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Welcome to the Braemar Shipping Services Glossary. This contains terminology used in the shipping industry.

OBO

Oil/Bulk/Ore carrier (see Combination carrier).

Oil tanker

Tanker carrying crude oil or refined oil products.

OPA-90

The US Oil Pollution Act of 1990. Federal law imposing regulations on shipowners trading in US waters.

To search the glossary please click A-Z to browse by initial, or click 'ALL'. Initials that have no glossary entries are greyed out.

AMEG: Middle East Gulf
USAC: US Atlantic Coast
USG: US Gulf
WAF: West Africa
TCE: Time Charter Equivalent
WS: Worldscale
TEU: Twenty Foot Equivalent Units