Shipment Terms
Shipment Terms
Category TERMS
1 General Ab Initio
2 General Abandonment
4 General Acceptance
5 General Accessibility
6 General Accessorial charges
Accessorial Handling
7 General
Tariff (AHT)
8 General ACE
16 General Ad Valorem
Administration Fee
17 General
(ADMIN)
21 General AES
22 General Affidavit
23 General Affreightment
44 General Allonge
45 General Allotment
46 General Alongside
Anti-dumping Duties
50 General
(ADD)
55 General Applicant
56 General Arbitration
57 General Arbitration
58 General Arrest
59 General Arrival notice
60 General Assessor
61 General Assignment
62 General Astern
63 General ATA
64 General ATD
65 General ATDNSHINC
66 General Athwartships
67 General Audit
68 General Auditing
69 General Austrade
Authority to Make Entry
70 General
(ATME or AME)
Automated Broker
71 General
Interface (ABI)
Automated Commercial
72 General
Environment (ACE)
Automated Manifest
73 General
System (AMS)
Automatic identification
74 General
system (AIS)
75 General Average
82 General Avoidance
83 General Award
87 General Backfreight
88 General Backhaul
89 General BAF
Banker's Indemnity or
94 General
Guarantee
96 General Barge
97 General Barratry
98 General Barter
Carriage of Goods by
170 General
Sea Act 1991
Certificate Of Origin
195 General
(C/O, COO)
215 General CL
Combined Transport /
231 General
Multimodal B/L
Comite Maritime
232 General
International (CMI)
233 General Commercial Bill
Concealed Damage /
242 General
Concealed Loss
243 General Conference
328 General CY
CY Closing Date
329 General
(Closing)
330 General D&H
Dangerous goods
333 General
declaration
DAP – Delivered At
334 General
Place
DAT – Delivered At
335 General
Terminal
Delivery Authorization
352 General
Document (DAD)
Documentary Letter of
386 General Credit/Documentary
Draft
Documents against
387 General
Acceptance (D/A)
Documents Against
388 General
Payment
389 General DOT
EAR: Export
406 General Administration
Regulations
Electronic data
409 General
interchange (EDI)
Electronic Export
410 General
Information (EEI)
411 General Embargo
EMCP: Export
412 General Management and
Compliance Program
413 General Eminent domain
414 General Empty repo
415 General Endorsement
416 General Entry
Equipment Imbalance
420 General
Surcharge (EIS)
Equipment interchange
421 General
receipt (EIR)
422 General ETA
423 General ETC
424 General ETD
425 General ETR
426 General ETS
Export Management
438 General
Company (EMC)
Federal Maritime
453 General
Commission (FMC)
Federal Maritime
454 General
Commission (FMC)
Foreign Agricultural
471 General
Service (FAS)
Foreign Corrupt
472 General
Practices Act (FCPA)
Hazardous materials
526 General
(HazMat)
Importer of Record
545 General
(IOR)
Importer of Record
546 General
(IOR)
Importer Security Filing
547 General
(ISF)
548 General In bond
549 General In Gate
International Buyer
567 General
Program (IBP)
International Maritime
568 General
Organization (IMO)
International Trade
569 General
Administration (ITA)
570 General Invoice
Merchandise Processing
615 General
Fee (MPF)
Multilateral
618 General Development Bank
(MDB)
NAFTA Certificate of
619 General
Origin
NLR: No License
623 General
Required
