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LUF
Lifting unit frame
Ltr.
Lighter
LTGE
Lighterage
LTFV
Less Than Fair Value
LTD
Limited (Liability)
Lt.
v.
LPG
Liquefied petroleum gas
longitude
Distance east or west of the Greenwich meridian.
loa
Length overall
LNG
Liquefied natural gas
Lkge & Bkge
Leakage and breakage
Lkg. & bkg.
Leakage and breakage
line
A company that operates a ship on a regular basis between advertised ports and offers space for goods in return for freight based on a tariff of rates.
lift
on lift
lift
Weight of an individual piece of cargo lifted or carried.
Liab.
Liability
Letter Of Credit
An instrument of audit issued by the buyer's bank, at the buyer's request, in which the issuing bank promises to pay the seller upon presentation of documents stipulated in the terms and conditions of the audit
length overall
Maximum length between the farthest ends of a ship.
Leg. Chgs.
Legal charges
LDT
Light displacement tons
lds.
Loads
Ldg. & Dly.
Landing and delivery
ldg.
Loading
LCL
Less than full container load
LCB
Local Competitive Bidding
latitude
Distance north or south of the equator.
LASH
Lighter aboard ship
L/U
Leading Underwriter
l/u
Laid up, Letter of undertaking
L/C
Letter of Credit
L/A
Letter of authority. Landing account. Lloyd's agent
L.W.
Low water
L.U.A.
Lloyd's Underwriters' Association
L.T.A.
Long term agreement
L.S.T.
Local standard time
L.S. Cls.
Livestock clauses
l.s.
Lump sum
L.R.
Lloyd's Register of Shipping
L.P.G.
Liquified petroleum gas carrier
L.N.G.
Liquified natural gas carrier
L.I.P.
Life Insurance Policy
L.d.l.
Loss during loading
L.d.d.
Loss during discharge
L.C.L.
Less than full container load
L.A.S.H.
Lighter aboard ship
l
liter