Note: We accept no liability for the accuracy of this information.
A/C (Acct.)
Account.
A/D
After Date.
A.T.
American Terms.
AADA
Asia Australia Discussion Agreement.
AAR
Against all risks (marine).
ABC
'World Airways Guide' and 'Air Cargo Guide' Routes and itineraries of all airlines.
Accreditation
Certification by duly recognized body of the facilities, capability, objectivity, competence, and integrity of an agency, service, or operational group or individual to provide the specific service or operation needed. For example, the Registrar Accreditation Board accredits those organizations that register companies to the ISO 9000 series standards.
Act of god
Similar to force majeure, but applies to natural. Occurrences as disaster only.
Ad valorem (A/V)
In proportion to the value or According to value.
Against
Synonym of Upon.
Agent
A person authorized to transact business for, and in the name of another person or company.
AMETA
Sharing of profit and loss at equal percentage.
AMS
Automated Manifest System. An application that expedites the clearance of cargo for the subsequent release of containers when imported to the U.S. through electronic submission of cargo manifests in lieu of bulk paper manifests.
ANERA
Asia North America eastbound rate agreement.
ANF
Arrival Notification Form. An advice to the consignee about the arrival of the his goods.
AP
Accounts payable.
Apparent good order
Statement denoting that goods are free form damage and in good condition, as far as their external appearance is concerned.
Appraiser's stores
Statement denoting that goods are free from damage and in good condition, as far as the external appearance is concerned.
AR
Accounts receivable.
Arrival notice
An advice that the carrier sends to the consignee advising of goods coming forward for delivery. Pertinent information such as BL number, container number and total charges due from consignee etc, are included and sent to consignee prior to vessel arrival. This is done gratuitously by the carrier to ensure smooth delivery but there is no obligation by the carrier to do so. The responsibility to monitor the transit and present himself to take timely delivery still rests with the consignee.
Assailing thieves
Taking property by force (exclude sneak, theft or pilferage).
Assignment
Legal transfer of title, property, or right.
ATA carnet
An ATA carnet makes the customs clearance of certain temporary importation and exportation easier.
ATAF
'Association des Transporteurs Aeriens de la Zone Franche' (Association of airlines connecting France with her former overseas colonies). ATAF rates are below IATA rates.
Athens convention
International convention governing carrier's liability for passengers and their luggage.
Average
Approximating the statistical norm or average or expected value.
Average clause
Clause in a marine policy which sets out the cover provided in the event of partial loss.
Average irregular Percentage
Indicates that partial losses will be paid regardless of any franchise or percentage.
AWB
Air Waybill issued by an airline or a freight forwarder on behalf of an airline.
Awkward cargo
Cargo of irregular size that can either be containerized (packed in container) or non-containerized (without equipment associated with) during transportation. It requires prior approval on a case by case basis before confirmation of booking.
AWRA
Asia Westbound Rate Agreement.
Axle load
Maximum load permitted to be carried on each axle of a motor vehicle.
BAF
Bunker Adjustment Factor. It's assessed by the carrier to freight rates to reflect current cost of bunker.
Ballast
Heavy material placed in the ship's hold for stability.
Barge
Lighter. Please refer to Feeder.
Belly
Literally belly/stomach of aircraft where main cargo holds are.
Berth
Ship's place at dock.
Berth rates
Rates charged by scheduled liner services.
Bill of lading (B/L)
Official legal document representing ownership of cargo, a negotiable document to receive cargo, and the contract for cargo between the shipper and the carrier.
Bill of lading ton
The greater weight or measurement of goods where 1 ton is either 1000 kilos or 1cubic meter. It's known as freight ton too.
BIMCO
Baltic and International Maritime Council. A Copenhagen based organization to which many ship-owners and brokers belong and that represents their interest and assists by preparing standard charter parties and other shipping documents and provides other advisory services.
Blank endorsement
Writing only one's own name on the back of a document as an instrument of transfer of the rights resulting from that document.
Block train
Railcars grouped in a train by destination so that segments (blocks) can be uncoupled and routed to different destinations as the train moves through various junctions. Eliminates the need to break up a train and sort individual railcars at each junction.
Blocking or bracing
Wood or metal supports to keep shipments in place or on railcars.
Bls.
Bales. A kind of customary packing unit.
Blue book
Sets of regulations for the carriage of dangerous goods in ships, as required by the department of trade for dangerous goods aboard ships in British ports. It largely refers to the IMDG code.
Bobtail
Movement of a tractor, without trailer, over the highway.
Bona fide
In good faith.
Bonded warehouse
Warehouse where goods are stored under customs control and supervision prior to payment of duties.
Booking number
A reference number for bookings registered. It should be unique without duplication for a three-year period.
Bow
The front of a vessel.
Box
Common term for an ocean going freight container.
Box time
A standard BIMCO time charter for container ships.
Boxcar
A closed freight car.
BPS
Business Process and Systems - section within ISD responsible for implementation of IRIS-2 and user support in system and business processes.
Break-bulk cargo
Goods shipped loose in the vessel's hold and not in a container.
British thermal unit (BTU)
The amount of heat required to produce a temperature change of one degree Fahrenheit in one pound of water.
Broker
Middleman between two contractual parties (buyer/seller, charter/owner).
Brokerage
Fee or commission paid to a broker for service performed.
Bulk
Mass of cargo, unpackaged.
Bulk carriers
dled or bottled cargo, and is loaded without marks & number or count. A vessel carrying dry, liquid, grain, not packaged, bun.
Bull rings
Cargo-securing devices mounted in the floor of containers; allow lashing and securing of cargo.
Bunkers
Heavy oil used as fuel for ocean vessels.
C/B
Container basis. One of a group of container freight stations.
C/o
Care of.
C&D
Collect and delivery. Carriage from/to customer's premises to/from CFS.
C&F
Cost and Freight.
CABAF
Currency and Bunker adjustment factor, a combination of CAF and BAF.
CAF
Currency Adjustment Factor. It applied to freight rates to reflect the fluctuation of currency.
Cargo container
Equipment that holds goods, especially for transport or storage.
CKD
Completed Knocked Down. Parts & subassemblies manufactured abroad and transported to a designated assembly plant.
CBF (CFT)
Cubic feet.
CBM (M3)
Cubic meter.
Cargo manifest
A document that lists only cargo, without freight and charges.
