GENERAL TERMS

LT — Local time
ETA — Estimated Time of Arrival
ETC — Estimated Time of Completion
ETD — Estimated Time of Departure
ETB — Estimated Time of Berthing
ETS — Estimated Time of Sailing
EOSP — End Of Sea Passage
POB — Pilot On Board
AGW — All Going Well
WP — Weather Permitting
UCE — Unexpected Circumstances Excluded
WOG — Without Guarantee

LOA — Length Over All
Beam (bm) — The widest part of a ship
Molded Depth (md) — Distance from the keel to the deck
DWT (Dead Weight Tons) — The difference between a ship's displacement light and her displacement loaded
NRT (Net Registered Tons) — The volume of cargo the vessel can carry; the taxable tonnage of a vessel
GRT (Gross Registered Tons) — represents the total internal volume of a vessel, with some exemptions for non-productive spaces such as crew quarters
Air Draft — Distance from keel to highest part of vessel minus the draft
Deepest Draft — Usually the draft of the stern of vessel
SF — Stowage Factor

MT (Metric Ton) — 1000 kilos / 2204.62 lbs
ST (Short Ton) — 2000 lbs
LT (Long Ton) — 2240 lbs
NOR (Notice of Readiness) — Vessel is in all respects ready to commence discharging or loading
CTM (Cash to Master) or BTM (Bonus to Master)
Bonds — An insurance agreement pledging surety for financial loss caused to another by the act or default of a third person or by some contingency over which the third person may have no control
Tariffs — A listing/scale of rates/charges for a business or public utility
SOF (Statement of Facts) — Voyage information and timesheet from the EOSP to departure of the vessel including the daily act of vessel load/discharge operations

Demurrage — The detention of a vessel by the carrier beyond the time allowed in her charter party for loading / unloading / sailing
Dispatch — Expedient load or discharge resulting in a rebate to the receiver/shipper
Detention — charge for delay
Lay can — dates specified by the charter party for loading
LOI (Letter of Indemnity) — Used by the carriers to replace Bill of Lading in order to release cargo for discharge, proof to the captain freight is paid
FIO (Free In/Out) — receiver/shippers pay stevedoring for discharge or loading of vessel rather than the carrier
Full Liner — Carriers pay stevedoring from hold to place of rest or from place of rest to hold
Liner, end of hook — Carrier pays for hold to end of hook or from end of hook to hold
B/L (Bill of Lading) — written account of goods shipped signed by the agent of the owners of the ship or by its master acknowledging the receipt of goods and promising to deliver them safe to the place directed
DAD (Delivery Authorization Document) — Customs form 3461; signifies custom's clearance of goods, authorizes delivery
AES (Automated Export System) — is the system used by U.S. exporters to electronically declare their international exports to the Customs and Border Protection (USCBP) — must be filed prior to loading of the vessel
AMS (Automated Manifest System) — is the system used by importers to electronically declare their international imports to the USCBP — AMS must be filed 24 hour prior to loading the ship in the foreign port for break bulk or containers, and 24 hours prior to arrival U.S. for bulk cargo
Schedule B — Numbers provided by the U.S. Census to identify commodities for export for AES purposes
USCBP — United States Customs/Border Protection
USCG — United States Coast Guard
APIS (Automated Passenger Information System) — 96 hour NOA (Notice Of Arrival) entry to Immigration
APHIS (Animal and Plant Health Inspection Service) — USCBP division of U.S. Agriculture
SCAC (Standard Carrier Alpha Code) — Four letters that identify the carrier, usually the first four letters of the Bill of Lading number
ICB (International Carrier Bond) — Bond required, for the carrier, by U.S. Customs for APIS purposes

Our firm is fully bonded, retaining a U.S. Customs Vessel and Aircraft Bond, as well as a U.S. Customs Continuous Importer Bond.