Glossary of shipping terms beginning with the letter n. Sometimes the bags are left in the loading slings to speed up discharge at destination, at the expense though of less freight capacity per cubic metre. Net weight the weight, or mass, of the goods themselves without any. Oecd glossary of statistical terms cargo carrying ship. The terms in this glossary have been carefully selected by valvedepot.
Glossary of terms accessorial charges charges that are applied to the base tariff rate or base contract rate, e. The primary objective of the rgss, which was established by the 1854 consolidated merchant shipping act. The european union imposed a new regulation for all shipments coming from all countries except for norway and switzerland. Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its useful life. Glossary of shipping terms a2z mainfreight singapore. Enter your email address for news, ideas, and sales notices. Specifies the terms under which the air carrier is agreeing to transport the goods and contains limitations of liability. These terms and conditions, together with those incorporated herein or referred to herein constitute the entire agreement between us relating to the subject matter hereof, and supersedes any prior understandings or agreements whether oral or written regarding the subject matter, and may not be amended or modified except in writing or by. Increasingly these vessels have coated tanks and are capable of carrying clean products. An independent society that certifies that a vessel has been built and. An ocean container shipping term which actually means the base ocean freight rate for the porttoport segment of the transit.
Any misuse of the course material should be reported to. Glossary of terms used by the registrar general of. Are you confused by shipping terminology we have compiled the most common used abbreviations used in the shipping worldread on and never be confused again. Inland waterways bill of lading transport document made out to a named person, to order or to bearer, signed by the carrier and handed to the sender after receipt of the goods. Cutoff time closing time the latest time a container may be delivered to a terminal for loading to a scheduled barge, vessel, train, or truck. Shipping is a vital facilitator of world trade 3 real terms increase in world gdp in the last two decades increase in world seaborne trade over the same period 90% imo estimate of the value of world trade carried by sea 112 % 73 % 3.
Ncags personnel act as a liaison between military commanders and the civil authorities. Cost and freight cfr is a trade term obligating the seller to arrange sea transportation to a port of destination and provide the buyer with the. A notification by carrier of goods arrival to consignee. Acquiescence when a bill of lading is accepted or signed by a shipper or shippers agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent. Shipping and importing is filled with complicated terminology. These standard trading terms and conditions are effective from 1 april 20 till 31 march 2014. The notice of readiness nor is the document used by the captain of the ship, in the event of voyage chartering, to notify that his ship is ready, in every respect, to load andor unload the goods. Shipping conferences, aside from setting rates, adopt a wide number of policies such as allocation of customers, loyalty contracts, open pricing contracts, etc. We must assume that the objective is achievable and realistic. Oecd glossary of statistical terms shipping conferences. Glossary of purchasing and warehouse inventory terms.
The primary objective of the rgss, which was established by the 1854 consolidated merchant shipping act, was to enforce this legislation and later 1894. There are different shipping conferences for different regions of the world. Dictionary of international trade globalnegotiator. The terms represent a set of international rules for the interpretation of the principal terms of delivery used in trade contracts. International commercial terms incoterms are internationally recognized standard trade terms used in sales contracts.
Registrargeneral of shipping and seamen rgss previously the registrargeneral of shipping refers to the position, the office, and the department under the board of trade. The terms in this glossary have been carefully selected which has a good chance you can encounter in china shipping. Accessorial charges charges that are applied to the base tariff rate or base contract rate, e. The cfr term requires the seller to clear the goods for export. Owners of containerships that charter vessels to shipping service operators, known as liner companies, rather than directly operating container shipping services for shippers. The seller has to bear all risks and costs including duties, taxes and other charges of delivering the goods thereto. An advice that the carrier or forwarder sends to the consignee advising of goods coming forward for delivery. A unit of measurement of the volume of all ships enclosed spaces measured to the outside of the hull framing. Advance charge transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee. A term of sale which means the ddu term has been fulfilled when the goods have been available to the buyer on the quay wharf at the named port of destination, cleared for importation. Introduction to basic shipping terms the coffee guide.
It may have several surcharge fact ors applied to it. Quizlet flashcards, activities and games help you improve your grades. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. Historically, eastern bloc country shipping lines have not joined these conferences. Glossary of terms used by the registrar general of shipping. Weight tons can be expressed in terms of short tons of 2,000 pounds, long tons of 2,240 pounds, or metric tons of 1,000 kilograms 2,204. Delivery terms a contractual designation of location of delivery, the time of delivery and shipping costs. The letters, numbers or other symbols placed on the outside of cargo to facilitate identification. Advance commercial information aci program that introduces more effective risk management processes and tools to identify threats to our health, security and safety prior to the. A bill of adventure is a document signed by the master of the ship that carries goods at owners risk. This is the right place where find the answers to your questions like.