Carrier
Any individual, company or corporation engaged in transporting goods.
Cells
The construction system employed in container vessels; permits below ship containers to be stowed in a vertical line with each container supporting the one above it.
Cellular vessel
A vessel designed with internal ribbing to permit the support of stacked containers.
Certificate of origin (C/O)
Document certifying the country of origin of goods which is normally issued or signed by a Chamber of Commerce or Embassy.
CFC's (Chlorofluorocarbons)
Chemical compounds containing mixtures of carbon, chlorine and fluorine molecules. Because of their stability, lack of flammability and ability to absorb and give up heat readily, CFC's have in the past been popular refrigerants. However, CFC's have been found to contribute to the deterioration of the ozone layer of the upper atmosphere, which is a condition believed to be hazardous to global health. These compounds should not be released into the atmosphere, but should be carefully collected for recycling. Production of CFC's is being phased out by an international convention, the Montreal Protocol.
CFR
Cost and Freight.
CFS
Container Freight Station.
CFS/CFS
A kind of cargo movement by container. Delivered loose cargo at place of origin with loading of container by carrier or freight forwarder and unloading of the container by carrier or freight forwarder at place of destination. Cargo picked up loose by cargo receiver at place of destination.
Charter
To engage a ship or aircraft for own use or that of a client for one voyage (voyage charter) or a specific period of time (time charter).
Chassis
A wheeled flat bed or a trailer constructed to accommodate containers moved over the road.
CHIEF
Customs Handling of Import and Export Freight. A customs computer system developed to replace DEPS.
CIF
Cost Insurance Freight.
CIF & C
Cost Insurance Freight and Commission.
CIF & E
Cost Insurance Freight and Exchange.
CIFC & I
Cost Insurance Freight Commission and Interest.
CIM
International Rail Cargo Convention.
CITR
International Convention for Road Transport Contracts.
Closing date
Last day on which export cargo can be accepted for a nominated sailing.
COC
Carrier Owned Container.
COD
Cash On Delivery or Change Of Destination.
CMI
Committee Maritime International. An International committee of maritime lawyers.
CMR
Convention relative aucontrat de transport international des Merchandise par Route. International Convention on the carriage of goods by road.
COGSA
Carriage Of Goods by Sea Act.
Combination containership
In addition to cell holds for the accommodation of containers, other distinctive means of handling cargo are present in the same hull : roll-on/roll-off, palletized cargo handling through side ports, or the capability for transporting bulk commodities in the lower holds.
Commodity rates
Special Freight rates for specific commodities rather than general cargo rates.
Conference
An organization of a group of shipping lines operating in a trade which fixes rates and sailings for the purpose of limiting competition between members and 'outsiders'.
Consortium
A group of combined transport operator which agrees to rationalize sailings in a particular trade and share space between each other.
COT
Customer's Own Transport.
Consignee
Receiver of goods.
Consignor
Shipper of goods.
Consolidated cargo
Cargo containing shipments of two or more shippers, usually shipped by a firm called a consolidator. The consolidator takes advantage of lower F.C.L. rates, and savings are passed on to shippers.
Consolidation
The combination of many small shipments into one container.
Consolidator
A person or firm performing a consolidation service for others.
Consortium
Group of carriers pooling resources in a trade lane to maximize their resources efficiently.
Constructive total loss
Situation existing when the cost of repairing to recover lost or damaged property plus the value of salvage would exceed the goods' value when repaired or recovered.
Container
Please refer to Cargo container.
Container depot
Container freight station or a designated area where empty containers can be picked up or dropped off.
Containership
For full containership, an ocean vessel fitted with vertical cells for van-container stowage. Additional Van-containers are carried on deck. In some cases these may be twice the length of those carried in the cells. The ship has no capability to carry cargo in any manner except in van-containers.
Container freight station (CFS, C.F.S.)
Consolidation depot where losses cargo are grouped and loaded into container.
Container gross weight
Please refer to Gross weight.
Container load plan (CLP)
A document prepared to show all details of cargo loaded in a container, e.g. weight (individual and total), measurement, markings, shippers, consignees, the origin & destination of goods, and location of cargo within the container.
Container number
The unique identification of a container.
Container seal number
The number of high security seals provided by carriers.
Container terminal
Also referred to as a Container Yard (CY). A facility that receives full export containers from one shipper to loading the vessel and delivers full import containers to the consignee after; it is the same location where ocean vessels are loaded & unloaded.
Container type
The purpose of a container of which the code is to be adhered to ISO standard.
Controlled atmosphere (CA)
An atmosphere in which oxygen, carbon dioxide and nitrogen concentrations are regulated, as well as temperature and humidity.
CRN
Customs Register Number.
CSC
Container Safety Convention.
CT
Combined Transport.
CTD
Combined Transport Document.
CTO
Combined Transport Operator.
CTSA
Canada Transport Stabilization Agreement.
Cu.
Cubic. A unit of volume measurement.
Cubic foot
1,728 cubic inches.
Custom house
A country Treasury Department office where duties, etc., on foreign shipments are handled.
Customs bonded warehouse
A public or privately owned warehouse where dutiable goods are stored pending payment of duty or removal under bond. The storage or delivery of goods are under the supervision of customs officers and if the warehouse is privately owned the keeper has to enter into a bond as indemnity in respect of the goods deposited, which may not be delivered without a release from the customs.
Cut-off time
Latest possible time the cargo may be delivered to the vessel or designated point.
Container Yard. Please refer to "Container Terminal".
CY/CFS
Cargo loaded in a full container by a shipper at origin for shipment to a nominated destination, and then unloaded by the carrier or freight forwarder for loose cargo pick up.
CY/CY
Cargo loaded by the shipper in a full container at origin for shipment to a nominated destination and then pick up intact by consignee.
D&H
Dangerous and Hazardous. Please refer to Dangerous Goods.
D.W.
Dead Weight. The number of tons a ship can transport of cargo, stores and bunker fuel. Please refer to Deadweight Tonnage.
Dangerous goods
The term used by I.M.C.O. for hazardous materials which are capable of posing a significant risk to health, safety or property while being transported.
DDC
Destination Delivery Charges. A charge assessed by the carrier for handling positioning of a full container.
Dead space
Space in a car, truck, vessel, etc., that is not utilized.
