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The
following are some of the terms and definitions, which
may prove helpful in the daily dealings with oil tankers.
This list is compiled from various industry sources. While
extensive, it should not be considered a complete list
of all vessel and charter party related terms and definitions.
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Ensign - The flag
carried by a ship as insignia of her nationality.
"ETA"
- Estimated Time of Arrival.
Even Keel
- The existing conditions of a vessel whose fore and
aft drafts are equal.
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