EXMAR report 2025

6. Glossary 254 AER Annual Efficiency Ratio AGM Annual General Meeting AMA Antwerp Maritime Academy ASBL Association Sans But Lucratif BCCA Belgian Code of Companies and Associations BCMA Billion Cubic Meters per Annum BIMCO Baltic and International Maritime Council BOD Board of Directors BTX Mixtures of benzene, toluene, and the three xylene isomers BWMP Ballast Water Management Plan CAPEX Capital Expenditure CBA Collective Bargaining Agreement cbm Cubic meters (m³) CCS Carbon capture and storage CCU Carbon Capture and Utilisation CCUS Carbon Capture, Utilisation and Storage CDI Chemical Distribution Institute CEO Chief Executive Officer CFO Chief Financial Officer CII Carbon Intensity Indicator CMB Compagnie Maritime Belge CO 2 Carbon dioxide COO Chief Operating Officer COSO Committee of Sponsoring Organizations CP Charter Party CSRD Corporate Sustainability Reporting Directive DCR Document Change Request DCS IMO Fuel Oil Data Collection System DOC Document of Compliance DPA Designated Person Ashore DVO DV Offshore EBIT Earnings Before Interest and Taxes EBITDA Earnings Before Interest, Taxes, Depreciation, and Amortization Adjusted EBITDA: EBITDA adjusted for certain non-recurring transactions for which management believes that excluding these provides better insights in the actual performance of the Group. ECA Emission Control Area ECSA European Community Ship-Owners Association EEDI Energy Efficiency Design Index EEXI Energy Efficiency Existing Ship Index EGM Expert Group Meeting EOC Exmar Offshore Company EPC Engineering, Procurement and Conversion EPD Environmental Product Declaration ERP Enterprise Resource Planning GLOSSARY