Expenses for crew and other expenses directly connected to the daily running of the vessel, like lube oils, insurance, maintenance etc.

The total weight that a vessel can carry when loaded to its marks, including cargo, fuel, stores, spares, crew, etc. (usually in Metric Tons).

Charge against cargo for loading/discharging taking longer time than agreed.

Credit against cargo for loading/discharging taking shorter time than agreed.

The weight of the vessel and its weight contents.

Det norske Veritas, classification society.

The ship has an inner and an outer hull. This construction increases strength and safety.

Depth of submerged part of vessel.

Place of ship repair. Vessels are regularly put into drydock for inspection, repair and painting of vessels bottom.

Wood (usually) placed amongst cargo to facilitate stowage and protect against damage.

Deadweight.