Dead weight tonnage (D/W)
The number of total weight tons that a vessel can transport of cargo, stores and bunker fuel. It is the difference between the number of tons of water a vessel displaces "light" and the number of tons it displaces when submerged to the "load line."
Dedicated unit train
An unit train operated by various railroads for exclusive usage.
Delivery order
Document authorizing someone delivery of goods which are in the custody of a third party .. Can be issued by a carrier at the time of delivery of a bill of landing and then used by the merchant to transfer title by endorsement.
Demurrage
A charge raised for detaining a carrier's container and/or trailers for a longer period than provided for in the tariff.
Destination
The place where the carrier actually turns over the cargo to consignee or his agent.
Detention
Charges raised for detaining container/trailer at customer's premises for longer period than provided in Tariff.
Detention charge
Please refer to "Detention".
Devanning
The removal of cargo from a container. Also known as un-stuffing, unloading or stripping.
DEPS
Departmental Entry Processing System. The current computerized customs entry processing system to be replaced by CHIEF.
Detention
A charge raised for detaining cargo, container or trailers for a longer period than provided for in the tariff.
DFG
Dynamic Flow Guidelines -- which is used to control the on-land stock level of each region taking into account of the traffic pattern and local vanning/devanning dwell time. The shortest the dwell time, the lowest the DFG and the more efficient the equipment utilization will be.
DGN
Dangerous Goods Note.
Differential rate
An amount added or deducted from base rate to make a rate to or from some other point or via another route.
Diversion
A change made in the route of a shipment in transit.
Divert
The route of a shipment changed in transit from that shown on the original bill of lading. Used interchangeably with reconsign.
Dock
The water alongside a pier or wharf or loading/unloading platform at an industrial location or carrier terminal.
Dock receipt
A form used to acknowledge receipt of cargo at a steamship pier. When delivery of a foreign shipment is completed, the dock receipt is surrendered to the vessel operator or the operator's agent and serves as basis for preparation of the ocean bill of lading.
Documentary credit
A credit document of international trade which payment is made against surrender of specified documents.
Door-to-Door
Through transportation of a container and its contents from consignor's premises to consignee's premises.
DOT
Department Of Trade.
Double-deck load
A second tier of cargo placed on top of the first tier.
DP
Document against Document.
Dray
A truck or other equipment designed to haul heavy loads.
Drayage
Charge made for local hauling by dray or truck.
Draw back
Repayment of a duty upon re-exportation of goods previously imported.
Dry cargo
Cargo that does not require temperature control.
Dry dock
An enclosed basin into which a ship is taken for underwater cleaning and repairing. It is fitted with watertight entrance gates which when closed permit the dock to be pumped dry.
Dry-bulk container
A container constructed to carry grain, powder and other free flowing solids in bulk.
DST
Double Stack Train. Rail or train capable of carrying two 40' containers, one on top of the other.
Dunnage
Lumber or other material used to brace material in carrier's equipment.
Dwell time
It is expressed in term of no. of day that a container changed from one status to another e.g. from under inbound load (UIL) to empty available (MTA) to under outbound load (UOL). The shorter the dwell time, the more efficient the container utilization will be.
E. & O.E.
Errors and omissions excepted.
ECE
Economic Commission for Europe.
ECU
European Currency Units. A financial unit used for EC accounting.
EDI
Electronic Data Interchange.
EDIFACT
EDI For Administration, Commerce and Transport.
EDP
Electronic Data Processing.
EEC
European Economic Community.
EFTA
European Free Trade Association.
EHA
Equipment Handover Agreement.
EMP
Europe Main Ports, i.e. Hamburg , Rotterdam , Antwerp .etc.
Endorse
Writing only one's own name on the back of a document. Please refer to Blank endorsement.
En route
Along the route of movement.
ESC
European National Shippers Councils.
ETA
Estimated time of arrival.
ETD
Estimated time of departure.
Export declaration
A government document permitting designated goods to be shipped out of the country.
FAA
Free of All Average.
Face value
Nominal value on coin, paper currency, or other negotiable instrument; may be lower or higher than the market value.
Factura
Invoice.
FAK
Freight All Kind. System whereby freight is charged per container, irrespective of the nature of the goods, and not according to a Tariff.
FAS
Free Alongside Ship.
FBL
FIATA combined transport bill of lading.
FCL
Full Container load.
FCL/FCL
Please refer to CY/CY.
FCL/LCL
Please refer to CY/CFS.
FCR
Forwarder's Certificate of Receipt or Forwarder's Cargo Receipt.
Feeder
Vessel employed in normally in short distance (mostly in sea route) to fetch or carry goods and containers to and from ocean vessel.
FEFC
Far Eastern Freight Conference.
FEU
Forty-foot Equivalent Unit (40').
FFI
For Further Instruction.
Final destination (FND)
End of carrier's liability where carrier delivers the cargo to consignee.
FIO
Free In and Out.
FIOS
Free In and Out Stowed.
FIW
Free In Wagon.
Flash point
A temperature that when certain inflammable cargo reaches will trigger spontaneous ignition. It is an IMCO standard information requirement for dangerous goods.
FMC
Federal Maritime Commission. US Government Agency responsible for regulatory aspects of all maritime activities.
FOB
Free On Board.
FOQ
Free On Quay.
FOR
Free On Rail.
FOT
Free On Truck.
FPA
Free of Particular Average.
FPAAC
Free of Particular Average (American conditions).
FPAEC
Free of Particular Average (English conditions).
Freight
The amount of money payable for the transportation of goods or merchandise from one place to another. Freight is also used to denote goods which are in the process of being transported from one place to another.
Freight ton
The weight or volume on which freight is charged.
Fresh air exchange (FAE)
The fresh air exchange system on a reefer removes harmful gases from reefers carrying sensitive perishable commodities. The fresh air vent is located on the reefer machinery end of the container. The fresh air vent is adjustable to accommodate a variety of cargo and chilled load operating conditions. The fresh air vent should be tightly closed when carrying frozen cargo.
Full cellular ship
A ship fitted for container carriage in all available space. The ship is fitted with vertical cells for container placement both below and above deck. No provisions are available for cargo other than containers.
Fumigation
Treatment with a pesticide active ingredient that is a gas under treatment conditions.
FWD
Freshwater damage.
G.R.I.
General Rate Increase.