Non-Vessel Operating
625 General Common Carrier
(NVOCC)
North American Free
626 General Trade Agreement
(NAFTA)
627 General Notify Party
628 General Notify Party
629 General NVD
Packing Declaration
656 General
ISPM15
Parcel/package/small
665 General
parcel/small package
Partner Government
667 General
Agency (PGA)
Phytosanitary inspection
675 General
certificate
676 General Pier
Power of Attorney
695 General
(POA)
696 General PPI
697 General Prepaid
698 General Pre-payment
Principal Party of
700 General
Interest (USPPI)
Reverse Intermodal
725 General
Inland Point (RIPI)
S.A.S.O: Certificate of
732 General Conformity (Specific to
Saudi Arabia)
SDN: Specially
741 General
Designated National
Secondary Market
744 General
Research
Security Manifest
745 General
Document Fee (SMDF)
Shipper’s Export
756 General
Declaration (SED)
Shipper’s Letter of
757 General
Instructions (SLI)
758 General Shipper's agent
Shipper's Letter of
759 General
Instruction (SLI)
Temporary Importation
794 General
under Bond
806 General TL
807 General To Order
US Trade Representative
846 General
(USTR)
871 Abbreviation 2H
872 Abbreviation A/S
873 Abbreviation A&CP
874 Abbreviation A/C
875 Abbreviation A/C
876 Abbreviation A/D
877 Abbreviation A/M
878 Abbreviation A/O
879 Abbreviation A/S
880 Abbreviation A/S
881 Abbreviation AA
882 Abbreviation AA
883 Abbreviation AA
884 Abbreviation AA
885 Abbreviation AAA
886 Abbreviation AAAA
887 Abbreviation AAOSA
888 Abbreviation AAR
889 Abbreviation AARA
890 Abbreviation AB
891 Abbreviation AB
892 Abbreviation AB
893 Abbreviation ABS
894 Abbreviation ABT
895 Abbreviation AC
896 Abbreviation AC
897 Abbreviation AC
898 Abbreviation ACC
899 Abbreviation ACC
900 Abbreviation ACK
901 Abbreviation ACV
902 Abbreviation AD
903 Abbreviation AD
904 Abbreviation AD
905 Abbreviation ADCOM
906 Abbreviation ADF
907 Abbreviation ADJ
908 Abbreviation ADV
909 Abbreviation ADVT
910 Abbreviation AF
911 Abbreviation AF
912 Abbreviation AF
913 Abbreviation AFFF
914 Abbreviation AFRA
915 Abbreviation AG
916 Abbreviation AGB
917 Abbreviation AGC
918 Abbreviation AGT
919 Abbreviation AGW
920 Abbreviation AGW
921 Abbreviation AH
922 Abbreviation AHD
923 Abbreviation AHL
924 Abbreviation AHTS
925 Abbreviation AIS
926 Abbreviation ALERT
927 Abbreviation ALRS
928 Abbreviation ALT
929 Abbreviation AM
930 Abbreviation AM
931 Abbreviation AMSL
932 Abbreviation AMT
933 Abbreviation AMVER
934 Abbreviation AMWELSH
935 Abbreviation ANERA
936 Abbreviation ANOP
937 Abbreviation ANSI
938 Abbreviation AO
939 Abbreviation AO
940 Abbreviation AOB
941 Abbreviation AOH
942 Abbreviation AOLOC
943 Abbreviation AOR
944 Abbreviation AOS
945 Abbreviation AOV
946 Abbreviation AP
947 Abbreviation AP
948 Abbreviation AP
949 Abbreviation API
950 Abbreviation APS
951 Abbreviation APT
952 Abbreviation ARPA
953 Abbreviation ASAP
954 Abbreviation ASBA
955 Abbreviation ASCII
956 Abbreviation ASPW
957 Abbreviation ASTM
958 Abbreviation ATA
959 Abbreviation ATD
960 Abbreviation ATDN
961 Abbreviation ATDNSHINC
962 Abbreviation ATK
963 Abbreviation ATL
964 Abbreviation ATS
965 Abbreviation ATSBE
966 Abbreviation ATSDO
967 Abbreviation ATSLO
