SHIPPING LANGUAGE GLOSSARY

A
A/S
Alongside
AAAA
Always Accessible Always Afl oat
AAOSA
Always Afl oat or Safe Aground. Condition for a vessel whilst in port
AARA
Amsterdam-Antwerp-Rotterdam Area
ABAFT
Toward the rear (stern) of the ship. Behind.
ABOARD
On or within the ship
ABOVE DECK
On the deck (not over it – see ALOFT)
ABSORPTION
Acceptance by the carrier of a portion of a joint rate or charge which is less
than the amount which it would receive for the service in the absence of
such joint rate or charge.
ABT
About
ACCEPTANCE OF GOODS
The process of receiving a consignment from a consignor, usually against
the issue of a receipt. As from this moment and on this place the carrier’s
responsibility for the consignment begins.
ACKNOWLEDGEMENT OF RECEIPT
A notifi cation relating to the receipt of e.g. goods, messages and documents.
Active Inventory covers raw material, work in progress, fi nished products that
will be used or sold within a given period without extra cost or loss. This term
does not cover the so-called reserve inventory.
ACTUAL DEMAND
Customers’ orders and often also the allocation of items, ingredients and/or
raw materials to production or distribution.
ACTUAL VOYAGE NUMBER
A code for identifi cation purposes of the voyage and vessel which actually
transports the container/cargo.
ADCOM
Address Commission
ADDED VALUE
The value attributed to products, and services as the result of a particular
process (e.g. production process, storage, transport).
ADDENDUM
Additional chartering terms at the end of a charter party.
ADVANCE ARRANGEMENT
An agreement between the shipper and the carrier, concerning contacts
between those parties prior to tendering the consignment.
ADVANCED AMOUNT
Cash or cash equivalents expressed in a monetary amount given to a driver
to cover expenses during a trip.
ADVANCED CHARGE
A charge paid by a carrier to an agent or to another carrier, which the
delivering carrier then collects from the consignee. Such charges are usually
for agents’ forwarding fees and incidental expenses paid out of pocket for
account of the shipment by an agent or other carrier (aircargo).
ADVANCED INTERLINE
An interline carrier that picks up cargo from the shipper and delivers
it to another carrier for shipment to the consignee.
ADVICE NOTE
A written piece of information e.g. about the status of the goods.
AFFREIGHTMENT
The hiring of a ship in whole or part.
AFSPS
Arrival First Sea Pilot Station (Norway)
AFT
At or towards the stern or rear of a ship.
AGENCY FEE
Fee payable by a shipowner or ship operator to a port agent.
AGENTS
Intelligent software that can be used in an exchange or auction to monitor
prices and conditions on behalf of buyer and supplier and in some cases to
automatically execute trades.
AGGREGATE INVENTORY
The inventory for any group of items or products, involving multiple stockkeeping
units. Synonym: Aggregate Stock.
AGROUND
Touching or fast to the bottom.
AGW
All Going Well
AHL
Australian Hold Ladders
AIDS TO NAVIGATION
Artifi cial objects to supplement natural landmarks indicating safe and unsafe
waters.
AIM
See Automatic Identifi cation Manufacturers.
ALLOCATION
The process of assigning activities, costs or facilities e.g. space to a certain
organizational units.
ALLOTMENT
A share of the capacity of a means of transport assigned to a certain party,
e.g. a carrier or an agent, for the purpose of the booking of cargo for a
specifi c voyage.
ALOFT
Above the deck of the ship
AMIDSHIPS
In or toward the centre of the ship
ANCHORAGE
A place suitable for anchorage in relation to the wind, seas and bottom.
ANTHAM
Antwerp-Hamburg Range
APPAREL
A vessel’s outfi t, such as rigging, anchor and life boats. The term used in
distribution/transport of clothing for a single piece of clothing, a garment.
APPLICABLE SERVICE PROVIDER
An online outsourcer or hosting service for applications, letting Net market
makers rent instead of buying applications and services such as auctions,
exchanges and catalog aggregation. Many application vendors are moving to a
hosting model, but ASPs are often application-agnostic, plugging a feature of
one application into a marketplace when appropriate and using another
feature from another vendor elsewhere.
