Nshipping terms glossary pdf

This is a very flexible description, a rule of thumb is to. Glossary of port and shipping terms ppiaf a multidonor. Shipping terms latest shipping terms for international. About 400 people in 33 offices are passionate about delivering the industrys most trusted and highest performing transport service for projects, breakbulk and heavy lift cargoes. Advance charge transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee. A sail is aback when sheeted to windward, or when the wind comes on what should be its lee side. There are many shipping terms in logistics industry, while a lot of them you dont need to understand. Manifest list of all cargo on board cargo manifest. If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A pricing term indication that the cost of the goods and freight charges are included in the quoted price. Line haul rate that includes the combination of rail and transload costs. Disclaimer this information is disseminated under the sponsorship of the department of transportation in the interest of information exchange.

An agreement by a steamship line to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer who then becomes liable for payment even though he is later unable to make the shipment. All vessels designed for the carriage of liquid bulk cargoes 80,000 119,999 dwt, including oil and products, chemical and other specialised. Terms of freight all the conditions agreed upon between a carrier and a merchant about the type of freight and charges due to the carrier and whether these are prepaid or are to be collected. Ex works means the buyer is responsible for the entire shipment. In some ports the ship is aground when approaching or at berth. Number assigned to a company or person for reference to discount, address, phone number, etc. The ownership of the concession area port land remains with the government or port authority during the entire concession period. Sorted alphabetically, our glossary will tell you everything you need to know to navigate the world of shipping, freight forwarding and logistics. Glossary international freight terms abi automated brokerage interface. Bill of exchange in the united states, commonly known as a draft. Bt berth terms bundling this is the assembly of pieces of cargo, secured into one manageable unit. A bill of lading issued by a freight forwarder acting as a carrier. This is the assembly of pieces of cargo, secured into one manageable unit. The terms and conditions of the contract may well be different to the terms and conditions contained on the shipping companys bl, which can in extraordinary circumstances lead to legal complications should a dispute arise.

The socalled combi terms based on the inco terms do make a distinction what of the freight and related costs is to be paid by the seller and what. Like every other industry, the shipping and freight business is awash with jargon. See the further reading section for additional words and references. In this section, we explain the meaning of the most commonly used international shipping terms if you still need a specific shipping term explained in detail, simply contact your nearest safmarine office were happy to help. Lcl less than container load when a parcel is too small to fill a container, it is grouped by the carrier at a cfs depot, with other compatible cargo, for the same destination. Bill of lading bl a document that establishes the terms of a contract between a shipper and a transportation company. Glossary of international shipping terms old dominion freight line. Cfr or cif terms look like the easiest way to import but there can be huge drawbacks due to hidden costs. Struggling to understand incoterms or shipping jargon. Searchable database containing common marine acronyms, abbreviations, and dictionary about all subjects, with a focus on technical, chartering, boating, seawords telecommunications. Glossary of shipping terms alliance shipping group. 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. A point beyond the midpoint of a ships length, toward the stern relative to an object or point of reference abaft the fore hatch.

Department of transportation in the interest of information exchange. Shipping terms common shipping and freight terms rjj. Find definitions for key international shipping and customs terms in this handy glossary. Air waybill awb specifies the terms under which the air carrier is agreeing to transport the goods and contains limitations of liability. Here is an abridged list of commonly used transportation terms, abbreviations, and acronyms. Dictionary of shipping terms, third edition sullivan, eric. Shipping terms and definitions arcbest corporation. Incoterms glossary exw ex works exw ex works means that the sellers only responsibility is to make the goods available at his premises that is, works or factory. A contract term meaning both parties agree to provide something for the other. An action wherein a shipperconsignee seeks authority to abandon all or parts of their cargo. Disclaimer this information is disseminated under the sponsorship of the u. The concessionaire bears the commercial risk of operating the facility.