Shipping weight represents the gross weight in kilograms of shipments, including the weight of moisture content, wrappings, crates, boxes, and containers other than cargo vans and similar substantial outer containers. Bill of lading bl this is the official legal document that represents ownership of cargo. Valvedepot will not have any liability for misuse this information. Dictionary of shipping terms, third edition sullivan, eric. Glossary of shipping terms a shipment freight terms. An application that expedites the clearance of cargo for the subsequent release of containers. A method of financial accounting where revenues are recorded when earned instead of when received, and expenses are recorded when incurred instead of when paid. Box another less formal name for a shipping container. Colliery guarantee terms the ship is to be loaded in accordance with the terms of the colliery coal mine guarantee, which is a contract between the colliery and the charterers occasionally between the colliery and the ship owner describing applicable laytime, excepted periods, holiday and. Sep 25, 2017 en pdf common shipping terms and abbreviations school of shipping. Natural gas fossil fuel formed almost entirely of methane. Disclaimer this information is disseminated under the sponsorship of the u. Liner terms freight rates which include loadingunloading charges, generally with regular shipping lines.
An insiders guide to the best practices from the industry published online. Glossary of shipping terms beginning with the letter n med. The party that hires a vessel under the charterpart y. To open the ships hatches and commence discharge of the cargo. The producing of goods or wares by manual labour or machinery, often. Nema rating of enclosures is similar to the ip rating system. En pdf common shipping terms and abbreviations school.
Port charge relating to a vessel moored at approved anchorage site in a harbor. Glossary of port and shipping terms three lines shipping. Daily running cost cost per day of operating a ship. The general cargo ship often has its own cranes and derricks for loading and discharging cargo. Describing the position of an object from on board a ship. Freight rates quoted on a fios basis specifically exclude all aspects relating to cargo handling operations.
Document containing agreement details between the shipper and air carrier arrival notice. The objective is timebound, and should be completed by a specific date. Pertinent information such as bill of lading number. For these assessments, the a sample is the operational national main andor state assessment. Fee established by airline for handling shipment awb. It is the type of will that is made by a person with a terminal illness or other lifethreatening condition that makes it impossible to prepare a written document that complies with all the formal requirements for a valid will. Shipping glossary a short list every importer should know there are many shipping terms in logistics industry, while a lot of them you dont need to understand. Econo delivery time the time during the day and for the days of the week, during which the receiving unit will spot and unload trucks and rail cars.
In years when the naep assessment includes a field test or equating studies, samples are referred to as the a sample, the b sample, the c sample, etc. Glossary of international shipping terms old dominion freight line. This is how they are often referred to in the industry. Measurement tons are usually expressed as cargo measurements of 40 cubic feet 1. Pdf glossary of shipping terms waleed saleh academia. Annex 1 glossary of key shipping terms aframax a tanker of 80. Also, a term used in some insurance policies to mean a voyage. Get the easy explanations of what it all means at shippo here we provide glossary of shipping terms and freight terms with further explanations of common terms.
Dictionary of international trade the international trade dictionary contains a glossary of 2000 key terms for international business and trade classified into eight categories encompassing the full breadth of international trade activities. The area immediately in front of or behind a wharf shed on which cargo is. Glossary of international shipping terms a8a manifest a form issued by a licensed customs broker which allows ccra to monitor in bond shipments as they move through canada. The surrender of the property, and any rights and liabilities attaching to it, by the insured to the insurers when a claim for total loss is to be made. Actions break the work towards an objective into manageable, measurable actions you will take. Fob shipping terms freight terms customer takes title of goods customer responsibilities vendor responsibilities fob point of origin, freight collect at point of origin or factory pays freight bears freight owns goods in transit must file claims for loss, damage or overcharges fob point of origin, freight prepaid and allowed at point of origin. Naval cooperation and guidance for shipping ncags it is a naval organization with members who are trained to establish and provide advice for safe passage of merchant ships worldwide, during times of peace, tension, crisis and war. Manifest a list of the various shipments being carried on a ship or aircraft. Common shipping terms the art of retail buying wiley. Department of transportation in the interest of information exchange. Following, are the thirteen terms of sale in international trade as terms of sale reflected in the recent amendment to the international chamber of commerce terms of trade incoterms, effective july 1990. The objective is measurable in terms cost, speed, quantity and or quality.
1550 1145 1562 878 906 1538 1053 97 1187 139 1021 1030 1555 109 253 1550 82 1568 218 885 1594 402 635 141 260 905 678 75 257 119 1105