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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
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