GA
General Average.
GATT
General Agreement on Tariff and Trade.
GATT
General Agreement on Tariff and Trade. An international multilateral agreement embodying a code of practice for fair trading in international commerce.
General average
General average is an unwritten, non-statutory, international maritime law which is universally recognized and applied. It is founded on the principle that vessel and goods are parties to the same venture and share exposure to the same perils, which may require sacrifice or the incurring of extraordinary expense on the part of one for the benefit of the whole venture.
General average bond
Document required of cargo owners after a 'General Average' loss, obtaining their agreement to pay any contribution that may become due.
General average guarantee
Given by cargo underwriters, after a 'General Average' loss, agreeing to meet their Assured's liability for contribution.
General order warehouse
A bonded warehouse to which goods that are not claimed within five days after arrival are sent at the owner's expense.
Genset (generator set)
A portable power generator, which converts fuel into electrical power by mechanical means, and from which a reefer draws power. A clip-on generator set is mounted to the front of the refrigeration unit. An underslung generator set is mounted to the chassis upon which the reefer is mounted for handling and transport. The underslung generator set can be either side-mounted or center-mounted on the chassis.
Godown
Warehouse.
Gooseneck
The front rails of the chassis that raise above the plane of the chassis and engage in the tunnel of a container.
Grace days of
A certain number of days allowed by law for payment of due bills.
Gross tonnage
Applies to vessels, not to cargo. Determined by dividing by 100 the contents, in cubic feet, of the vessel's closed-in spaces. A vessel ton is 100 cubic feet.
Gross weight
Entire weight of goods, packaging and container, ready for shipment.
Groupage
Consolidated shipment.
GRR
General Rate Restoration.
H/L
Heavy Lift.
Hague rules
The 1924 International Convention on Carriage of Goods by Sea. These rules govern liability for loss or damage to goods carried by sea under a bill of lading.
Hague-Visby rules
The 1968 Revision of Hague Rules.
Hamburg rules
In March 1978 an international conference in Hamburg adopted a new set of rules (The Hamburg Rules), which radically alter the liability which ship-owners have to bear for loss or damage to goods in the courts of those nations where the rules apply.
Harmonized commodity description and Coding system
A multi-purpose international goods-classification for manufacturers. Transporters, exporters, importers, customs officials, statisticians, and others in classifying goods moving in international trade under a single commodity code. Developed under the auspices of the Customs Cooperations Council (CCC), an international customs organization in Brussels , this code is a hierarchically structured product nomenclature containing approximately 5,000 headings and subheadings describing the articles moving in international trade. It is organized into 99 chapters arranged in 22 sections. Sections encompass an industry [ (e.g., Section XI, Textiles and Textile Articles); chapters encompass the various materials and products of the industry (e.g.: Chapter 50, Silk; Chapter 55, Manmade Staple Fibres; Chapter 57, Carpets).] The basic code contains four-digit headings and six-digit subheadings. (The U.S. will add digits for tariff and statistical purposes. In the U.S. duty rates will be the 8-digit level; statistical suffixes will be at the 10-digit level. The Harmonized System (HS) is scheduled to supplant the current U.S. tariff schedule (TSUSA) in January 1988.)
Hatch
The opening in the deck of a vessel through which cargo is loaded.
Haulier
The participating carrier responsible for drayage.
HAWB
House Airway Bill issued by a freight forwarder.
Heavy lift
Articles too heavy to be lifted by a ship's tackle.
Heavy-lift charge
A charge made for lifting articles too heavy to be lifted by a ship's tackle.
High cube
Any container which exceeds 8 feet 6 inches (102 inches) in height, usually 9 feet 6 inches.
House B/L
Bill of lading issued by forwarder.
House-to-House (H/H)
Please refer to CY/CY.
House-to-Pier (H/P)
Please refer to CY/CFS.
Hull
The body of a vessel exclusive of masts, yards, sails, rigging, machinery and equipment.
Hull underwriter
The person with whom the ship's hull, machinery apparel, and tackle is insured.
I.C.C.
Institute Cargo Clauses.
I.M.C.O.
International Maritime Consultative Organization. A forum in which most major maritime nations participate and through which recommendations for the carriage of dangerous goods, bulk commodities and maritime regulations become internationally acceptable.
I.P.I.
Inland Points Intermodal. Inland carriage by another mode of transportation after discharge.
IATA
International Air Transport Association.
Incoterms
Standard trade terms used in international contracts.
IMDG code
International Maritime Dangerous Goods Code. The IMO recommendations for the carriage of dangerous goods by sea.
IMO
International Maritime Organisation.
Import
Shipment of goods from a foreign country.
Import license
A document required and issued by some national governments authorizing the importation of goods into their individual countries.
Import permit
Usually required for items that might affect the public health, morals, animal life, vegetation, etc. Examples include foodstuffs, feedstuffs, pharmaceuticals (human and veterinary), medical equipment, seeds, plants and various written material (including tapes, cassettes, movies, TV tapes or TV movies). In some countries an import permit is the same as an import license.
In-trans.
In transit, or in passage.
Inbound
Inward bound. Direction of vessel or cargo going to port of discharge or final destination.
Inchmare clause
Covers losses resulting from a latent defect in the vessel's hull or machinery, or from negligence by the master or crew. (Name after a legal case involving a ship called 'Inchmare').
Incoterms
Incoterms are a set of uniform rules codifying the interpretation of trade terms defining the rights and obligation of both buyer and seller in an international transaction, thereby enabling anotherwise complex basis for a sale contract to be accomplished in three letters. Incoterms are drafted by the International Chamber of Commerce (ICC).
Inherent vice
Properties of certain goods which lead to their arrival in damaged condition without accident or negligence.
Inland clearance depot
A container freight station with customs clearance facilities.
INS
Insurance.
Insulated container
A container insulated on the walls, roof, floor and doors, to reduce the effect of external temperatures on the cargo.
Insulated tank container
The frame of a container constructed to hold one or more thermally insulated tanks for liquids.
Interchange
Transfer of a container from one party to another.
Interchange points
A terminal at which freight in the course of transportation is delivered by one transportation line to another.
Intercoastal
Water service between two coasts; usually refers to water service between a point on the Atlantic and Pacific Coasts.
Intermodal
Used to denote movements of cargo or container between motor, rail or water carriers.
