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The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
AAW An acronym for anti-aircraft warfare. aback (of a sail) Filled by the wind on the opposite side to the one normally used to move the vessel forward.On a square-rigged ship, any of the square sails can be braced round to be aback, the purpose of which may be to reduce speed (such as when a ship-of-the-line is keeping station with others), to heave to, or to assist moving the ship's head ...
Marines sometimes are thought by seamen to be rather gullible, hence the phrase "tell it to the marines", meaning that one does not believe what is being said. 2. An alternative term for a navy, uncommon in English but common in other languages. 3. Of or pertaining to the sea (e.g. marine biology, marine insurance, marine salvage). 4.
PERC, Perc or perc may refer to: Shortened form of percocet Acronym for preservation, enhancement, restoration or creation (of a natural resource) in environmental mitigation
However lift-on/lift-off vessels can load and unload their own cargo unassisted. Lift-on/lift-off vessels can operate out of docks with no dockside cargo handling equipment. "In May 2010 the Office of Naval Research (ONR) conducted a ... at-sea demonstration of their Large Vessel Interface Lift-on/Lift-off (LVI Lo/Lo) crane system in sea state ...
Glossary of nautical terms may refer to: Glossary of nautical terms (A–L) Glossary of nautical terms (M–Z) This page was last edited on 21 December 2024 ...
Some terms may be used within other English-speaking countries, or within the freight industry in general (air, rail, ship, and manufacturing). For example, shore power is a term borrowed from shipping terminology, in which electrical power is transferred from shore to ship, instead of the ship relying upon idling its engines. Drawing power ...
The two terms have a specific meaning in commercial law and cannot be altered. But the FOB terms do not need to be used, and often are not. In this case the specific terms of the agreement can vary widely, in particular which party, buyer or seller, pays for the loading costs and shipment costs, and/or where responsibility for the goods is ...