968 Abbreviation ATUTC
969 Abbreviation ATUTC
970 Abbreviation AUV
971 Abbreviation AV
972 Abbreviation AVGAS
973 Abbreviation AVR
974 Abbreviation AVTAG
975 Abbreviation AWIWL
976 Abbreviation AWRI
977 Abbreviation AWTSBE
978 Abbreviation AWTSDO
979 Abbreviation AWTSLO
980 Abbreviation AWVNS
981 Abbreviation B
982 Abbreviation B/E
983 Abbreviation B/E
984 Abbreviation B/E
985 Abbreviation B/G
986 Abbreviation B/L
987 Abbreviation B/P
988 Abbreviation B/R
989 Abbreviation BA
990 Abbreviation BAF
991 Abbreviation BAL
992 Abbreviation BB
993 Abbreviation BB
994 Abbreviation BB
995 Abbreviation BB
996 Abbreviation BB
997 Abbreviation BB
998 Abbreviation BBB
999 Abbreviation BBC
1000 Abbreviation BBC
1001 Abbreviation BBLS
1002 Abbreviation BC
1003 Abbreviation BC
1004 Abbreviation BCH
1005 Abbreviation CHEMICALS
1006 Abbreviation BCM
1007 Abbreviation BCO
1008 Abbreviation BD
1009 Abbreviation BDC
1010 Abbreviation BDI
1011 Abbreviation BDI
1012 Abbreviation BDLS
1013 Abbreviation BDS
1014 Abbreviation BENDS
1015 Abbreviation BFI
1016 Abbreviation BG
1017 Abbreviation BH
1018 Abbreviation BHD
1019 Abbreviation BHP
1020 Abbreviation BI
1021 Abbreviation BIC
1022 Abbreviation BIFFEX
1023 Abbreviation BIMCO
1024 Abbreviation BKGE
1025 Abbreviation BKR
1026 Abbreviation BLS
1027 Abbreviation BLU
1028 Abbreviation BM
1029 Abbreviation BM
1030 Abbreviation BN
1031 Abbreviation BO
1032 Abbreviation BO
1033 Abbreviation BO
1034 Abbreviation BOA
1035 Abbreviation BOB
1036 Abbreviation BOB
1037 Abbreviation BOD
1038 Abbreviation BOFFERS
1039 Abbreviation BOL
1040 Abbreviation BOP
1041 Abbreviation BOR
1042 Abbreviation BOT
1043 Abbreviation BP
1044 Abbreviation BP
1045 Abbreviation BP
1046 Abbreviation BRLS
1047 Abbreviation BROB
1048 Abbreviation BS
1049 Abbreviation BS
1050 Abbreviation BS
1051 Abbreviation BS
1052 Abbreviation BS
1053 Abbreviation BSC
1054 Abbreviation BSC
1055 Abbreviation BSI
1056 Abbreviation BSS
1057 Abbreviation BSS
1058 Abbreviation BST
1059 Abbreviation BST
1060 Abbreviation BT
1061 Abbreviation BV
1062 Abbreviation BW
1063 Abbreviation BW
1064 Abbreviation BWAD
1065 Abbreviation BWDD
1066 Abbreviation BWT
1067 Abbreviation C/E
1068 Abbreviation C/N
1069 Abbreviation C/N
1070 Abbreviation C/O
1071 Abbreviation C/P
1072 Abbreviation CABAF
1073 Abbreviation CAD
1074 Abbreviation CAF
1075 Abbreviation CBD
1076 Abbreviation CBFT
1077 Abbreviation CBM
1078 Abbreviation CBM
1079 Abbreviation CBR
1080 Abbreviation CBS
1081 Abbreviation CBT
1082 Abbreviation CC
1083 Abbreviation CC
1084 Abbreviation CC
1085 Abbreviation CCG
1086 Abbreviation CCS
1087 Abbreviation CD
1088 Abbreviation CENSA
1089 Abbreviation CES
1090 Abbreviation CFR
1091 Abbreviation CFS
1092 Abbreviation CFT
1093 Abbreviation CG
1094 Abbreviation CGA
1095 Abbreviation CHABE
1096 Abbreviation CHOPT
1097 Abbreviation CHTRS
1098 Abbreviation CIF
1099 Abbreviation CIF&E
1100 Abbreviation CIF&I
1101 Abbreviation CIFC
1102 Abbreviation CIFC&I
1103 Abbreviation CIM
1104 Abbreviation PAR
1105 Abbreviation CIP
1106 Abbreviation CIP
1107 Abbreviation CIT
1108 Abbreviation CKD
1109 Abbreviation CLC
1110 Abbreviation CLP