Intermodal transport
Moving ocean freight containers by various transportation modes. The fact that the containers are of the same size and have common handling characteristics permits them to be transferred from truck to railroad to air carrier to ocean carrier.
International Organization for Standardization (ISO)
ISO is a worldwide federation of national standards bodies from some 130 countries, one from each country. It is a non-governmental organization established in 1947 to promote the development of standardization facilitating international trade. ISO's work results in international agreements which are published as International Standards.
INV
Invoice.
IRA
Informal Rate Agreement.
ISM
International Safety Management.
Insurance rider
Additional clause, amending or supplementing the insurance policy.
ISO
International Standardization Organization.
ISPS
International Ship and Port Facility Security.
J/A
Joint account.
Jettison
Throwing cargo or ship's property overboard to save other property from common danger. Please refer to General Average.
Keel
The main center-line structural member, running fore and aft along the bottom of a ship, sometimes referred to as the backbone.
Knot
A unit of speed. The term "knot" means velocity in nautical miles per hour whether of a vessel or current. One nautical mile is roughly equivalent to 1.15 statute miles or 1.85 kilometers.
L/C
Letter of Credit.
L/G
Letter of Guarantee.
L/I
Please refer to Letter of Indemnity.
Lash
Lighter aboard ship.
LCL
Less than Container Load.
LCL/FCL
Please refer to CFS/CY.
LCL/LCL
Please refer to CFS/CFS.
Letter of indemnity
Guarantee from the shipper or consignee to indemnify carrier for costs and/or loss, if any, in order to obtain favorable action by carrier, e.g. sometimes, it is used to allow consignee to take delivery of goods without surrendering B/L which has been delayed or become lost (for straight consignment case).
Lien
A legal claim upon goods for the satisfaction of some debt or duty.
Lighter
Please refer to Barge.
Lighterage
Refers to the carriage of goods by lighter and the charge assessed therefore.
Line-haul
Transportation from one city to another as differentiated from local switching service.
Liner
Vessel plying a regular trade/defined route against a published sailing schedule.
Liner terms
Freight includes the cost of loading onto and discharging from the vessel.
LLMC
International convention on Limitation of Liability for Maritime Claims.
Lloyds' registry
An organization maintained for the surveying and classing of ships so that insurance underwriters and others may know the quality and condition of the vessels offered for insurance or employment.
Load factor
Percent of loaded containers against total capacity of vessel or allocation.
Locking bar
Device that secures container doors at top and bottom.
LO/LO
Lift-on/Lift-off. A container ship onto which containers are lifted by crane.
Long ton
2,240 pounds.
Longshoreman
Individual employed locally in a port to load and unload ships.
Loose
Without packing.
Low-bed
A trailer or semi-trailer with no sides and with the floor of the unit close to the ground.
M/m
Minimum.
M/R
Please refer to Mate's receipt.
M.V.
Motor vessel.
Manifest
A detailed summary of the total cargo of a vessel. Used principally for customs purposes.
Marine insurance
Broadly, insurance covering loss or damage of goods at sea. Marine insurance typically compensates the owner of merchandise for losses sustained from fire, shipwreck, piracy and various other causes but excludes losses that can be legally recovered.
Maritime
Business pertaining to commerce or navigation transacted upon the sea or in seaports in such matters as the court of admiralty has jurisdiction over.
Marks & nos.
Marks & Numbers placed on packages for export for identification purposes; generally a triangle, square, circle, diamond, or cross with letters and/or numbers and port discharge.
Master lease
Master lease is one form of a short-term lease, which refers to the leasing of the container from those leasing companies who have master lease agreement with OOCLL. At present, Triton, ICS, Xtra, Cronons and Genstar has such a contract with OOCLL.
Master lease leasing cost
Master lease leasing cost includes container rental, depot lieft on/lift off charge, on/off hire drayage, Drop off charge and Offhire repair cost. Due to off-hire quota limitation, the average on-hire period is around 73 days for 20' gp/40'gp and 102 days for 40'hq. On average basis, the leasing cost is US$500/20'gp, US$700/40'gp and US$800/40'hq.
Mate's receipt
A receipt signed by a chief officer of the vessel, evidencing receipt of cargo by the vessel. The individual in possession of the mate's receipt is entitled to the bill of lading, which in due course is issued in exchange for that receipt.
MAWB
Master Airway Bill issued by an airline or a freight forwarder on behalf of an airline.
Maximum payload
Maximum cargo that can be loaded into a container either by weight or volume.
Maximum rate
The highest freight rate permitted by a regulatory body to apply between points.
Measurement ton
1 cubic meter. One of the alternative bases of Freight Tariff.
MEDFEC
Mediterranean Far East Conference.
Microbridge
A landbridge movement in which cargo originating/destined to an inland point is railed or trucked to/from the water port for a shipment to/from a foreign country. The carrier is responsible for cargo and costs from origin to destination. Also known as I.P.I. and Through Service.
Mileage
Distance in miles.
Mini landbridge (MLB)
An intermodal system for transporting containers from/to a foreign country by water to/from a U.S. ocean port other than the arrival port by rail at through rates and documents.
Mini-bridge
Cargo moving from/to an inland destination on one bill of lading from/to a foreign port through two U.S. ports.
Minimum charge
The lowest charge that can be assessed to transport a shipment.
MMO
Multi Modal Operator.
MT
Metric Ton / Cubic meter or Empty container or Multimodal Transport.
N/B
Not otherwise specified.
N.O.S.
Not Otherwise Specified.
Negotiable B/L
Original bill of lading endorsed by shipper that is used for negotiating with banks.
Negotiating bank
A bank named in the credit; examines the documents and certifies to the issuing bank that the terms are complied with.
Net tonnage
A vessel's gross tonnage minus deductions of space occupied by accommodation for crew, by machinery, for navigation, by the engine room and fuel. A vessel's net tonnage expresses the space available for passengers and cargo.
Net weight
Weight of the goods alone without any immediate wrappings, e.g., the weight of the contents of a tin can without the weight of the can. Also called actual net weight.
Non-negotiable B/L
Copy of original bill of lading which cannot be negotiated with the bank.
NVOCC
Non Vessel Operating Common Carrier. A carrier issuing B/L for carriage of goods on vessel which he neither owns nor operates or a cargo consolidator generally soliciting small ocean shipments to perform containerization functions at the port.
