Complete Glossary of
Marine Terms & Abbreviations
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Kedge
a light anchor, or second anchor
Kicking strap
tackle to hold down the boom on a sailing vessel, and reduce twist in the sail
King spoke
the spoke of the steering wheel that is upright when the rudder is centred
Kingpost
A vertical mast that supports a derrick.
Knock For Knock
The principle of single liability applied between insurers. Where two vessels are in collision the principle could be applied, although in marine insurance practice this is seldom so.
The expression is more common to motor insurance where under this principle, each insurer bears the cost of repairing the property which he insures, to the extent that it is covered by the insurance, without seeking to recover the cost from the insurer of the other property involved in the accident.
Knocked Down Condition
Goods (eg vehicles) dismantled for transit. Similar to CKD - Completely Knocked Down.
Knot
a nautical mile, 6080 ft. one nautical mile per hour
K&R
Kidnap and ransom (insurance)
K.K.
Knock-for-knock