low FrequencyVMT Very Many ThanksVOP Valued As Original PolicyVOY VoyageVOY NO Voyage No.VS, VSL VesselV/S Visual SignallingVPD Vessel Pays DuesVTD Vertical Take OffVTOL Vertical Take Off and LandingVTS Vessel Traffic System

【W】

W WinterWA Water Borne Agreement, With Average, Western AustraliaWA B/C With Average With Both CraftsW&S War and Strikes W&W Wind and WeatherWB Water Ballast, Word Before, West Bound, Warehouse Book, Way Bill

- 45 -

WBD Will Be DoneWBS Without Benefit or Salvage to the Insurer, Without benefit of SalvageWBT Wing Ballast TankWC West CoastWCA Workmen's Compensation ActWCB With Cargo On BoardWCCON Whether Customs Cleared Or NotWCSA West Coast of South AmericaWCYP What Can you ProposeW/D Warranted, Well Deck, Working DaysWDF Wireless Direction FinderWEF With Effect FromWELCON Chamber of Shipping Coasting Coal Charter Party 1913WFTU World Federation of Trade UnionsWG Water Gauge, Weight GuaranteedWHF WharfW/HOUSE, WHSE WarehouseWHWD Weather Half-Working DayWHZ WhetherW/I WithinWIBON Whether In Berth Or NotWICCON Whether In Custom Clearance Or NotWIFPON Whether In Free Pratique or notWIPON Whether In Port Or NotWL,WIL WillWK WeekWLTOHC (distance) Water Line-To-Hatch CoamingW/M, WORM Weight or MeasurementWM.FEES Winter Mooring FeesWMT Wet Metric TonnageWNA Winter North AtlanticWNWD Weather Non-Working DayW/O WithoutW/O,W/OB Washing OverboardWOC Without CompensationWOG Without GuaranteeWOL Wharf-Owner's LiabilityWORMS Weight, Measurement or SpaceWP Weather Permitting, Without Prejudice WPA With Particular AverageWPD Weather Permitting DayWPD With Particular DateWPP Water Proof Paper PackingWR War RiskWRI War Risk InsuranceWRK Wreck

- 46 -

WRO War Risk OnlyWRRC War Risks Rating CommitteeWS World ScaleWT WeightWTE,CL Wartime Extension ClauseW'TIES WarrantiesW.TK Wing TankWTS Working Time SavedWTY WarrantyWUD WouldWVNS Within Vessel's Natural Separation/Segregation WW WorldwideW/W Warehouse to WarehouseWWD Weather Working DayWWDSHEX Weather Working Day Sunday Holiday ExcludedWWDSHINC Weather Working Day Sunday Holiday IncludedWWDSHEXUU Weather Working Laydays, Sunday and, Holidays Excepted Unless UsedWWDSSHEX Weather Working Laydays, Saturday Sunday and Holidays ExceptedWRIC Wire Rods In CoilsWWF Waterfront Worker's FederationWWR When, Where ReadyWZ,WTH With

【X】

XD Ex DividenedXGE ExchangeXI,XIN Ex InterestXMBT Exclude Motor Block TurningXN New ShareX NEW Ex New IssueXS ExcessXS LOSS Excess Loss ReinsuranceXS OF Excess ofXTRA Extra

【Y】

Y AndYAR York-Antwerp RulesYAR 1974 York-Antwerp Rules 1974YR, UR YourYRLET Your Letter

- 47 -

YRS Yours, YearsYT YachtYTD,YESTDY YesterdayYTLX Your Telex

【Z】

Z UTC = GMT

- 48 -