Boats & ships

Boats & ships

Of or relating to transportation vessels that can travel over water.

Industry: Transportation

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Boats & ships

Freight forwarder

Transportation; Boats & ships

A person or persons who represents the cargo owner and who arranges shipments for that owner.

Floating production, storage & offloading vessel (FPSO)

Transportation; Boats & ships

Vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. Usually out of service tankers are utilised as FPSO's.

The raised part of the forward end of a ship's hull, taking its name from the days of sailing ships where the forecastle was effectively a 'castle' on the ship's prow used for defending the ship. On ...

Force majeure

Transportation; Boats & ships

Clause limiting responsibilities of charterers, shippers and receiver of cargo.

Free on board(F.O.B.)

Transportation; Boats & ships

Export term in which the price quoted by the exporter does not include the costs of ocean transportation, but does include loading on board the vessel.

Free on board (FOB)

Transportation; Boats & ships

Cost of a product before transportation costs are figured in.

Flags of convenience (FOC)

Transportation; Boats & ships

The registration of ships in a country that offer favourable tax structures and regulations; also the flag representing the nation under whose jurisdiction a ship is registered. Ships are always ...