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33 Cards in this Set

  • Front
  • Back

holds title to vessel

Vessel owner

may be owner, in manysituations it is a different party contracted torun the day to day operations by the owner

Vessel operator

individual or corporation thatemploys the vessel to carry the cargo

Charterer

provides the cargo – terminal orvessel storage

Supplier

accepts the cargo – this could beanother vessel, storage tank or tanks, meteredpipeline receipt for cargo that passes through apipeline.

Receiver

shore-side facility – storing, receiving,and or supplying cargo

Terminal

third party employed bysupplier and receiver to measure and analyzecargo – cargo quantity and quality

Inspection Company

The charterer usually takes control of theproduct at what point?

terminal’scargo hose and vessel’s manifold flange

F.O.B. Free on-board point

normally the load port

cost to thebuyer includes the cost of the quantity of cargonoted on the bill of lading and the cost ofinsurance and freight payment.

CIF, Cost Insurance Freight

the cargoowner, who would then be considered thesupplier in this arrangement, agrees to becompensated by the receiver (buyer)based upon the volume of cargo that ismeasured in the receiver’s shore tanks.

Delivered

cargo mustbe paid for before vessel can deliver ordischarge the product ashore.

Before Break Bulk

Measurement devices

Otank gaugingtapes
Gauging bobs
Water indicating paste
Product indicatingpaste
Thermometers
Closed gaugingdevices
Temperature probes
Sample bottles
Sample bottlecontainer assembly

The concept that cargo mustbe paid for before vessel can deliver ordischarge the product ashore.

BBB, Before Break Bulk

the volume of water present in thecontainment that is not suspended in the liquid.

Free Water

the total measuredvolume of all petroleum liquids, sediment, water insuspension, excluding free water corrected by theappropriate volume correction factor for the observedtemperature and api gravity, relative density, or densityto a standard temperature such as 60 degrees F

Gross Standard Volume

the total volume of allpetroleum liquids, sediments, and water in suspension,corrected by the appropriate volume correction factor forthe observed temperature and API gravity, relativedensity, or density to a standard temperature such as 60degrees F and all the free water measured at theobserved temperature

Total Calculated Volume

the total volume of allpetroleum liquids, excluding sediment, water insuspension, and free water, corrected by the appropriatevolume correction factor for the observed temperatureand API gravity, relative density, or density to a standardtemperature such as 60 F

Net Standard Volume

the nonhydrocarbonsolid material and water in suspension in a petroleumliquid

Sediment and Water

the product or materialremaining in vessel’s tanks, void spaces, and/orpipelines prior to loading. This typically includes water,oil, slops, oil residue, oil/water emulsions, sludge, andsediment

Onboard quantity

describes the product ormaterial remaining in a vessel’s tanks, void spaces,and/or pipelines after discharge. This includes water, oil,slops, oil residue, oil/water emulsions, sludge, andsediment.

Remaining on board – (ROB)

ability to take multiple ullage or innagemeasurements over time and get the same value

Repeat-ability

specific depth in a tank

Spot samples

normally taken at manifold at initial start ofcargo ops

Line sample

weighted , stopper bottle lowered tobottom of tank.

All-level samples

taken during cargo load or dischargewithout stopping cargo lowered to bottom of tank

Running sample

all cargo tank samplesvolumetrically blended.

A composite sample

initial loading stopped – sensitivecargo to contamination – await lab results beforeresuming

One foot samples

American Petroleum Institute (API) set thestandard temperature at ____ whencalculating the standard volume of cargo in atank due the expansion and contraction of liquidcargoes.

60 degrees F

total weight of cargo plus crew, stores,water, fuel, and ballast tanker industry uses dwt as arough estimate for cargo capacity of vessel.

Deadweight

the weight of water displaced by a shipfloating in a given condition; a measure of ship's size.

Displacement

displacement or weight in tons when a shipis empty of cargo.

Light Ship

number of tonsrequired to change the draft of the vessel by one inch ata given draft – found on dwt scale or hydrostatic tables.

Tons per inch immersion (TPI)