Maritime Abbreviation

FPSOAbbr

Floating Production, Storage and Offloading vessel — an offshore facility that produces, stores, and exports oil or gas.

Related maritime terms

FIOAbbr— Free In and Out — freight condition under which the charterer pays all loading and dischar… Flag State— The country in which a vessel is registered and whose laws govern its operation. FOBAbbr— Free on Board — an Incoterms term in which the seller's obligation ends once goods pass ov… Force majeure— A contractual clause excusing non-performance caused by extraordinary events outside eithe… Freeboard— The vertical distance from the waterline to the upper deck edge at the vessel's side amids… Freighter— A general term for a commercial cargo-carrying vessel. GAAbbr— General Average — a maritime law principle under which all parties in a common venture sha… Galley— The food preparation and cooking area aboard a vessel.

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