OBQ
OBQ
Shipping terms glossary
Definition of OBQ
On Board Quantity - refers to cargo, bunkers or fresh water on board the ship prior to commencement of a charter, a voyage or loading operation. Also cargo tank quantities of any material aboard a ship after deballasting, immediately prior to loading. Can include oil, oil/water emulsion, water, non-liquid hydrocarbons and slops. (NET OBQ:OBQ less free water in cargo, slop tanks and lines, and water in suspension in slop tanks)
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