APPROVED CONTINUOUSEXAMINATION PROGRAM (ACEP)
An agreement between the owners of the equipment and the responsible
governmental body to allow continuous examination of the equipment (e.g.
containers).
APRON
See Platform
APRYCLEE
A network of national information centres of information technologies.
APS
Arrival Pilot Station
ARAG
Amsterdam-Rotterdam–Antwerp-Gent Range
ARBITRARY
Charge to cover the cost of a feeder vessel to get the container to the main port
ARBITRATION
Method of settling disputes which is usually binding on parties. A clause
usually in a charter party.
AREA CODE
A code for the area where a container is situated.
AREA OF REPAIR
Geographical area where a container is under repair.
AREA OFF HIRE LEASE
Geographical area where a leased container becomes off hire.
AREA OFF HIRE SUB-LEASE
Geographical area where a subleased container becomes off hire.
AREA ON HIRE LEASE
Geographical area where a leased container becomes on hire.
AREA ON HIRE SUB-LEASE
Geographical area where a subleased container becomes on hire.
ARRIVAL NOTICE
A notice sent by a carrier to a nominated notify party advising of the
arrival of a certain shipment.
ARTICLES DANGEREUX DE ROUTE(ADR)
An European agreement concerning the international carriage
of dangerous goods by road.
ASBA
American Shipbrokers Association
ASPW
Any Safe Port in the World
ASSEMBLY
The stage of production in which components are put together into
an end product appropriate to the process concerned
ASSIGNMENT
The transfer of certain rights from one party to another
ASTERN
In the back of the ship, opposite of ahead
ATA
Actual time of Arrival
ATD
Actual time of Departure
ATDNSHINC
Any Time Day/Night Sundays and Holidays Included
ATHWARTSHIPS
At right angles to the centreline of the ship
ATUTC
Actual Times Used to Count
AUCTIONS
Let multiple buyers bid competitively for products from individual suppliers.
Suitable for hard-to-move goods such as used capital equipment (forklifts)
and surplus or excess inventory. Prices only move up, but buyers can buy
below list prices while sellers sell for more than a liquidator pays. Auctions
are becoming a feature of many Net markets, but some use auctions as
their primary market mechanism. Examples: AdAuction, TradeOut.com (used
equipment).
AUDIT
A methodical examination and review of a situation or condition (as within
a business enterprise) concluding with a detailed report of fi ndings.
AUTHENTICATION
Proof by means of a signature or otherwise that a certain document or
certain data is of undisputed origin and genuine.
AUTHORISATION
The commission to a certain person or body to act on behalf of another
person or body. The person or body can be authorized e.g. to issue Bills
of Lading or to collect freight.
AUTO CONTAINER
Container equipped for the transportation of vehicles.
AUTOMATIC IDENTIFICATION
A means of identifying an item e.g. a product, parcel or transport unit by
a machine (device) entering the data automatically into a computer. The
most widely used technology at present is bar code; others include radio
frequency, magnetic stripes and optical character recognition
AUTOMATIC IDENTIFICATIONMANUFACTURERS (AIM)
International organization of companies and/or associations involved or
interested in automatic identifi cation.
AVERAGE
In marine insurance: A loss or damage to or in respect of goods or
equipment. The numerical result obtained by dividing the sum of two or
more quantities by the number of quantities.
AVERAGE ADJUSTERS
In general average affairs average adjusters are entrusted with the task
of apportioning the loss and expenditure over the parties interested in the
maritime venture and to determine which expenses are to be regarded as
average or general average.
B
B/B
Breakbulk cargo
BACK HAUL
The return movement of a means of transport which has provided a
transport service in one direction.
BACK ORDER
A customer’s order or commitment that is unfi lled due to insuffi cient stock.
BACK SCHEDULING
A method of obtaining a production schedule by working backwards from
the required due date, in order to predict the latest start date in consistent
with meeting that due date.
BACKBONE
A central high speed network that connects smaller, independent networks.
the NSFnet is an example.