Ballast weight added to lower a ship in the water making it less top heavy when traveling without cargo. A glossary of international shipping terms shipping solutions. New years day, memorial day, independence day, labor day, thanksgiving day and the day after, christmas eve day, christmas day or any other day generally observed as a holiday by the transportation provider at the point where the service is performed. A contract term requiring that the vessel not rest on the ground. Intermodal intermodal shipping incorporates more than one mode of transportation, such as combining the use of trucks and trains to cover more ground in a timely manner. Glossary of shipping terms download pdf weve put together this shipping glossary chart to help you navigate the international shipping. Msc is a world leader in global container shipping, dedicated to providing efficient transport solutions. Lof lloyds open form standardized salvage contract. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. Shipping terms glossary air waybill a nonnegotiable contract for carriage of air transportation between an air carrier and a shipper. This is the right place where find the answers to your questions like. Actual time of arrival, or airporttoairport, or air transport association of america.

Additional costs which may apply when you select a valueadded solution to manage a shipments special clearance needs. To create a consistent set of terms and product descriptions, often using. A glossary of international trade terms, business america, september 19, 1986. Following the events of september 11, 2001, the united states government has increased efforts to enhance national. Port charge relating to a vessel moored at approved anchorage site in a harbor. Allrisk insurance the broadest form of coverage available, providing protection against all risk of physical loss or damage from any external cause. Glossary of port and shipping terms three lines shipping. Ctpat usa customstrade partnership against terrorism. Shipping terms glossary bill of lading bl document serving three functions. We try not to use it when talking to you, but sometimes we slip up. Bill of lading a document signed by the carrier which acts as a receipt and evidence of title to the cargo. Weve explained a few of the more common ones, but get in touch if there are any we dont have listed. Bbc chartering is the premier source for global project shipping services. Glossary of shipping terms a shipment freight terms.

Air brake the air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges also called assessorials any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials. In particular, he is not responsible for loading the goods in a vehicle apply only at the point of origin, and the seller agrees to place the goods at the disposal of the. Shiplilly 11430 nw 122nd st, suite 400 medley, fl 33178 phone. Disclaimer this information is disseminated under the sponsorship of the department of transportation in the interest. The specific solutions may differ by country, depending on if additional processing is required by a local regulatory agency or if you. Bbc chartering operates the markets largest fleet of multipurpose and heavy lift vessels and a global service for any port, any cargo. Glossary of transportation terms, abbreviations, and acronyms transportation, like many other fields, has numerous uses of jargon. This is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large 20 tonne fork lift truck.

A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods. Glossary of terms accessorial charges charges that are applied to the base tariff rate or base contract rate, e. Bunkers name given for vessels fuel and diesel oil supplies originates from coal bunkers. New years day, good friday, victoria day, canada day. Whether youre new to the freight industry or want to brush up on freight. An application that expedites the clearance of cargo for the subsequent release of containers. The wide variety of terms that relate to the process of moving goods through a supply chain can seem overwhelming. The term applied by australian customs to the computer. Great lakes maritime shipping glossary aft behind or back aid to navigation device that is external to the vessel whose purpose is to assist a navigator to determine position. Freight glossary and freight shipping terms freightcenter.

Glossary of shipping terms a2z mainfreight singapore. Line haul rate that includes the cost of drayage services and accessorial charges such as free days or per diem relief. International shipping terms and definitions fedex. Glossary of shipbrokering terms, terms used by ship brokers, ship owners and shipping agents and freight forwarders. Conference partners agree special freight rates and terms for the trade, in order to stabilize marke t and service. Terminals, restrictions, free time, local surcharges, office calendar. Number, the pro is a unique identifier assigned to a shipment that tracks its movement from origin to destination.

Shipping and freight forwarding terms and acronyms can be a real minefield. Shipping glossary a short list every importer should know. Shipping terms glossary uk shipping agents freight. Freeze protection a service agreed upon prior to shipping. We used our extensive logistics knowledge and experience to create a straightforward guide to freight shipping and logistics terminology. These language shortcuts ease communication among professionals in the field, but can be confusing to everyone else. The international shipping and marine transport industry is full of unique shipping terms and shipping abbreviations. Whether youre new to the freight industry or want to brush up on freight terms, our shipping dictionary is your goto resource. 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. Customs brokers with the computer capabilities and customs certification to transmit and exchange customs entries and other information, facilitating prompt release of imported cargo. A bareboat charter involves the use of a vessel usually over longer periods of time ranging. The terms in this glossary have been carefully selected which has a good chance you can encounter in china shipping. Tramp shipping ships trading where they can get cargo. This is an excellent reference containing definitions for many more terms.