Fully cellular container vessel. This is a vessel designed to carry a full load of containers in fixed cell guides.
Feeders - Grain. When grain was carried in bulk, feeders were erected to feed the different parts of the holds or compartments, thereby filling any free space which might result from settling of cargo during the voyage. Grain in bulk may settle as much as 5 per cent during a voyage; therefore, measures had to be taken to prevent the shifting of grain because of the settling and the void spaces created.
FEU. Forty foot equivalent unit. This is a unit used to measure the space available for containers. One standard size relates to the external length of the box being forty feet or 12.2m. The carriers in the United States emphasise the FEU whereas in other parts of the world the TEU, “twenty foot equivalent unit” is more accepted.
First Open Water (FOW). This expression in a fixture report or in a charterparty refers to the date when a port is free from ice conditions sufficiently to allow ships to enter, load /discharge and leave. For example, a ship can be fixed to “ . . . load at First Open Water St Lawrence Seaway . . . ".
First Class Charterer. When the charterer does not want his identity known too early, he may instruct his shipbroker ("Charterer's agent") to keep his identity hidden, perhaps until serious shipowners have come up with FIRM OFFERS. The shipbroker will indicate that the charterer is directly known to him and he vouches for the charterer. The shipowner should, however, press for some information as to the identity of the charterer so that he can, perhaps, request BIMCO to check in its "Reference Register" if the nominated "Charterer" is recorded as generally being in default of payments.