1111 Abbreviation CMI
1112 Abbreviation CMR
1113 Abbreviation COA
1114 Abbreviation COACP
1115 Abbreviation COB
1116 Abbreviation COC
1117 Abbreviation COD
1118 Abbreviation COF
1119 Abbreviation COFC
1120 Abbreviation COGS
1121 Abbreviation COGSA
1122 Abbreviation COMBIDOC
1123 Abbreviation CONS
1124 Abbreviation COP
1125 Abbreviation COT
1126 Abbreviation COW
1127 Abbreviation CP
1128 Abbreviation CPD
1129 Abbreviation CPP
1130 Abbreviation CPP
1131 Abbreviation CPT
1132 Abbreviation CQD
1133 Abbreviation CR
1134 Abbreviation CR
1135 Abbreviation CRN
1136 Abbreviation CROB
1137 Abbreviation CRS
1138 Abbreviation CSC
1139 Abbreviation CSM
1140 Abbreviation CSO
1141 Abbreviation CSR
1142 Abbreviation CSR
1143 Abbreviation CST
1144 Abbreviation CST
1145 Abbreviation CT
1146 Abbreviation CTL
1147 Abbreviation CTO
1148 Abbreviation CTR
1149 Abbreviation CUFT
1150 Abbreviation CVS
1151 Abbreviation CY
1152 Abbreviation D/D
1153 Abbreviation D/D
1154 Abbreviation DA
1155 Abbreviation DAMFORDET
1156 Abbreviation DAP
1157 Abbreviation DAPS
1158 Abbreviation DAS
1159 Abbreviation DB
1160 Abbreviation DBT
1161 Abbreviation DC
1162 Abbreviation DD
1163 Abbreviation DD
1164 Abbreviation DDC
1165 Abbreviation DDP
1166 Abbreviation DDU
1167 Abbreviation DEL
1168 Abbreviation DEM
1169 Abbreviation DEQ
1170 Abbreviation DES
1171 Abbreviation DESP
1172 Abbreviation DET
1173 Abbreviation DG
1174 Abbreviation DG
1175 Abbreviation DGN
1176 Abbreviation DGPS
1177 Abbreviation DHD
1178 Abbreviation DHDATSBE
1179 Abbreviation DHDWTSBE
1180 Abbreviation DIC
1181 Abbreviation DIS
1182 Abbreviation DISPORT
1183 Abbreviation DIST
1184 Abbreviation DK
1185 Abbreviation DKVD
1186 Abbreviation DLOSP
1187 Abbreviation DNRCAOSLONL
1188 Abbreviation DNV
1189 Abbreviation DO
1190 Abbreviation DOC
1191 Abbreviation DOLSP
1192 Abbreviation DOP
1193 Abbreviation DOSP
1194 Abbreviation DOT
1195 Abbreviation DP
1196 Abbreviation DPP
1197 Abbreviation DR
1198 Abbreviation DRC
1199 Abbreviation DRK
1200 Abbreviation DSC
1201 Abbreviation DSHA
1202 Abbreviation DT
1203 Abbreviation DWAT
1204 Abbreviation DWAT
1205 Abbreviation DWCC
1206 Abbreviation DWCT
1207 Abbreviation DWT
1208 Abbreviation EASC
1209 Abbreviation EC
1210 Abbreviation ECDIS
1211 Abbreviation ECS
1212 Abbreviation ECSA
1213 Abbreviation ECSI
1214 Abbreviation ECTU
1215 Abbreviation EDH
1216 Abbreviation EDI
1217 Abbreviation EDIFACT
1218 Abbreviation TRANSPORT
1219 Abbreviation EDP
1220 Abbreviation EEBD
1221 Abbreviation EHC
1222 Abbreviation EHP
1223 Abbreviation EITC
1224 Abbreviation EIU
1225 Abbreviation ELSA
1226 Abbreviation ELVENT
1227 Abbreviation EMF
1228 Abbreviation ENC
1229 Abbreviation EOP
1230 Abbreviation EORI
1231 Abbreviation EOSP
1232 Abbreviation EPIRB
1233 Abbreviation ER
1234 Abbreviation ESC
1235 Abbreviation ESD
1236 Abbreviation ESPO
1237 Abbreviation ETA
1238 Abbreviation ETB
1239 Abbreviation ETCD
1240 Abbreviation ETD
1241 Abbreviation ETR
1242 Abbreviation ETS
1243 Abbreviation EXW
1244 Abbreviation F&CC
1245 Abbreviation F&D
1246 Abbreviation FA
1247 Abbreviation FAA
1248 Abbreviation FAC
1249 Abbreviation FAC
1250 Abbreviation FACCOP