Notify party
Party to be notified (informed) of goods'/vessel's arrival, usual with Bills of Lading issued 'to order' in blank.
NYPE
The New York Produce Exchange charterparty. It's mostly used form of hire contract for vessel.
O/H
Overheight. An equipment, i.e. container that is loaded with goods protruding above the top of the corner posts.
O/R
Owner's risk.
O/W
Overwidth. Dimension of the goods exceed the sides of the container in which they're loaded.
O.C.P. rate
Overland Common Point rates which are generally lower than local tariff rates, were established by the U.S. West Coast steamship companies in conjunction with railroads serving the western U.S. so that cargo originating or destined to the American Midwest and East would be competitive with all-water rates via the U.S. Atlantic and Gulf ports. O.C.P. rates are also applicable to eastern Canada.
Ocean bill of lading
Document issued by an ocean carrier as a receipt of the goods and undertaking of their delivery to the consignee Bill of Lading works as a document of title to the goods mentioned therein.
Ocean route
The all water transportation portion of a route.
On board
Cargo has been loaded on board a combined transport mode of conveyance. Used to satisfy the requirements of a letter of credit, in the absence of an express requirement to the contrary.
On board B/L
A B/L in which a carrier acknowledges that goods have been placed on board a certain vessel.
On deck
A special stowage instruction to confine that the cargo stowage must be on deck rather than under deck.
One-way lease
Lease that covers the outbound voyage only, after which the container is returned to the lease holder at or near destination.
OOG
Out Of Gauge. Dimension of the goods exceed the capacity of the container in which they're loaded.
Open top container
A container fitted with a solid removable roof or with a tarpaulin roof that can be loaded or unloaded from the top.
ORC
Origin Receiving Charge. A surcharge assessed by carrier for FCL export shipment ex Guangdong and Fujian provinces.
Outbound
Outward bound. Direction of vessel or cargo going out from port of loading or point/place of receipt.
Outsider
Non-conference carrier.
Over height cargo
Cargo stowed in an open-top container; projects above the uppermost level of the roof struts.
P/A
Particular average.
P/I club
Protection and Indemnity Association.
P.A.
Per annum.
Pallet
A platform (usually two-deck), with or without sides, on which a number of packages or pieces may be loaded to facilitate handling by a lift truck.
Per diem
A charge made by one transportation line against another for the use of its equipment. The charge is based on a fixed rate per day.
Perils of the sea
Hazards arising on navigable waters through natural forces such as heavy seas, high winds etc.
Perishable cargo
Cargo subject to decay or deterioration.
Pier
The structure to which a vessel is secured for the purpose of loading and unloading cargo.
Pier-to-House (P/H)
Please refer to CFS/CY.
Pier-to-Pier (P/P)
Please refer to CFS/CFS.
Piggyback
The point-to-point movement of one transportation vehicle upon another. A highway semi-trailer on a railroad flat car or trailer ferry, a van-container on board a ship, or new passenger automobiles on auto-rack cars are all forms of piggyback transportation.
Pilot
A person whose office or occupation is to steer ships, particularly along a coast or into and out of a harbor.
Place of acceptance (POA)
Please refer to Place of receipt.
Place of delivery (POD)
Please refer to Final destination.
Place of receipt (POR)
Point or Place of Receipt. Starting point of carrier's liability where cargo is received from shipper and under carrier's custody for transportation to final destination.
Port of loading (POL)
Port of Loading where loading to vessel takes place.
Port of arrival
Location where imported cargo is off loaded from the importing aircraft or vessel.
Port of call
Port where a steamer discharges or receives traffic.
Port of discharge
Port where cargo is unloaded from vessel.
Port of entry
Port where cargo actually enters a country.
Prepaid
One of the payment status where freight and charges are required to be paid by shipper before original bill of lading is released to them.
PSA
Port of Singapore Authority.
PSC
Port Service Charge.
PSS
Peak Season Surcharge.
Quarantine
The period during which a vessel is detained in isolation until free from any contagious disease among the passengers or crew. The word is now applied to the sanitary regulations which are the modern substitute for quarantine. During the quarantine period, the Q flag is hoisted.
Quarantine buoy
One of the yellow buoys at the entrance of a harbor indicating the place where vessel must anchor for the exercise of quarantine regulations.
Quarantine declaration
A document signed by the captain and the ship's doctor before the port health officer when a ship arrives at the quarantine station. It gives the name of the ship, tonnage, number of crew, first port of voyage and date of sailing, intermediate ports called at, number of passengers for the port at which the vessel is arriving, number of transit passengers, cases of infectious diseases during voyage, deaths, nature of cargo, name of agents. The port health officer then proceeds with the medical inspection of passengers and crew. Also called entry declaration.
Quarantine dues
A charge against all vessels entering a harbor to provide for the maintenance of medical control service. Also called quarantine fees.
Quarantine flag
A yellow flag used as a sanitary signal. It is displayed by all vessels entering a harbor; also when a contagious or infectious disease exists on board or when the vessel has been placed in quarantine.
Quarantine harbor
A place where vessels in quarantine are stationed when arriving from contaminated ports.
Quarantine signal
Signals flown by vessels required to show their state of health. By day "Q" of the international code signifies "Ship is healthy-free pratique requested". Flag "Q" over first substitutes signifies that the ship has had cases of infectious diseases or that there has been unusual mortality among rats on board. Flag "Q" over "L" signifies "Ship is infected". By night a vessel entering harbor exhibits a red light over a white light more than 6 feet apart which signifies that the ship is awaiting free pratique.
Quarantine station
A medical control center located in an isolated spot ashore where patients with contagious diseases from vessel in quarantine are taken. It is also used for passengers and crews of vessel arriving from suspected ports while fumigation or any other disinfection is carried out on board ship.
R/N
Release Note. Receipt signed by customer as acknowledgement of delivery of his goods.
R/O
Routing Order.
R/T
Revenue ton. The greater weight or measurement of goods where 1 ton is either 1000 kilos or 1 cubic meter (for metric system). Also known as bill of lading ton or freight ton. It is used to calculate freight charge.
Rail onboard B/L
This is unique practice in NAT having the similar function as onboard vessel B/L. In the event of multimodal B/L is prepared, shipper can request a clause on the B/L to satisfy their commercial transaction as LADEN ONBOARD RAIL MMDDYY. The date on the B/L is on which containers are loaded onboard rail flat car. However, the word RAIL is not necessary.
