FPSO Floating Production, Storage and Offtake vessels GFC Global Financial Crisis GT&Cs General and Conditions - part of petroleum sale and purchase contract H&M Hull & Machinery - refers to particular insurance covering physical hull and machinery on board ILO International Labour Organisation IMO International Maritime Organisation Incoterms Incoterms or international commercial terms are predefined terms published by the International Chamber of Commerce. IOC International Oil Company used to refer to the large, global, publicly – listed oil companies (includes BP, Chevron, ConocoPhillips, ENI, ExxonMobil, Shell, Total among others) ISGOTT The International Safety Guide for Oil Tankers and Terminals ISM code International Safety Management Code ISPS code The International Ship and Port Facility Security Code LPG Liquefied petroleum gas LR Long Range tanker larger categories of product tankers (although – sometimes also used to refer to crude LR1 is similar to Aframax size, – LR2 to Suezmax) MARPOL The International Convention for the Prevention of Pollution from Ships MR Medium Range tanker most common tanker used for transporting – petroleum products Oil Companies International Marine Forum Panamax Crude oil tanker category of a size that can fit through the Panama Canal (50-80,000 DWT) P&I Professional & Indemnity club the means by which ship owners get – pollution insurance SAFE -T Shell proprietary tanker vetting system SIRE OCIMF tanker vetting database SOLAS Safety of Life at Sea an IMO convention – STCW convention International Convention on Standards of Training, Certification and Watchkeeping for Seafarers an IMO convention – Suezmax Crude oil tanker of a size that can fit through the Suez Canal 200,000 DWT)
FPSO Floating Production, Storage and Offtake vessels GFC Global Financial Crisis GT&Cs General and Conditions - part of petroleum sale and purchase contract H&M Hull & Machinery - refers to particular insurance covering physical hull and machinery on board ILO International Labour Organisation IMO International Maritime Organisation Incoterms Incoterms or international commercial terms are predefined terms published by the International Chamber of Commerce. IOC International Oil Company – used to refer to the large, global, publicly listed oil companies (includes BP, Chevron, ConocoPhillips, ENI, ExxonMobil, Shell, Total among others) ISGOTT The International Safety Guide for Oil Tankers and Terminals ISM code International Safety Management Code ISPS code The International Ship and Port Facility Security Code LPG Liquefied petroleum gas LR Long Range tanker – larger categories of product tankers (although sometimes also used to refer to crude – LR1 is similar to Aframax size, LR2 to Suezmax) MARPOL The International Convention for the Prevention of Pollution from Ships MR Medium Range tanker – most common tanker used for transporting petroleum products Oil Companies International Marine Forum Panamax Crude oil tanker category of a size that can fit through the Panama Canal (50-80,000 DWT) P&I Professional & Indemnity club – the means by which ship owners get pollution insurance SAFE -T Shell proprietary tanker vetting system SIRE OCIMF tanker vetting database SOLAS Safety of Life at Sea – an IMO convention STCW convention International Convention on Standards of Training, Certification and Watchkeeping for Seafarers – an IMO convention Suezmax Crude oil tanker of a size that can fit through the Suez Canal DWT) 200,000
aust-maritime-petroleum-supply-chain-report-2013.docx