CPD
1) (1) Continuing professional development. The process whereby qualified people keep abreast of new thinking and new developments in their chosen professional field. Involves the keeping of an ongoing record by individuals of their education, training and work experience plus further training needs, etc, usually expressed as ‘CPD days’ and counting towards the award of professional status (eg gradings within the Institute of Logistics and Transport - ILT). (2) Charterer pays dues. Term used in ship chartering to define who pays ships dues.