1) Fee charged for conveying cargo by lighters or barges.2) Area where vessels normally lighter. … [Read more...]
Life line
A line secured along the deck to lay hold of in heavy weather; a line thrown on board a wreck by life-saving crew; a knotted line secured to the span between life-boat davits for the use of the crew when hoisting and lowering … [Read more...]
Lifeboat station
Place assigned to crew and passengers to muster before being ordered into the lifeboats … [Read more...]
Letter of Protest (LOP)
A letter issued by any participant in a custody transfer citing any condition with which issue is taken. This serves as a written record that the particular action or finding was questioned at the time of occurrence. … [Read more...]
Let go
To set free, let loose, or cast off (of anchors, lines, etc.) … [Read more...]
Length Overall
The extreme length of the vessel measured from the foremost part to the aftermost part of the hull. … [Read more...]
Length Between Perpendiculars (LBP)
The length of the vessel measured between the forward part of the stem to the after part of the rudder post. … [Read more...]
Leeway
The movement of a search object through water caused by winds blowing against exposed surfaces.Vessel’s sideways drift leeward of the desired course … [Read more...]
Leeward
The direction away from the wind. On or towards the sheltered side of a ship; opposite of windward. … [Read more...]
Laytime
The allowable time specified in the charter party for vessel’s loading or discharging of cargo."Laytime" is the amount of time agreed in a voyage charter between the shipowner and the Charterer during which the vessel will be made and kept available for loading or discharging the cargo. This period must commence (and end) at a specified instant. When it commences it can be considered that a "clock" has commenced, working backwards, as it were, and counting down the "stock" of time, which the Charterer has. The "laytime clock'' cannot begin until certain requirements are met and some event … [Read more...]