j. & w.o.

Jettison and washing overboard.

JBL

Jubail

Jett

Jettison.

JV

Joint venture.

K

“000” i.e. thousand, e.g. 2K = two thousand.

k, kn, knt, kt, knot

Knot; nautical miles (6080 feet or 1853 metres) per hour.

KMT

Distance from keel to mast.

KRS

Koreans.

L

Laden.

L/D

Loading/discharging.

LA

Los Angeles

LASH

Lighter aboard ship (barge carrier).

LAT

Lowest austronomical tide; latitude.

Lay/can (L/C, LYCN)

Laydays commencing/ laydays canceling (dates) or laydays/canceling.

LB

Long Beach

LBP

Length between perpendiculars.

LC (L/C)

London clause; letter of credit; laycan.

LCI

Lambert’s Capesize Index.

Lcr

Lowest current rate.

LDN

London; Laden

LDO

Light diesel oil.

LDPT

Load Port

LEFO

Land’s end for orders.

LGFM

Lond Grain Fixures Market

LHAR

London, Hull, Amsterdam or Rotterdam.

LIFO

Liner in, Free out; Last in, First out

LL

Laden legs; loadlines.

LLT

London landed terms.

LM

Lane metres.

LMC

Lloyd’s machinery certificate.

LNG

Liquefied natural gas (carrier).

LO

Lubricating oil.

LO/LO

Load-on and load-off or Lift-on and lift-off vessel.

LOA

Length Overall of the vessel

LOF

Lloyd’s Open Form. (Salvage Agreement), 1995.

LOI

Letter of indemnity.

LOW

Last open water.

LPD

Load port disbursements.

LPG

Liquified petroleum gas

Lpl

Liverpool

LQT

Liverpool quay terms.

LRATE

Load rate.

LS

Lumber (timber) summer loadline.

LS (or LUMPS)

Lumpsum

LSD

Landing ship dock; landing, storage and delivery

LSD

Lashed Secured Dunnaged

LSLSDU

Loaded, stowed, lasned, secured, dunnaged and unlashed.

LT (It/Its)

Long ton; liner terms; London terms.

Lt. V

Light vessel.

LTBENDS

Liner terms, both ends.

LTS (BE)

Laytime saved (both ends).

LW

Low Water

LWNA

Lumber Winter North Atlantic (loadline).

LYCN

Laycan (Layday Cancelling Date)

M

Metre; measure; measurement.

M/R

Mate’s receipt.

M/V

Motor Vessel

MAA

Mina Al Ahmadi

MAP

Mono-ammonium phosphate

MARPOL

Convention for the Prevention of Maritime Pollution from ships (1973/1978).

MATS

Material(s), (i.e. dunnage).

MB

Merchant Broker

MB/T

Motor blocks/ turnings.

MBTE

Methyl, butyl, tertiaer ether

MDO

Marine diesel oil.

MED

Mediteranean

MEX

Mexico.

MH

Main hatch.

MHWN

Mean high water neaps (formerly, HWONT).

MHWS

Mean high water springs (formerly, HWOST).

MIC

Man-in-charge.

MICS

Member of the Institute of Chartered Shipbrokers, London.

MIN/MAX

 Minimum/Maximum

MIO

Millon(s).

ML

Motor launch.

MLD

Moulded.

MLLW

Mean low low water.

MLS

Miles.

MLW

Mean low low water.

MLWN

Mean low water neaps

MLWS

Mean low water springs

MOL

More or Less

MOLCHOPT

More or Less Charterers Option

MOLOO

More or Less Owners Option

MOP

Muriate of Potash (fertiliser)

MOS

Months.

MPP

Multi-purpose (vessel).

MRX

Medium range cross-purpose tanker.

MS

Motor shop; motor spirit; machinery survey.

MSA

Merchant Shipping Act.

MSC

Manchester Ship Canal; Maritime Safety Committee (of IMO).

Mst

Measurement.

MSV

Motor support vessel.

Mt

Empty.

MT

Metric ton (tonne); multimodal transport; main terms; motor tanker.

MTL

Mean tidal level.

MTO

Multimodal transport operator.

MTPA

Million metric tonnes per annum.

MV

Motor vessel.

N

And

N CONT (NO CONT)

North Continent.

N(NTH)

North.

n.E.

Not east of.

n.e.p.(NEP)

Not elsewhere provided.

n.m.

Nautical mile.

n.N.(N/N)

Not north of

N.O.P.

Net operating profit.

n.o.p.

Not otherwise provided.

n.S.

Not south of.

n.W.

Not west of.

N.Y.T.

New York Standard Time.

N/B

New building.

N/t

New terms (grain trade).

NA

North Atlantic; North America; nearest approach.

NAA

Not always Afloat

NAABSA

Not Always Afloat but Safely Aground

NCB

National Cargo Bureau

NCSA

North Coast South America

NES(n.e.s)

Not elsewhere specified.

NEW

North West Europe

NEWCT

North East of West Coast Italy.

NHP

Nominal horse power.

NJ

New Jason clause in C/P.

NMPD

Nautical miles per day.

NNGWB

Not north of George Washington Bridge (i.e. New York).

NOLA

New Orleans

NOPAC

North Pacific (Ports)

NOR (N/R)

Notice of Readiness.

NOR T & A

Notice of Readiness tendered and accepted.

NORT

Notice of Readiness tendered.

NPK

Nitro Phosphatic Kompound

NR

Northern Range of Ports (in US)

NR T (nrt)

Not register tonnage.

NRT

Net Restricted Tonnage

NS

No sparring.

NSW

New South Wales (Australia)

NT

Net tonnage; neap tides; new tonnage.

NTC

Not to count.

NTCEIU

Not to count, even if used.

NTCEUU

Not to count, unless used.

NVOCC

Non-vessel owing common carrier.

NY (NYK)

New York.

NYPE

New York Produce Exchange