BACKLETTER
Where a seller/shipper issues a ‘letter of indemnity’ in favour of the carrier
in exchange for a clean bill of lading. Back letters are drawn up in addition
to a contract in order to lay down rights and/or obligations between both
contracting parties, which, for some reason cannot be included in the original
contract. This expression is sometimes used for letters of indemnity which
are drawn up if the condition of the goods loaded gives rise to remarks and,
nevertheless, the shipper insists upon receiving clean Bills of Lading. Letters
of indemnity are only allowed in very exceptional circumstances.
BACKLETTER
Where a seller/shipper issues a ‘letter of indemnity’ in favour of the carrier
in exchange for a clean bill of lading. Back letters are drawn up in addition
to a contract in order to lay down rights and/or obligations between both
contracting parties, which, for some reason cannot be included in the original
contract. This expression is sometimes used for letters of indemnity which
are drawn up if the condition of the goods loaded gives rise to remarks and,
nevertheless, the shipper insists upon receiving clean Bills of Lading. Letters
of indemnity are only allowed in very exceptional circumstances.
BACKLOG
The quantity of goods still to be delivered, received, produced, issued,
etc., for which the planned or agreed date has expired. The total number
of customer orders which have been received but not yet been shipped.
Synonym: Open Order.
BAF
Bunker Adjustment Factor (surcharge for bunker costs)
BALE CAP.
Cubic capacity of a vessels holds to carry packaged dry cargo such as bales/
pallets.
BALE SPACE
The balespace of a vessel is the capacity of cargo spaces under deck
(including hatchways but excluding void spaces behind cargo battens and
beams) expressed in cubic metres or cubic feet.
BALLAST
Heavy weight, often sea water, necessary for the TRIM AND stability and
safety of a vessel. In vessels usually water is carried as ballast in tanks,
specially designed for that purpose.
BALLAST BONUS
Compensation for relatively long ballast voyage.
BANKING SYSTEM
For marine purposes the practice of always keeping more than one piece
of cargo on the quay or in the vessel ready for loading or discharging in order
to avoid delays and to obtain optimal use of the loading gear.
BAR CODING
A method of encoding data for fast and accurate electronic readability. Bar
codes are a series of alternating bars and spaces printed or stamped on
products, labels, or other media, representing encoded information which
can be read by electronic readers, used to facilitate timely and accurate input
of data to a computer system. Bar codes represent letters and/or numbers
and special characters like +, /, -, ., etc.
BAREBOAT CHTR.
Bareboat Charter – Owners lease a specific ship and control its technical
management and commercial operations only. Charterers take over all
responsibility for the operation of the vessel and expenses for the duration.
BARGE
Flat bottomed inland cargo vessel for canals and rivers with or without own
propulsion for the purpose of transporting goods.
Synonym: Lighter.
BARS
Special devices mounted on container doors to provide a watertight locking.
Synonym: Door lock bars.
BASE
Home depot of container or trailer.
BASIC STOCK
Items of an inventory intended for issue against demand during the resupply
lead-time.
BASIS 1/1
Basis 1 port to 1 Port
BATCH
A collection of products or data which is treated as one entity with respect
to certain operations e.g. processing and production.
BATCH LOT
A defi nite quantity of some product manufactured or produced under
conditions that are presumed uniform and for production control purposes
passing as a unit through the same series of operations.
BATCH PRODUCTION
The production process whereby products/components are produced in
batches and where each separate batch consists of a number of the same
products/components.
BATTERNS
Members protruding from the inside walls of a vessel’s hold or a (thermal)
container to keep away the cargo from the walls to provide an air passage.
They may be integral with the walls, fastened to the walls or added during
cargo handling.
BAY
A vertical division of a vessel from stem to stern, used as a part of the
indication of a stowage place for containers. The numbers run from stem to
stern; odd numbers indicate a 20 foot position, even numbers indicate a
40 foot position.
BAY PLAN
A stowage plan that shows the locations of all the containers on the vessel.
BBB
Before Breaking Bulk. Refers to freight payments that must be received
before discharge of a vessel commences.
BC CODE
Safe working practice code for solid bulk cargo.
