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Shipping Glossary

A B C D E F G H I J K L M N O P R S T U V W X Y Z
 
 
ACRONYM FULL WORDING COMMENT
L/D Loading / Discharging
LAYCAN, L/C Laydays / Cancelling (date)
LBP / LBPP / LPP Length Between Perpendiculars
LC , L/C, LOC Letter of Credit Concerns the sale of the cargo, rarely the freight.
LDG Loading
LH Last Half (of a month)
LKFTD, LAKER Lake Fitted (Vessel) Vessel suitable for the St Lawrence Seaway Maximum breadth : 22,86 m (75 feet) with an allowance up to 23 m NB. Draft currently authorized : 26 feet in fresh water, i.e. 7,925 metres
LMDF Light Marine Diesel Fuel French qualification for a petroleum distillate, very close to GO Used as DO or GO
LNG Liquefied Natural Gas
LOA Length Overall
LPG Liquefied Petroleum Gas
LS, L/S Lumpsum
LT Long Ton 2240 Lbs, i.e. 1016,048 Kg, currently admitted as 1016 Kg
LW Light Weight See also ST (Spring Tide)
LW Low Water