| Term | Definition |
|---|---|
| P&I |
Protection and Indemnity Insurance |
| P.P. |
PerPendicular |
| P/E |
Purchase Enquiry |
| PASTUS |
Past Us |
| PAX |
Passenger Vessel |
| PC |
Period of Charter |
| PCGO |
Part Cargo |
| PCT |
Percent |
| PDPR |
Per Day Pro Rata |
| PER SE |
By Itself |
| PERDIEM |
By the Day |
| PGH |
Per Geard Hatch |
| PHPD |
Per Hatch Per Day |
| PLIMSOLL LINE |
An internationally recognised line painted on the side of merchant ships. When a ship is loaded, the water level is not supposed to go above the line. Water can reach different parts of the line as its temperature and saltiness varies with the season and location. From where Plimsoll Shipping derived its name |
| PLIMSOLL MARK |
See PLIMSOLL LINE |
|