BCO
Beneficial Cargo Owner (Shippers with direct contract with Carriers)
BDI
Both Dates Inclusive
BEAM
The maximum breadth or the greatest width of a ship.
BELOW
Beneath the deck.
BENDING MOMENT
It is the result of vertical forces acting on a ship as a result of local differences
between weight and buoyancy. The total of these forces should be zero,
otherwise change of draft will occur. At sea the bending moment will change
as a result of wave impact which then periodically changes the buoyancy
distribution. Note: The maximum allowed bending moment of a vessel is
restricted by the class bureau to certain limits which are different under port
and sea conditions.
BENDS
Both Ends (Load & Discharge Ports)
BENDS
Both ends (Load & Discharge ports)
BERTH
A location in a port where a vessel can be moored, often indicated by a
code or name.
BERTH
A location in a port where a vessel can be moored, often indicated by a
code or name.
BI
Both Inclusive
BILATERAL TRANSPORT AGREEMENT
Agreement between two nations concerning their transport relation.
BILL OF HEALTH
The Bill of Health is the certificate issued by local medical authorities
indicating the general health conditions in the port of departure or in the
ports of call. The Bill of Health must have visa before departure by the Consul
of the country of destination. When a vessel has free pratique, this means
that the vessel has a clean Bill of Health certifying that there are no questions
of contagious disease and that all quarantine regulations have been complied
with, so that people may embark and disembark.
BILL OF LADING CLAUSE
A particular article, stipulation or single proviso in a Bill of Lading.
A clause can be standard and can be preprinted on the B/L.
BILL OF LADING(B/L & Bs/L)
A document that evidences a contract of carriage by sea. The document
has the following functions:
• A receipt for goods, signed duly by an authorized person on behalf
of the carriers.
• A document of title to the goods described therein.
• Evidence of the terms and conditions of carriage agreed upon between
the two parties.
Currently, there are 3 different models are used:
(1) B/L R 302: A modern document for either Combined Transport or Port
to Port shipments depending on whether the relevant spaces for place of
receipt and/or place of delivery are indicated on the face of the document.
Synonyms: Combined Transport Bill of Lading or Multimodal Transport
document
(2) B/L R 300: A classic marine Bill of Lading in which the carrier is also
responsible for the part of the transport actually performed by himself
(3) Sea Waybill: A non-negotiable document, which can only be made out
to a named consignee. No surrender of the document by the consignee is
required
See: also Service Bill.
BILL OF MATERIAL
A list of all parts, sub-assemblies and raw materials that constitute
a particular assembly, showing the quantity of each required item.
BILL OF MATERIALS FUNCTION
Ability to present predefined lists of items routinely required by buyers for
a specific purpose. Can greatly reduce the planning process. In vertical
markets, the challenge is developing a complete list of items that need
to be purchased for specific products or projects. PartMiner (electronic
components) uses this function to create a complete view of buyer activity,
both purchases that go to contract suppliers and purchases made on
its anonymous spot market. Enables a market to combine a channel enabler
approach with an exchange.
BIMCO
The Baltic and International Maritime Council
BIMODAL TRAILER
A road semi-trailer with retractable running gear to allow mounting on a
pair of rail boogies. Synonym: Road-Rail Trailer A trailer which is able to carry
different types of standardized unit loads, (e.g. a chassis which is appropriate
for the carriage of one FEU or two TEU’s).
BL (MASTER BILL OF LADING)
It works as: Contract of Carriage,
Receipt,
House Bill of Lading: BL issued by the NVOCC to the Customer,
Manifest: Collection of BL for Vessel/Voyage
BL1
Bale
BL2
(Bill of Lading) A document signed by the carrier which acts as a Contract
of Affreightment, a receipt and evidence of title to the cargo.
BM
Beam
BN
Booking Note
BOATMAN
Person who attends to the mooring and unmooring of vessels.
BOB
Bunker on Board
BOD
Board of Directors approval
BOFFER
Best Offer
BOLLARD
Post, fi xed to a quay or a vessel, for securing mooring ropes
BOLSTER
See Container Bolster.
