Technical Terms

I Company No.: 700849-K
Definition of Technical Terms ABS AHT AHTS ATM BHP boe bpd BV Charter Hire Revenue Deadweight Tonnage or
DSV E&P FPSO FSO Gross Registered
Tonnage or GRT
IMO ISM Code 2002 ISPS Code LNG MASB Net Tonnage or NT
American Bureau Shipping, a ship classification society Anchor Handling Tug Anchor Handling Tug Supply Vessel Automated Teller Machine Brake Horsepower Barrels of oil equivalent Barrels per day
Bureau Veritas, a ship classification society
Revenue derived by our Group through the chaner of vessels by our cLients
Deadweight Tonnage refers to a measurc of carrying capacity of a ship, tug or barge which is the difference between the light and loaded displacements of a vessel. The Deadweight Tonnage comprises the cargo, stores, ballast, fresh water, fuel oil, passengers, crew and their effects. The Deadweight Tonnage is not a measurement undenaken by the classification society. The Deadweight Tonnage presented is for informational purposes only and is based on our Management’s

computation and estimates
Det Norske Veritas, a ship classification society Diving Suppon Vessel Exploration and Production Floating production storage off-loading Floating storage off-loading Gross Registered Tonnage refers to a measure of the internal capacity of a vessel.
It is a cubic or space measurement of all areas of a vessel with some allowances or
deductions for exempt spaces such as living quarters. Tormage is based on the measurement stated in classifications’ certification The Gross Registered the respective vessels
International Maritime Organisation
International Safety Management Code 2002
International Ship and Port Security Code
Liquefied natural gas
Malaysian Accounting Standards Board

Net Tonnage refers to a measure of the internal capacity of a vessel’s cargo space volume only. The Net Tonnage is based on the measurement stated in the

respective vessels classifications’ certification
Nippon Kaiji Kyokai, a ship classification society
I Company No.: 700849-K
P&I Club
Petroleum Development
Actor PDA PSV ROV SCM SOLAS Convention SPV SRV SSV SV tscf Underwater Services

UV Organisation of Petroleum Exporting Countries
Protection & Indemnity Club
Petroleum Development Act, 1974
Platform Supply Vessel Remotely-Operated Vehicle Ship Classification (Malaysia) Sdn Bhd (290129-X) International Convention for the Safety of Life at Sea Supply Vessel Standby Rescue Vessel Straight Supply Vessel Survey Vessel Trillion standard cubic feet Revenue derived by our Group through the provision of underwater services
Utility Vessel

Words denoting the singular only shall include the plural and vice versa and words denoting the masculine gender shall, where applicable, include the feminine gender and vice versa. Reference to persons shall include
companies and corporations.



Comments are closed