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1 | Abbreviation or term | Category | Description | ||||||||||||||||||||||||
2 | Agent | Term | Port agents contact suppliers regarding the vessel's schedule and requirements so that bunkering can be scheduled. | ||||||||||||||||||||||||
3 | AHTS | Abbreviation | Anchor-handling Tug Supply (AHTS) vessel | ||||||||||||||||||||||||
4 | Ammonia | Term | Ammonia is a carbon-free fuel that can be used for shipping. | ||||||||||||||||||||||||
5 | ARA | Abbreviation | Refers to the ports of Amsterdam, Rotterdam and Antwerp | ||||||||||||||||||||||||
6 | Bio-LNG | Term | Liquified Natural Gas (LNG) made out of biomass/biomethane | ||||||||||||||||||||||||
7 | Biofuel | Term | Fuel that is produced from biomass (plant or animal material) rather than fossil fuels | ||||||||||||||||||||||||
8 | Brown or grey hydrogen | Term | Hydrogen extracted from fossil fuels or coal | ||||||||||||||||||||||||
9 | Brent Oil | Term | A blend of oil that is Europe based but used across the world (except US where Crude oil is used) | ||||||||||||||||||||||||
10 | Bulk carrier | Term | These 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. | ||||||||||||||||||||||||
11 | Bunker | Term | Liquid fuel that is burned to generate heat and then used to power a ship's engine. | ||||||||||||||||||||||||
12 | Bunkering | Term | The process of supplying fuel to ships | ||||||||||||||||||||||||
13 | cbm | Abbreviation | Cubic meter | ||||||||||||||||||||||||
14 | CCUS | Abbreviation | Carbon capture, utilisation and storage industry | ||||||||||||||||||||||||
15 | Carbon Neutral Oil | Term | Energy fuel or energy systems which have no net greenhouse gas emissions or carbon footprint (e.g. Ammonia, Alcohol, Ethanol or Methanol) | ||||||||||||||||||||||||
16 | CIA | Abbreviation | Cash in Advance | ||||||||||||||||||||||||
17 | CIF MED | Abbreviation | Cost, Insurance and Freight Meditteranean - a pricing basis for refined products in Mediterranean countries such as France | ||||||||||||||||||||||||
18 | Container ships | Term | These container vessels have pre-arranged port rotations which operate on a schedule. | ||||||||||||||||||||||||
19 | CO2 | Term | Carbon dioxide | ||||||||||||||||||||||||
20 | CoQ | Abbreviation | Certificate of Quality - test results on the product that will be delivered (relates to product specifications) | ||||||||||||||||||||||||
21 | Crude Oil WTI | Term | Crude 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) | ||||||||||||||||||||||||
22 | Cruise ships | Term | Passenger vessels which operate on a port rotation basis | ||||||||||||||||||||||||
23 | CST | Abbreviation | Centi-Stoke (unit of measurement for the viscosity of a fluid) | ||||||||||||||||||||||||
24 | Distillates | Term | A liquid fuel usually distilled from crude oil | ||||||||||||||||||||||||
25 | Drums | Term | Lubricants are sold in drums in lots (or sets) of 206/208 litres, or by pallet (4-6 drums combined) | ||||||||||||||||||||||||
26 | EIA | Abbreviation | Energy Information Administration | ||||||||||||||||||||||||
27 | EMEA | Abbreviation | Europe, Middle East and Africa | ||||||||||||||||||||||||
28 | ETA | Abbreviation | Estimated time of arrival | ||||||||||||||||||||||||
29 | ETD | Abbreviation | Estimated time of departure | ||||||||||||||||||||||||
30 | Floating Solar Island | Term | Linked floating solar panels designed to create zero emission hydrogen | ||||||||||||||||||||||||
31 | Green fuels | Term | Also referred to as hydrocarbons or biofuels, they are produced from biomass (plant or animal material) rather than fossil fuels | ||||||||||||||||||||||||
32 | Heavy fuel | Term | The fuel used to propel the engines and power a ship (N.B. there are different grades of heavy fuel) | ||||||||||||||||||||||||
33 | HSFO | Abbreviation | High-sulfur fuel oil | ||||||||||||||||||||||||
34 | Hydrogen | Term | A 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 | ||||||||||||||||||||||||
35 | ICE | Abbreviation | International Exchange (trading) - Brent futures are traded here | ||||||||||||||||||||||||
36 | IMO | Abbreviation | International Maritime Organization | ||||||||||||||||||||||||
37 | LOHC | Abbreviation | Liquid Organic Hydrogen Carrier | ||||||||||||||||||||||||
38 | LNG | Abbreviation | 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) | ||||||||||||||||||||||||
39 | LSMGO | Abbreviation | Low-sulfur marine gas oil | ||||||||||||||||||||||||
40 | Lubricants | Term | Oil used to lubricate the engine (must match with the heavy fuel that is used) | ||||||||||||||||||||||||
41 | MDO | Abbreviation | Marine Diesel Oil - a blend of heavy fuel and Marine Gas Oil (MGO). | ||||||||||||||||||||||||
42 | MGO | Abbreviation | Marine Gas Oil. Also referred to as MDO, LSMGO, DML, Diesel in different countries. | ||||||||||||||||||||||||
43 | MOPS | Abbreviation | Mean of Platts Singapore which is a pricing basis for many refined products in southeast Asia | ||||||||||||||||||||||||
44 | MT | Abbreviation | metric ton | ||||||||||||||||||||||||
45 | NYMEX | Abbreviation | New York Mercantile Exchange (trading) | ||||||||||||||||||||||||
46 | Offshore service vessels | Term | These vessels help ports to transport services to specific and near-port destinations (e.g. delivering food to an oil rig) | ||||||||||||||||||||||||
47 | OPEC | Abbreviation | Organisation of the Petroleum Exporting Countries | ||||||||||||||||||||||||
48 | Platts | Term | Publisher of global price indexes | ||||||||||||||||||||||||
49 | pmt | Abbreviation | Payment price | ||||||||||||||||||||||||
50 | pmtd | Abbreviation | Delivered payment price | ||||||||||||||||||||||||
51 | Product specification sheet | Term | A detailed, concise document that outlines all product specifications, for example, sulfur content, density, units, etc) | ||||||||||||||||||||||||
52 | PSV | Abbreviation | Platform Supply Vessel | ||||||||||||||||||||||||
53 | Scrubber | Term | A self purifying system able to burn, reduce and eliminate sulfur in High sulfur fuel oil (HSFO). | ||||||||||||||||||||||||
54 | Supplier | Term | A third party who checks and compares starting and closing fuel figures on the vessel and ensures compliance with the sampling process. | ||||||||||||||||||||||||
55 | SYNGAS | Abbreviation | Synthetic Natural Gas/Substitute Natural Gas | ||||||||||||||||||||||||
56 | Tankers | Term | Types 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. | ||||||||||||||||||||||||
57 | USD | Abbreviation | United States dollars $ | ||||||||||||||||||||||||
58 | Viscosity | Term | A measure of a fluid's resistance to flow (e.g. the 'thickness' or consistency of a fluid) | ||||||||||||||||||||||||
59 | VLSFO | Abbreviation | Very low-sulfur fuel oil | ||||||||||||||||||||||||
60 | Zero emissions | Term | Fuel produces no emissions at all | ||||||||||||||||||||||||
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