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Abbreviation or termCategoryDescription
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AgentTermPort agents contact suppliers regarding the vessel's schedule and requirements so that bunkering can be scheduled.
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AHTSAbbreviation Anchor-handling Tug Supply (AHTS) vessel
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AmmoniaTermAmmonia is a carbon-free fuel that can be used for shipping.
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ARAAbbreviation Refers to the ports of Amsterdam, Rotterdam and Antwerp
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Bio-LNGTermLiquified Natural Gas (LNG) made out of biomass/biomethane
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BiofuelTermFuel that is produced from biomass (plant or animal material) rather than fossil fuels
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Brown or grey hydrogenTermHydrogen extracted from fossil fuels or coal
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Brent OilTermA blend of oil that is Europe based but used across the world (except US where Crude oil is used)
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Bulk carrierTermThese vessels carry large quantities of dry goods (e.g. grains, coal, wood chip, hay and ore). How the vessels are used can change frequently - this can make bunkering more complex.
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BunkerTermLiquid fuel that is burned to generate heat and then used to power a ship's engine.
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BunkeringTermThe process of supplying fuel to ships
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cbmAbbreviation Cubic meter
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CCUSAbbreviation Carbon capture, utilisation and storage industry
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Carbon Neutral OilTermEnergy fuel or energy systems which have no net greenhouse gas emissions or carbon footprint (e.g. Ammonia, Alcohol, Ethanol or Methanol)
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CIAAbbreviation Cash in Advance
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CIF MEDAbbreviation Cost, Insurance and Freight Meditteranean - a pricing basis for refined products in Mediterranean countries such as France
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Container shipsTermThese container vessels have pre-arranged port rotations which operate on a schedule.
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CO2TermCarbon dioxide
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CoQAbbreviation Certificate of Quality - test results on the product that will be delivered (relates to product specifications)
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Crude Oil WTITermCrude Oil (West Texas Intermediate) is a light, sweet blend of oil that can be refined easily into petrol and other associated products. Uses US indexes and is exchanged at NYMEX (New York Mercantile Exchange)
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Cruise shipsTermPassenger vessels which operate on a port rotation basis
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CSTAbbreviation Centi-Stoke (unit of measurement for the viscosity of a fluid)
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DistillatesTermA liquid fuel usually distilled from crude oil
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DrumsTermLubricants are sold in drums in lots (or sets) of 206/208 litres, or by pallet (4-6 drums combined)
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EIAAbbreviation Energy Information Administration
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EMEAAbbreviation Europe, Middle East and Africa
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ETAAbbreviation Estimated time of arrival
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ETDAbbreviation Estimated time of departure
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Floating Solar IslandTermLinked floating solar panels designed to create zero emission hydrogen
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Green fuelsTermAlso referred to as hydrocarbons or biofuels, they are produced from biomass (plant or animal material) rather than fossil fuels
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Heavy fuelTermThe fuel used to propel the engines and power a ship (N.B. there are different grades of heavy fuel)
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HSFOAbbreviation High-sulfur fuel oil
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HydrogenTermA potential zero-carbon fuel, extracted from fossil fuels or coal (called brown or grey hydrogen), or from biomass or renewable energy (called green hydrogen) which can be more environmentally friendly
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ICEAbbreviation International Exchange (trading) - Brent futures are traded here
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IMOAbbreviation International Maritime Organization
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LOHCAbbreviation Liquid Organic Hydrogen Carrier
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LNGAbbreviation Liquified Natural Gas - fuel that has been cooled to a liquid state and is one of the cleanest fuels on the market (made up of 95% methane)
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LSMGOAbbreviation Low-sulfur marine gas oil
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LubricantsTermOil used to lubricate the engine (must match with the heavy fuel that is used)
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MDOAbbreviation Marine Diesel Oil - a blend of heavy fuel and Marine Gas Oil (MGO).
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MGOAbbreviation Marine Gas Oil. Also referred to as MDO, LSMGO, DML, Diesel in different countries.
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MOPSAbbreviation Mean of Platts Singapore which is a pricing basis for many refined products in southeast Asia
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MTAbbreviation metric ton
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NYMEXAbbreviation New York Mercantile Exchange (trading)
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Offshore service vesselsTermThese vessels help ports to transport services to specific and near-port destinations (e.g. delivering food to an oil rig)
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OPECAbbreviation Organisation of the Petroleum Exporting Countries
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PlattsTermPublisher of global price indexes
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pmtAbbreviation Payment price
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pmtdAbbreviation Delivered payment price
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Product specification sheet
TermA detailed, concise document that outlines all product specifications, for example, sulfur content, density, units, etc)
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PSVAbbreviation Platform Supply Vessel
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ScrubberTermA self purifying system able to burn, reduce and eliminate sulfur in High sulfur fuel oil (HSFO).
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SupplierTermA third party who checks and compares starting and closing fuel figures on the vessel and ensures compliance with the sampling process.
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SYNGASAbbreviation Synthetic Natural Gas/Substitute Natural Gas
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TankersTermTypes of tanker vessels include oil tankers, chemical tankers and LNG (Liquified Natural Gas) tankers - they carry products in bulk which can often be dangerous or flammable.
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USDAbbreviation United States dollars $
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ViscosityTermA measure of a fluid's resistance to flow (e.g. the 'thickness' or consistency of a fluid)
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VLSFOAbbreviation Very low-sulfur fuel oil
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Zero emissionsTermFuel produces no emissions at all
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