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   F
F (Foxtrot)
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FACS Federation of American Controlled Shipping - organization for US companies with ships under FOC, mainly the Liberian.
FAO UN's Food and Agriculture Organization (Rome)
FASA Federation of Asian Ship-owners' Associations
Feeder Vessel A short-sea vessel used to fetch and carry goods and containers to and from deep sea vessels.
FENSO Federation of Norwegian Ships Officers organizations (NMB in Norwegian)
FEU Forty-foot Equivalent Unit (same as two TEU).
FIATA Federation International des Associations de Transifaires et Assimiles (Zurich) - International association of forwarding agents.
FIO Free in and Out - charterer pays for loading/discharging.
Fish - object
A fragment of a drill bit, broken drill pipe, or other object lodged at the bottom of the drilling hole, preventing continued drilling.
Fishing The work of removing a Fish.
Fixture Successful conclusion of negotiations between shipowner and charterer, normally with the aid of a shipbroker.
Flag discrimination National legislation reserving cargo for own ships.
Flag of convenience (FOC) Term used by labor organizations about countries allowing unlimited registration of foreign-owned ships in order to achieve low wage levels and low or no taxation payable to the flag state. Some FOC- flag states had previously very lax control routines, or no control at all, concerning the vessels' technical standard and their seaworthiness.
Flaring The burning of non-commercial oil and gas on the production platform or vessel.
Flexible Joint - or Ball-joint The bottom part of the Marine Riser construction, utilized during drilling from floating rig or vessel. Allows a certain angle deviation when the vessel or rig is positioned.
Flo-flo-ship Special ship which may be submerged to allow cargo to be floated on or off, i.e. jack-up platforms which may be carried "piggy-back"-fashion on a flo-flo-ship.
Flush Phase
The initial production phase.
FMC Federal Maritime Commission - American independent control authority regulating liner services to the USA.
FOB Free on Board - seller is responsible for delivering cargo to the port, paying also for the loading.
FOC Flag of Convenience
FONASABA Federation of National Associations of Shipbrokers and Agents
Force Majeure A clause limiting responsibility for charterer, shipper or receiver of cargo.
FPSO
Floating Production, Storage and Offloading Unit
FR Finland's Rederifrening - the Finnish Ship-owners' Association.
FRB
Fast Rescue Boat
Free pratique Ship inspected and cleared by the health authorities of a country.
FSO
Floating storage and offloading unit
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