BONA FIDE
In good faith; without dishonesty, fraud, or deceit.
BONDED
The storage of certain goods under charge of customs viz. customs seal until
the import duties are paid or until the goods are taken out of the country.
Bonded warehouse (place where goods can be placed under bond). Bonded
store (place on a vessel where goods are placed behind seal until the time
that the vessel leaves the port/country again). Bonded goods (dutiable goods
upon which duties have not been paid, i.e. goods in transit or warehoused
pending customs clearance).
BOOKING
The offering by a shipper of cargo for transport and the acceptance of the
offering by the carrier or his agent.
BOOKING REFERENCE NUMBER
The number assigned to a certain booking by the carrier or his agent.
BOTTLENECK
A stage in a process that limits performance. Note: Generally this is
interpreted as a facility, function, department, etc. that impedes performance,
for example, a warehouse or distribution center where goods arrive at a faster
rate than they can be transported or stored, thus causing stock-piling at
improper moments or in unwanted areas.
BOTTOM FITTINGS
Special conical shaped devices inserted between a container and the
permanent floor on the deck of a vessel in order to avoid shifting of the
container during the voyage of this vessel.
BOTTOM LIFT
Handling of containers with equipment attached to the four bottom corner
fittings (castings).
BOW
The forward part of a ship.
BOX PALLET
Pallet with at least three fi xed, removable or collapsible vertical sides.
BREAK BULK
To commence discharge.
BREAK BULK CARGO
General cargo conventionally stowed as opposed to unitized, containerized
and Roll On-Roll Off cargo. Synonym: Conventional Cargo.
BROB
Bunkers Remaining on Board
BROKEN STOWAGE
The cargo space which is unavoidable lost when stowing cargo. The percentage of wasted space depends upon e.g the kind of cargo, the packing and the used space.
BROKER
Person who acts as an agent or intermediary in negotiating contracts.
BROKERAGE
Percentage of freight payable to broker (by owners in c/p’s) or applicable
to sale or purchase.
BRUSSELS TARIFF COMENCLATURE (BTN)
The old Customs Cooperation Council Nomenclature for the classifi cation
of goods. Now replaced by the Harmonized System.
BSI SPECIFICATION
British Standards Institution Specification for freight containers.
BSS
Basis
BUC
Bunker: (cost for the fuel used by the vessel during the voyage
BSS 1/1
Basis 1 Port to 1 Port
BT
Berth Terms
BTN
See Brussels Tariff Nomenclature.
BUOY
An anchored float used for marking a position on the water or a hazard or a
shoal and for mooring.
B2B (BUSINESS-TO-BUSINESS)
Describes online transactions between one business, institution, or
government agency and another. Differentiated from b2c (business-to-consumer)
plays such as Amazon.com, eBay, and Yahoo.
BUFFER STOCK
A quantity of goods or articles kept in store to safeguard against unforeseen
shortages or demands.
BULK BAGS
A large polythene liner that can be fi tted to a 20’GP as an alternative
to bulk containers.
BULK CARGO
Unpacked homogeneous cargo poured loose in a certain space of a vessel
or container e.g. oil and grain.
BULK CARRIER
Single deck vessel designed to carry homogeneous unpacked dry cargoes
such as grain, iron ore and coal.
BULK CONTAINER
Shipping container designed for the carriage of free-fl owing dry cargoes,
which are loaded through hatchways in the roof of the container and
discharged through hatchways at one end of the container.
BULKHEAD
A vertical partition separating compartments or upright partitions dividing
compartments on board a vessel. The functions of bulkheads are:
• To increase the safety of a vessel by dividing it into watertight
compartments
• To separate the engine room from the cargo holds
• To increase the transverse strength of a vessel
• To reduce the risk of spreading fire to other compartments
• A vertically mounted board to provide front wall protection against shifting
cargo and commonly seen on platform trailers (road cargo)
Synonym: Header Board.
BULL RINGS
Rings for lashing the cargo in containers.
BUNDLING
This is the assembly of pieces of cargo, secured into one manageable unit.
This is relevant to items such as Structural Steel, Handrails, Stairways, etc.
