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Glossary

Term	Definition
LYCN	Laycan (Layday Cancelling Date) Hits: 400
M/V	Motor Vessel Merchant Vessel Hits: 464
MANIFEST	Inventory of cargo on board Hits: 467
MB	Merchant Broker Hits: 451
MDO (DO)	Marine Diesel Oil Hits: 607
MIDSHIP	Approximately in the location equally distant from the bow and stern Hits: 439
MIN/MAX	Minimum/Maximum (cargo quantity) Hits: 490
MOA	Memorandum of Agreement Hits: 510
MOLCHOPT	More or Less Charterers Option Hits: 2348
MOLOO	More or Less Owners Option Hits: 808
MOORING	An arrangement for securing a ship to a mooring buoy or pier Hits: 378
MT	Mertic Tonne (i.e. 1,000 kilos) Hits: 791
NAABSA	Not Always Afloat But Safely Aground Hits: 583
NAVIGATION	The art and science of conducting a ship safely from one point to another Hits: 761
NCB	National Cargo Bureau Hits: 493

IFA offers services that cover efficiently any need for transport by sea or by land, from machinery to complete 'hi-tech, from food to chemicals.

IFA has been operating since 1982 in the field of international shipping has always been pursuing a business strategy that focuses on the development of the service the client's business.