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| ACRONYM | FULL WORDING | COMMENT | | P & C, P and C | Private and Confidential | | | PANDI, P + I | P. and I. Club (Protection and Indemnity) | Mutual Insurance Organization covering the professional risks of the Shipowners, the Charterers, ... | | PCT | Per Cent | | | PLS, PLSE | Please ... | | | PNX | Panamax (vessel) | Vessel within the physical limits of the Panama Canal LO.A. 274,30 metres for cargo ships/ 289,50 metres for container or passengers ships Beam 32,30 metres, with a possible extension when draft is maximum 11,28 metres, Draft : 12,04 metres (in normal circumstances) | | PP, PPD | Prepaid | Applies to a freight payable upon shipment of the cargo (Implies that it is non returnable) | | PPS | (All) Purposes | Same as AP : Total laytime allowed for both loading and discharging operations | | PPT | Prompt | | | PT | Per Ton | | | PT | Port | Mostly used to indicate the stowage factor (SF) of a cargo ; expressed in cbf or cbm per Ton. |
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