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Glossary

Term	Definition
LOAD LINE	See PLIMSOLL LINE Hits: 331
LOAD LINE	Hits: 297
LOF	Lloyds Open Form Hits: 322
LOG	A record of courses or operation. Also, a device to measure speed Hits: 287
LOI	Letter of Indemnity Hits: 312
LONGITUDE	The distance in degrees east or west of the meridian at Greenwich, England Hits: 280
LOW	Last Open Water Hits: 319
LS (or LUMPS)	Lumpsum Freight. Money paid to Shipper for a charter of a ship (or portion) up to stated limit irrespective of quantity of cargo Hits: 301
LSD	Lashed Secured Dunnaged Hits: 1768
LT	Liner Terms Hits: 295
LT	Long Ton = 1,016.05 kilogram (2,240 lbs) Hits: 302
LTHH	Liner Terms Hook/Hook Hits: 2425
LW	Low Water Hits: 284
LYCN	Laycan (Layday Cancelling Date) Hits: 400

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.