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Dockers loading bagged cargo. FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce.
If the exporter (the shipper) is shipping a small amount of cargo, he will arrange for a carrier to carry the goods for him, using a bill of lading. If the exporter needs the whole (or a very substantial part) of the ship's cargo capacity, the exporter may need to charter the vessel, and he will enter into a charterparty agreement with the ...
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 ...
Pope Field (IATA: POB), Fayetteville, North Carolina, U.S., a military air base; Personnel on board, an abbreviation in oil and gas exploration and production and in shipbuilding; Person overboard, a gender-neutral equivalent of the expression "Man overboard" "Pilot on board", by which the time of the pilot's boarding the ship is understood
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B or b – prefix denoting a number in billions; BA – bottom assembly (of a riser) bbl – barrel bbl/MMscf – barrels per million standard cubic feet
When the cargo is being shipped by several different shipping companies on the same vessel, there will usually be separate bills of lading for each company, but only a single consolidated cargo manifest. On the other hand, if the cargo contains dangerous goods, there may be a separate dangerous cargo manifest. A manifest can be exchanged for ...
A Terminal Operating System, or TOS, is a key part of a supply chain and primarily aims to control the movement and storage of various types of cargo in and around a port or marine terminal.