Whilst this is a very flexible description, a rule of thumb is to present cargo
at a size easily handled by a large (20 tonne) forklift.
BUNKER
(Tank) spaces on board a vessel to store fuel.
BUNKER ADJUSTMENT FACTOR (BAF)
Adjustment applied by shipping lines or liner conferences to offset the effect
of fl uctuations in the cost of bunkers.
BUNKERS
Name given for vessels Fuel and Diesel Oil supplies (Originates from coal
bunkers).
BUREAU VERITAS
French classifi cation society.
BUSINESS LOGISTICS
Logistics within a business system. The coordinating function of material
management and physical distribution, which executes the integral control
of the goods fl ow.
BUSINESS PROCESS REENGINEERING (BPR)
The fundamental analysis and radical redesign of everything: business
processes and management systems, job definitions, organizational structures
and beliefs and behaviors to achieve dramatic performance improvements
to meet contemporary requirements. Information technology (IT) is a key
enabler in this process.
BUYERS MARKET
A ‘buyer’s market’ is considered to exist when goods can easily be secured and
when the economic forces of business tend to cause goods to be priced at the
purchaser’s estimate of value. In other words, a state of trade favorable to
the buyer, with relatively large supply and low prices.
BWAD
Brackish Water Arrival Draft
C
CAF
Currency Adjustment Factor
CFS/CFS
Rate is valid from Container Freight Station to Container Freight Station.
CHARGEABLE WEIGHT IN AIRFREIGHT
In Airfreight, 1 cbm = 167 kgs. Example: shipment of 200 kgs 7.00 cbm, will be charged as 7.00 x 167 kgs = 1169 kgs.
COB
Closing of Business hours.
COC
Carriers own container
COG
Center Of Gravity Congestion Accumulation of vessels at a port to the extent that vessels aariving to load or discharge are obliged to wait for a vacant berth
CP (or C/P)
Charter Party
CY/CY
Rate is valid from Container yard to Container yard – used for container shipments only.
Chassis split
when the container is not located in the same place as the chassis and the trucker needs to bring the chassis to the container location. For example: If an ocean port doesn’t have any chassis available or the trucker doesn’t own chassis, the trucker may travel to a nearby chassis pool first, pick up the chassis, and then proceed to the port from there.
Chopt
Charterers Option
Clean On Board
When goods are loaded on board and the document issued in respect to these
goods is clean.
Note: Through the usage of the UCP 500 rules the term has now become
superfluous.
Collect
Charges paid at POD
Congestion Surcharge
to cover the cost of exceptional congestion at POL and/or POD
Consignee
whoever receives the goods
D
DC container
Dry Cargo container = standard closed box container
DV container
Dry Van container = standard closed box container
DWT
Dead Weight ton – definition of vessel size
Direct Service
when a container leaves and arrives on the same ship
Drop & hook
same for drop and pick but the trucker instead of leaving without container on the first trip, picks up another empty/full at the same facility to be returned at the port/depot
Drop & pick
the only difference with the live load/unload move is that the container is dropped at the customer facility and the trucker comes back after a certain amount of time to pick it up (2 trips)
E
ETA
Estimated time of Arrival
ETD
Estimated time of Departure
Elsewhere
Charges paid in a country which is not the at POL neither the POD
Types of charges
F
FCL (Full Container Load)
A container stuffed or stripped under risk and for account of the shipper and/
or the consignee.
A general reference for identifying container loads of cargo loaded and/or
discharged at merchants’ premises.
FEU
Forty Equivalent Unit. One 40’ is equal 2 TEU or 1 FEU (2 slots)
FHINC
Fridays, Holidays included (Muslim countries)
FILO
Free in / Liner Out – It means that loading incl. lashing & securing of goods are excluded in the price, but discharge cost are included in the price
FIOS
Free in and out, stowed. It means that loading and discharge of goods, stowage, lashing and securing, is additional and not included in price.
Free out Consignee shall arrange and cover cost of discharge of cargo from vessel.
FOT
Free on Truck. Loading and unloading of cargo to/from truck is NOT included.
