Reference
Tanker Chartering Glossary
Essential terminology for oil and chemical tanker operations, based on BIMCO standards and Baltic Exchange conventions. Includes West Africa-specific terms.
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Quick Reference — Nigerian Trades
Common Nigerian Load Ports
- —Bonny Terminal (crude)
- —Forcados Terminal (crude)
- —Qua Iboe Terminal (crude)
- —Lagos Apapa (products)
- —Port Harcourt (products)
- —Warri (products)
Typical Laytime — Tankers
- —Crude: 36–48 hours SHINC
- —Products: 24–36 hours SHINC
- —NOR: WIBON WIPON WWR
Standard Vetting Requirements
- —P&I Club entry (International Group)
- —SIRE inspection within 6 months
- —Nigerian cabotage licence (coastal trades)
- —GON security coordination
Professional Chartering
Apply This Knowledge
This glossary is provided for educational purposes. For specific charter party advice, always consult a professional broker.