Glossary

AHTS – Anchor Handling, Tug & Supply ship

Combination vessels operating in the offshore market, designed for use in anchor-handling, tug operations and transportation of supplies.

Bareboat charter

The leasing of a vessel without a crew to a charter party for a fixed period. In principle, the charterer pays all operating costs.

Breakbulk

General cargo or bulk cargo that is “breakbulk” loaded, meaning with no pallets or other type of carrier.

Bulk carrier

Vessel for the transportation of loose goods in large quantities, such as coal, ore, fertilizer and grain.

Bunker

Name for the vessel’s fuel, that is, the oil used for powering the vessel’s engines.

Charterer

A cargo owner or party that charters a vessel.

Deadweight tons (dwt)

The total weight of cargo, bunkers and unattached equipment that a vessel can carry.

ERRV

Emergency Response and Rescue Vessels.

Feeder traffic

Feeder services with smaller vessels to ports where reloading to larger vessels is undertaken.

FEU

Container size. Forty Equivalent Units, that is, a fortyfoot container.

HSE policy

Health, safety and environment policy.

IMO

International Maritime Organization – UN international maritime body.

ISO

International Standards Organization.

International Safety Management (ISM) Code

Quality and safety regulations stipulated by IMO for international merchant shipping. Certification in accordance with the ISM Code is administered by the national maritime authority, which in Sweden is the Swedish Maritime Administration.

Joint venture

Business operations performed by two or more companies jointly, with shared risk-taking.

LoLo vessel (Lift on – Lift off)

Vessel that is loaded/unloaded with its onboard or fixed dockside cranes.

Marpol

International Convention for Prevention of Maritime Pollution from Ships. IMO environmental convention.

NETSS

StoraEnso’s logistical system for Northern Europe, “North Europe Transport and Supply System”.

Offshore

General term for industrial activities in connection with the exploitation of oil resources at sea.

Paper carrier

A forest-products carrier specially adapted for paper cargo.

PSV

Platform supply vessel.

Rates

Freight or transport charges/prices.

RoLo vessel (Roll on/off – Lift on/off)

Vessel with both cargo hatches and ramps and can therefore combine loading/unloading with trucks and/or cranes.

RoRo vessel (Roll on – Roll off)

Vessel on which cargo is driven on board via one or more ramps located on the vessel.

SECU

StoraEnso Cargo Unit.

Side-port vessel/side loader

Vessel that is loaded using trucks and/or rolling platforms through side ports, often in combination with lifts between various decks.

Ship Management

All the services required to operate a vessel, including the crew.

Solas

International Convention for Safety of Life at Sea. IMO safety convention.

Spot market

The sector of the chartering market in which a vessel is chartered for individual voyages as opposed to longterm charters.

SSPA

Svensk Skeppsprovningsanstalt (Swedish shipbuilding testing institute).

Supply vessel

Vessel that transports supplies to oilrigs and platforms in the North Sea.

TAP agreement

Agreement covering employment on a Swedish-registered vessel of temporarily employed personnel. Employment on this basis is not based on a Swedish labor agreement.

Time charter (T/C)

Leasing a vessel to a charter party for a fixed period of time. The ship owner pays all the operating costs except bunkers and port dues.