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Glossary

Term	Definition
LYCN	Laycan (Layday Cancelling Date) Hits: 444
M/V	Motor Vessel Merchant Vessel Hits: 500
MANIFEST	Inventory of cargo on board Hits: 515
MB	Merchant Broker Hits: 495
MDO (DO)	Marine Diesel Oil Hits: 681
MIDSHIP	Approximately in the location equally distant from the bow and stern Hits: 477
MIN/MAX	Minimum/Maximum (cargo quantity) Hits: 544
MOA	Memorandum of Agreement Hits: 563
MOLCHOPT	More or Less Charterers Option Hits: 2453
MOLOO	More or Less Owners Option Hits: 901
MOORING	An arrangement for securing a ship to a mooring buoy or pier Hits: 410
MT	Mertic Tonne (i.e. 1,000 kilos) Hits: 850
NAABSA	Not Always Afloat But Safely Aground Hits: 638
NAVIGATION	The art and science of conducting a ship safely from one point to another Hits: 815
NCB	National Cargo Bureau Hits: 537

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.