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ACRONYM | FULL WORDING | COMMENT | O/O | Ore / Oil (carrier) ou Ore/Oiler | Vessel with separate center holds for heavy dry bulk cargoes and side tanks for bulk oil | OBO | Ore Bulk Oil (Vessel) | Vessel built so as to carry alternatively oil and dry bulk cargoes in the same cargo compartments | OBQ | On Board Quantities | | OO | (at) Owners’ Option | | OT, O/T | Overtime | Mainly used to place the expense of overtime work on to either party |
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