Charge to cover the cost of a feeder vessel to get the container to the main port
Bunker Adjustment Factor (surcharge for bunker costs)
Beneficial Cargo Owner (Shippers with direct contract with Carriers)
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
Board of Directors approval
Bunker: (cost for the fuel used by the vessel during the voyage
Basis 1 port to 1 Port
Both ends (Load & Discharge ports)
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.
Intermediary at destination (usually notify) to clear Customs
Currency Adjustment Factor
Rate is valid from Container Freight Station to Container Freight Station.
Closing of Business hours.
Carriers own container
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)
Rate is valid from Container yard to Container yard – used for container shipments only.
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.
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.
Charges paid at POD
to cover the cost of exceptional congestion at POL and/or POD
whoever receives the goods
Dry Cargo container = standard closed box container
Dry Van container = standard closed box container
Dead Weight ton – definition of vessel size
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)
Estimated time of Arrival
Estimated time of Departure
Charges paid in a country which is not the at POL neither the POD Types of charges
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.
Forty Equivalent Unit. One 40’ is equal 2 TEU or 1 FEU (2 slots)
Fridays, Holidays included (Muslim countries)
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
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.
Free on Truck. Loading and unloading of cargo to/from truck is NOT included.
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
General Purpose container = standard closed box container
General Rate Increase – Expression used by container carriers, as example rate subject to GRI as from 1st July.
Good Safe Berth, Always Afloat, Always Accessible
High Cube container = container which is 1’ (abt 30 cm) higher than normal containers
Permit to perform welding work.
International Ship and Port Facility Security Charge
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.
Liner in / Free Out – Vice Versa of above.
Length Overall of the vessel
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
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
Mini land bridge
Minimum freight rate applicable to start the the voyage to cover cost for loading operation, discharge operation and the voyage.
More or Less Charterers Option
Notice of Readiness
Non-Vessel Operator Common Carriers.
If loading completed sooner than expected, then saved days will not be added to discharge time allowed.
whoever is to be notified when cargo arrives
Ocean Freight: (the money due for the carriage of goods)
Open Top container
transportation between POD and final inland destination
Out – of – Gauge / OOG
Oversized cargo, on Flat rack or Open Top container
whoever owns the goods
Per Day Pro Rata
Port of discharge
Port of loading
before detention cost will count.
Expression used when booking with breakbulk carriers in tramp service. Part-cargo means that only part of the vessel is booked.
combination of ports at origin and destination
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.
transportation between point of origin and POL
Charges paid at POL
Reefer container (can maintain fixed temperature during transport, cold or warm)
Roll on / Roll off – Vessel type with a ramp, ie car carriers
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
Order in which the ships call the various ports
Sundays, Holidays excluded
Sundays, Holidays included
Shipper’s own container
Statement of Facts
Saturday, Sunday, Holidays excluded
whoever ships the goods (can be either “proprietary shipper” or NVOCC)
Cargo which is not on own wheels and can be rolled on board. Cargo will be stowed on roll trailers / mafi trailers.
is the unloading of various small consignments from a single container, usually done at off site / forwarder’s facility
To be Named / To be Nominated
Twenty Equivalent Unit. One 20’ is equal 1 TEU (1 slot)
time from port A to port B
when a container leaves on a ship and arrives on a different ship Intermodal terminology
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 (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)
For example, it is applicable during winter season to ports in Russia