Abbreviations E - M:
EC - East Coast

EIU - Even if Used

ELVENT - Electric Ventilation

ETA - Estimated Time of Arrival

ETC - Estimated Time of Completion

ETD - Estimated Time of Departure

ETS - Estimated Time of Sailing

EXW - Ex Works

FAS - Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and
buyer covers costs and risks of loading.

FD - Free of Despatch

FDD - Freight Demurrage Deadfreight

FDIS - Free Discharge

FEU - Forty foot container equivalency unit - Standard 40‘Container

FHEX - Fridays/Holidays Excluded

FHINC - Fridays/Holidays Included

FILO - Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge
Free In/Out. Freight booked FIO includes the seafreight, but no loading/discharging costs, i.e. the charterer
pays for cost of loading and discharging cargo.

FIOS - Free In/Out Stowed. As per FIO, but includes stowage costs.

FIOT - Free In/Out and Trimmed. As per FIOS but includes trimming - the leveling of bulk cargoes

FIOSLSD - Free In/Out Stowed, Lashed, Secured and Dunnaged. As per FIO, but includes cost of lashing
securing and dunnaging cargo to Masters satisfaction.

FIOST - Free In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage
and trimming.

FIT - Free In Trimmed

FIW - Free In Wagon

FIXING - Chartering a Vessel

FLT - Full Liner Terms - Shipowner pays to load and discharge the cargo

FMC - Federal Maritime Commission - US government agency

FMS - Fathoms - 6 feet

FO (IFO) - Fuel Oil/Intermediate FO

FOB - Free on Board. Seller sees the goods „over the ship‘s rail“ on to the ship which is arranged
and paid for by the buyer

FOFFER - Firm Offer

FOG - For Our Guidance

FOQ - Free On Quay

FOR - Free On Rail

FORCE MAJEURE - Clause limiting responsibilities of the charterers, shippers and receivers due to events
beyond their control.

FOT - Free On Truck

FOW (1) - First Open Water

FOW (2) - Free On Wharf

FREE OUT - Free of discharge costs to Owners

FWAD - Fresh Water Departure Draft

FYG - For Your Guidance

FYI - For Your Information

GA - General Average

GLS - Gearless

GNCN - Gencon - a standard BIMCO charter party form

GN (or GR) - Grain (capacity)

GO - Gas Oil

GRD - Geared

GRT - Gross Registered Tonnage

GSB - Good Safe Berth

GSBP  - Good Safe Port Berth

GSP - Good Safe Port

GTEE - Guarantee

2H - Second Half

HA - Hatch

HDWTS - Half Despatch Working Time Saved

HMS - Heavy Metal Scrap

HO - Hold

HW - High Water

ILOHC - In Lieu of Holds Cleaning

IND - Indication

INTERMODAL - Carriage of a commodity by different modes of transport, i.e. sea, road, rail and air within a
single journey.

ITF - International Transport Federation - international body that regulates crewing of ships

IU - If Used

IUATUTC - If Used, Actual Time Used To Count

IUHATUTC - If Used, Half Actual Time Used To Count

IWL - Institute Warranty Limits

INCLOT - Including Overtime

LANE METER - A method of measuring the space capacity of Ro/Ro ships 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 (1) - To hold goods in position by use of Ropes, Wires, Chains or Straps etc./2008

LASH (2) - Lighter Aboard Ship - a vessel that loads small barges direct from the water

LAT - Latitude

LOA - Length Overall of the vessel

LOW - Last Open Water

LS (or LUMPS) - Lumpsum

LSD - Lashed Secured Dunnaged

LT - Liner Terms

LW - Low Water

LYCN - Laycan (Layday Cancelling Date)

MB - Merchant Broker

MDO (DO) - Marine Diesel Oil

MIN/MAX - Minimum/Maximum (cargo quantity)

MOLCHOPT - More or Less Charterers Option

MOLOO - More or Less Owners Option

MT - Metric Tonne (i.e. 1,000 kilos / 2204.6lbs)