Receipt for shipment B/L
A term used in contradistinction to shipped bill of lading, which is the standard document. Some bankers object to such bill of lading on the ground that the security they offer is imperfect. This kind of bill of lading is normally issued to acknowledge receipt of shipment before cargo loading or before official original bill of lading is issued. Nowadays, not many shippers ask for this kind of bill of lading.
Reefer container
Refrigerated container which is insulated and specially designed to allow temperature controlled air circulation within the container.
Relative humidity
The ratio (%) of the actual amount of water vapor in the air to the maximum it can hold at a given temperature, multiplied by 100.
Relay
To transfer goods from one ship to another of the same ownership. More frequently used as transshipment (T/S).
Release note
Receipt signed by customer acknowledging delivery of goods.
Return air
Air warmed by the container cargo delivered to the evaporator. The temperature of return air often controls the operation of the refrigeration unit.
RO/RO
Roll-on/Roll-off. A feature designed in a specially constructed vessel in both the loading and discharging ports.
Route
The ports of rotation of the vessel.
S.S.
Steamship.
Salvage
The property which has been recovered from a wrecked vessel, or the recovery of the ship herself.
Salvage clause
A marine insurance policy clause which states the proportion of salvage charges for which underwriters are liable.
Salvage lien
A maritime lien which exists when a ship or goods comes into the possession of one who preserves them from peril at sea. All salvage services carry with them a maritime lien on the things saved.
Salvage loss
A loss which it is presumed would, but for certain services rendered, have become a total loss. The charges incurred are "salvage charges". The property saved is the "salvage". When referring to goods a salvage loss is one resulting from shipwreck or from a situation where, by the peril of the sea, the vessel is prevented from proceeding on her voyage and the cargo, or the part that is saved is obliged to be sold at a place short of the port of destination. The term is used in marine insurance when at a point short of destination, it can be shown that it would cost more to forward damaged goods to their destination than the goods would realize on the spot. The underwriters usually pay the difference between the total insured value and the net proceeds of the goods, such a settlement being known as a "salvage loss".
Salvage value
The value on which salvage is awarded. It generally means the value of ship and cargo when they have been brought to a place of safety by the salvors.
Seal of container
Metal strip and lead fastener used for locking laden container, freight car or truck doors. Seals are numbered for record & security purposes.
Seal record
A record of the number, condition and marks of identification on seals made at various times and places, referring to the movement of the container between origin and destination.
Self-assessment (of training needs)
The process of asking people what training they need. This approach is particularly valuable in the early stages on a new job, when people are not expected to have full knowledge and skills as yet.
Service contract
As provided in the Shipping Act of 1984, a contract between a shipper (or a shippers' association) and an ocean common carrier (or conference) in which the shipper makes a commitment to provide a certain quantity of cargo or freight revenue over a fixed time period, and the ocean common carrier or conference commits to a certain rate or rate schedule as well as a defined service level (such as assured space, transit time, port rotation or similar service features). The contract may also specify provisions in the event of nonperformance on the part of either party.
Ship chandler
An individual or company selling equipment and supplies for ships.
Ship owner
One of the persons who is vested the title of property of a ship or ships.
Shipped bill of lading
Bill of Lading evidencing that goods covered have actually been loaded on board the named vessel. Also refer to Onboard bill of lading.
Shipped on board
Endorsement on a bill of lading confirming loading of goods on vessel.
Shipper
The person for whom the owners of a ship agree to carry goods to a specified destination and at a specified freight rate. Also called consignor. The conditions under which the transportation is effected are stipulated in the bill of lading.
Shipper's export declaration
A custom house form filled by the shipper of goods to other countries. Also called shipper's manifest. It mentions the marks, numbers, quantity, description and value of the goods at time and place of export. There is a different definition in USA as "The shipper's export declaration (SEDs) forms 7525-V and 7525-V-Alternate (Intermodal) and the shipper's export declaration for In-Transit Goods, Form 7513, are JOINT-BUREAU OF THE CENSUS- INTERNATIONAL TRADE ADMINISTRATION DOCUMENTS used for compiling the official U.S. export statistics and administering the requirements of the Export Administrative Act.
Shipper's load & count
Container loaded and sealed by shippers and not checked or verified by the carriers.
Shipping order (S/O)
Usually for the same set of Shipping Orders, there are a number of copies with the same form and contents but with different names such as the 1st copy is called Shipping Order and remainders are called Shipping Order Copy or Dock Receipt for different purposes such as space control, surveyor and sworn measurer, documentation. As EDI is more popular nowadays and used by both the shipper and Customs, hardcopy Shipping Order is no longer widely used.
Shipping permit
Issued by a shipping or carrier company; authorizes the receiving clerk at pier, dock, warehouse, airport or onboard to receive a stipulated amount of goods or materials from a specified firm.
Shipside delivery
A special cargo handling instruction for cargo to be delivered right away at shipside after discharge.
Short term lease
Short term lease refers to Master lease (with or without free-day), direct interchange and sublease from TGA/VSAO/Canmar partner as well as Free-use from any other logistic companies.
Shut-out
Goods not carried on intended vessel.
Slot
Space on board a vessel occupied by a container.
SOC
Shipper Owned Container.
SOB
Shipped On Board.
SOLAS
Safety Of Life At Sea.
Split charter
The space aboard in a chartered aircraft is chartered partially and by more than one charterer.
Stability
The force that holds a vessel upright or returns it to upright if keeled over. Weights on the lower hold increase stability. A vessel is stiff if it has high stability, tender if it has low stability.
Stack car
An articulated five-platform railcar that allows containers to be double stacked. A stack car holds ten 40-foot equivalent units.
Stack train
Please refer to 'DST (Double Stack Train)'.
Standard International Trade Classification (SITC)
A standard numerical code used by the United Nations to classify commodities used in international trade.
Starboard
The right side of a ship when facing the bow.
STC
Said to Contain. A standard clause used to protect carrier for cargo stuffed by shipper or its agents.
Stern
The end of a vessel. Opposite of bow.
Stevedore
Terminal operator who is designated to facilitate the operation of loading and discharging vessels and various terminal activities.
