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Glossary of Terms
S
  Sister ships

Ships of the same class and specifications typically built at the same shipyard.

 
  SWIFT

Society for Worldwide Interbank Financial Transactions

 
  Substantial Suppliers

If a country supplies approximately 10 percent of the trade in a given item imported to a second country, the first country is said to have a substantial supplier status.

 
  Subsidy

There are two general types of subsidies: export and domestic. An export subsidy is a benefit conferred on a firm by the government that is contingent or exports. A domestic subsidy is a benefit not linked to exports, conferred by the government upon a specific industry or enterprise or group of industries or enterprises.

 
  Strd.

Standard

 


The information provided in the Glossary is only to facilitate the usage of the website for the user as well as to provide insight in some key maritime terms. NSCSA bare no warranty or liability for this information


 
Links

  Saudi Customs: Saudi Customs  http://www.customs.gov.sa
  The Saudi ports Authority: The Saudi ports Authority  http://www.ports.gov.sa/default.cfm
  Mideast Ship Management Ltd: Mideast Ship Management Ltd  http://www.msml.com/
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