FR container
Flatrack container
Freight Forwarder
Intermediary between Shipper and Carrier
Full-cargo / Solecargo
Vessel is booked only with one shipment cargo and will sail directly from port of loading to port of discharge
G
GP container
General Purpose container = standard closed box container
GRI
General Rate Increase – Expression used by container carriers, as example rate subject to GRI as from 1st July.
Gsbaaaa
Good Safe Berth, Always Afloat, Always Accessible
H
HC container
High Cube container = container which is 1’ (abt 30 cm) higher than normal containers
Hot permit
Permit to perform welding work.
I
ISPS
International Ship and Port Facility Security Charge
L
L/S/D/W
Lashing, Securing, Dunnaged, Welding
LCL (Less than Container Load)
A general reference for identifying cargo in any quantity intended for carriage
in a container, where the Carrier is responsible for packing and/or unpacking
the container.
LIFO
Liner in / Free Out – Vice Versa of above.
LOA
Length Overall of the vessel
Live load
pick up the empty container at the port/depot, go to the customer facility and wait without leaving, for the container to be loaded and then returned to the port/depot to drop the full container
Live unload
pick up the full container at the port/depot, go to the customer facility and wait without leaving, for the container to be unloaded and then return to the port/depot to drop the empty container
M
MLB
Mini land bridge
Minimum inducement
Minimum freight rate applicable to start the the voyage to cover cost for loading operation, discharge operation and the voyage.
molchopt
More or Less Charterers Option
N
NOR
Notice of Readiness
NVOCC
Non-Vessel Operator Common Carriers.
Non-reversible Detention
If loading completed sooner than expected, then saved days will not be added to discharge time allowed.
Notify
whoever is to be notified when cargo arrives
O
OF
Ocean Freight: (the money due for the carriage of goods)
OT container
Open Top container
On-carriage
transportation between POD and final inland destination
Out – of – Gauge / OOG
Oversized cargo, on Flat rack or Open Top container
Owner
whoever owns the goods
P
PDPR
Per Day Pro Rata
POD
Port of discharge
POL
Port of loading
POL/POD
before detention cost will count.
Part-cargo
Expression used when booking with breakbulk carriers in tramp service. Part-cargo means that only part of the vessel is booked.
Port Pairs
combination of ports at origin and destination
Pre-Pull
A pre-pull is when the trucker pulls an FCL container from the port/depot and stores it at the trucker’s yard instead of immediately delivering it.
Pre-carriage
transportation between point of origin and POL
Prepaid
Charges paid at POL
R
RF container
Reefer container (can maintain fixed temperature during transport, cold or warm)
RO/RO
Roll on / Roll off – Vessel type with a ramp, ie car carriers
Reversible Detention
If loading completed sooner than expected at load port, then days saved can be added to discharge operation
Roll Over Fee
if the container gets rolled on the next vessel due to Shipper’s error
Rotation
Order in which the ships call the various ports
S
SHEX
Sundays, Holidays excluded
SHINC
Sundays, Holidays included
SOC
Shipper’s own container
SOF
Statement of Facts
SSHEX
Saturday, Sunday, Holidays excluded
Shipper
whoever ships the goods (can be either “proprietary shipper” or NVOCC)
Static cargo
Cargo which is not on own wheels and can be rolled on board. Cargo will be stowed on roll trailers / mafi trailers.
Stripping
is the unloading of various small consignments from a single container, usually done at off site / forwarder’s facility
T
TBN
To be Named / To be Nominated
TEU
Twenty Equivalent Unit. One 20’ is equal 1 TEU (1 slot)
Transit Time
time from port A to port B
Transshipment Service
when a container leaves on a ship and arrives on a different ship
Intermodal terminology
W
W/M, RT or FR Weight
Measure, Revenue Ton, Freight ton: 1 ton equals 1 cbm. Each package is rated individually, depending on weight/volume.
WHA
WHA (A charge assessed by a pier or dock owner for freight handled over the pier or dock or for a steamship company using the pier or dock)
Winter Surcharge
For example, it is applicable during winter season to ports in Russia
wog
Without Guarantee
wp
Weather Permitting