Store-Door delivery (STOR/DOR)
Delivery of goods to consignee's place of business or warehouse by motor vehicle. Refers to a complete package of delivery services performed by a carrier from origin to final consumption point, whether that be a retail, wholesale or other final distribution facility. Abbreviated in CCMS as SDD.
Store-Door pickup
Picking up an empty container from a carrier, delivering it to a merchant and returning the laden container; the portion of store-door pick up performed by the carrier's trucker.
Stowage
A marine term referring to loading freight into the ships' holds.
Straight bill of lading
A term for a non negotiable bill of lading.
Stripping
Unloading of a container.
Stuffing
Loading of a container.
Sue and labor
Charges incurred by an assured in averting or diminishing a loss. They are recoverable in addition to the full sum insured.
Supply air
Cooled or warmed air leaving the evaporator delivered to the interior of the container. Supply air is sometimes called delivery-air.
Surcharge
An extra or additional charge.
T-floor
Interior floor in a reefer, so named because of the longitudinal T-shaped rails which support the cargo and form a plenum for air flow beneath the cargo.
Tail
The rear of a container.
Tally sheet
List of cargo, incoming and out-going, checked by tally clerk on dock.
Tank container
A specially constructed container for transporting liquids and gases in bulk.
Tare weight
The weight of packing material or, in carload shipments, the weight of the empty freight car.
Tariff
A publication setting forth the charges, rates and rules of transportation companies.
TB/L
Through bill of lading. A transport document issued by a freight forwarder.
TDR
Terminal departure report.
TEEM
Trans-European Express Merchandise trains.
Terminal
An assigned area in which containers are prepared for loading into a vessel or are stacked immediately after discharge from the vessel.
TEU
Twenty foot Equivalent Unit (20').
Through B/L
Bill of Lading covering transport involving more than one mode of transportation to or from inland points.
THC
Terminal Handling Charge. A charge assessed by the terminal for handling FCL at ocean terminal.
Through rate
The total rate from the point of origin to final destination.
Through service (Thru service)
A combination of transportation by sea and land (Thru Service) services to/from the West Coast. From West Coast locations, freight is transported by rail and/or truck to central or eastern North America nonwater port cities. Also known as Microbridge Service and I.P.I.
Time charter
A charter party hiring a vessel for a specified period of time or a particular voyage, in which the shipowner provides the vessel and crew while the charterer supplies the cargo. Also known as non-demise charter.
TIR
Transports Internationaux Routiers (French); this sign is found on motor trucks holding the Carnet TIR, a book of bond notes for international transborder road haulage.
Tonnage
Generally refers to freight handled.
Towage
The charge made for towing a vessel.
Tramp
A freighter vessel that does not run in any regular line but takes cargo wherever the shippers desire.
Tran-ship
To transfer goods from one transportation line to another, or from one ship to another.
Transit cargo
Goods onboard which upon their arrival at a certain port are not to be discharged at that port.
Transit port
A port where goods received are merely en route and from which they have to be transferred and dispatched to their ultimate destination by coasters, barge and so on. Also called transshipment port.
TRC
Terminal Receiving Charge. Charge assessed by the terminal for cargo being delivered for export.
Truck onboard B/L
This is a unique practice in NAT having the similar function as onboard vessel B/L. In the event of a multimodal B/L is prepared, shipper can request a clause on the B/L to satisfy their commercial transaction as LADEN ONBOARD TRUCK MMDDYY. The date on the B/L is on which containers are picked up by OOCL house trucker from shipper's facility. However, the word TRUCK is not necessary.
TTD
A contact of carriage involving more than one carrier.
TTO
Through Transport Operator.
UCP
Uniform Customs and Practice of Documentary Credit. The "bankers Bible" on Documentary Credit Interpretation issued by the I.C.C.
UCP500
Revised and updated version operating from January 1, 1994.
ULD
Unit load device; aircargo loading aid such as igloos, pallets, or containers.
UN
United Nations.
UNCITRAL
United Nations Commission on International Trade Law.
UNCON
Uncontainerable goods. Goods which dimension exceed the capacity of the container, so shipped as breakbulk.
UNCTAD
United Nations Conference on Trade and Development.
UNCTAD MMO
UNCTAD Multi Modal Transport Convention.
Underwriter
In marine insurance, one who subscribes his name to the policy indicating his acceptance of the liability mentioned therein, in consideration for which he receives a premium.
Unit load
Packages loaded on a pallet in a crate or any other way that enables them to be handled at one time as a unit.
Unit train
A train of a specified number of railcars, perhaps 100, wherein they remain in a unit for a designated destination or until a change in routing is made.
Unitization
The consolidation of a number of individual items into one large shipping unit for easier handling. It is also the securing or loading of one or more large Items of cargo onto a single structure, such as a pallet.
Usance
Time allowed for payment of foreign drafts.
USDA
United States Department of Agriculture.
Vanning
A term sometimes used for stowing cargo in a container.
Ventilated container
A container designed with openings in the side and/or end walls to permit the ingress of outside air when the doors are closed.
Vessel's manifest
Statement of a vessel's cargo (revenue, consignee, marks, etc.).
Vienna convention
A 1980 United nations convention on contracts for the international sale of goods which came into force on 01 st January 1988.
Vol.
Volume.
Voyage direction
The sector of a round trip voyage normally denoted by the direction of the sailing.
Voyage number
The numeric identification of a round trip sailing of a vessel on a fixed trade lane.
W.A.
With Average.
W.B.
Please refer to Waybill.
W/M
Weight or Measurement.
W.P.A.
With Particular Average.
W.R.O.
War Risks Only.
W/W
Warehouse Warrant.
War risk
Insurance coverage for loss of goods resulting from any act of war.
Warehouse
A place for the reception and storage of goods.
Waybill (WB)
A document prepared by a transportation line at the point of a shipment; shows the point of the origin, destination, route, consignor, consignee, description of shipment and amount charged for the transportation service. A waybill is forwarded with the shipment or sent by mail to the agent at the transfer point or waybill destination. Abbreviation is WB. Unlike a bill of lading, a waybill is not a document of title.
Weight cargo
A cargo on which the transportation charge is assessed on the basis of weight.
Weight, legal
Net weight of goods, plus inside packing.
Wharfage
A charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or dock.
Y/A rules
York-Antwerp rules; an international code governing general average.
features::common-expression
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