1251 Abbreviation FAF
1252 Abbreviation FAK
1253 Abbreviation FAOP
1254 Abbreviation FAQ
1255 Abbreviation FAS
1256 Abbreviation FBL
1257 Abbreviation FC
1258 Abbreviation FCA
1259 Abbreviation FCAR
1260 Abbreviation FCL
1261 Abbreviation FCR
1262 Abbreviation FCS
1263 Abbreviation FCT
1264 Abbreviation FD
1265 Abbreviation FD
1266 Abbreviation FD
1267 Abbreviation FD&D
1268 Abbreviation FDD
1269 Abbreviation FDESP
1270 Abbreviation FDIS
1271 Abbreviation FEFC
1272 Abbreviation FEMAS
1273 Abbreviation CONSULTANTS
1274 Abbreviation FERIT
1275 Abbreviation FEU
1276 Abbreviation FFA
1277 Abbreviation FFA
1278 Abbreviation FFI
1279 Abbreviation FGA
1280 Abbreviation FHEX
1281 Abbreviation FHINC
1282 Abbreviation FI
1283 Abbreviation FIATA
1284 Abbreviation FIB
1285 Abbreviation FIB
1286 Abbreviation FILO
1287 Abbreviation FILO
1288 Abbreviation FILTD
1289 Abbreviation FIO
1290 Abbreviation FIO
1291 Abbreviation FIOLS
1292 Abbreviation FIOLS
1293 Abbreviation FIOLS&D
1294 Abbreviation FIOS
1295 Abbreviation FIOST
1296 Abbreviation FIOT
1297 Abbreviation FIT
1298 Abbreviation FIT
1299 Abbreviation FIW
1300 Abbreviation FIXING
1301 Abbreviation FLATPACKING
1302 Abbreviation FLT
1303 Abbreviation FLT
1304 Abbreviation FMC
1305 Abbreviation FMS
1306 Abbreviation FO
1307 Abbreviation FO
1308 Abbreviation FO
1309 Abbreviation FO
1310 Abbreviation FO
1311 Abbreviation FOB
1312 Abbreviation FOB’S
1313 Abbreviation FOC
1314 Abbreviation FOC
1315 Abbreviation FOD
1316 Abbreviation FOFFER
1317 Abbreviation FOG
1318 Abbreviation FONASBA
1319 Abbreviation FOQ
1320 Abbreviation FOR
1321 Abbreviation FOS
1322 Abbreviation FOT
1323 Abbreviation FOT
1324 Abbreviation FOW
1325 Abbreviation FOW
1326 Abbreviation FOW
1327 Abbreviation FPA
1328 Abbreviation FPDSO
1329 Abbreviation FPSO
1330 Abbreviation FPT
1331 Abbreviation FROF
1332 Abbreviation FRP
1333 Abbreviation FRT
1334 Abbreviation FSO
1335 Abbreviation FSU
1336 Abbreviation FTW
1337 Abbreviation FW
1338 Abbreviation FWA
1339 Abbreviation FWAD
1340 Abbreviation FWDD
1341 Abbreviation FWE
1342 Abbreviation FYG
1343 Abbreviation FYI
1344 Abbreviation G/B
1345 Abbreviation GA
1346 Abbreviation GA
1347 Abbreviation GATT
1348 Abbreviation GL
1349 Abbreviation GLONASS
1350 Abbreviation GLS
1351 Abbreviation GMDSS
1352 Abbreviation GMT
1353 Abbreviation GN
1354 Abbreviation GNCN
1355 Abbreviation GO
1356 Abbreviation GOC
1357 Abbreviation GP
1358 Abbreviation GPS
1359 Abbreviation GPU
1360 Abbreviation GRD
1361 Abbreviation GRI
1362 Abbreviation GRT
1363 Abbreviation GSB
1364 Abbreviation GSP
1365 Abbreviation GT
1366 Abbreviation GT
1367 Abbreviation GTEE
1368 Abbreviation GW
1369 Abbreviation GW
1370 Abbreviation HA
1371 Abbreviation HAT
1372 Abbreviation HBF
1373 Abbreviation HD
1374 Abbreviation HDLTSBENDS
1375 Abbreviation HDWTS
1376 Abbreviation HFO
1377 Abbreviation HHDW
1378 Abbreviation HHDWS
1379 Abbreviation HHW
1380 Abbreviation HHWI
1381 Abbreviation HHWL
1382 Abbreviation HLA
1383 Abbreviation HLW
1384 Abbreviation HLWI
1385 Abbreviation HMB
1386 Abbreviation HMS
1387 Abbreviation HMS
1388 Abbreviation HO
1389 Abbreviation HP
1390 Abbreviation HR
1391 Abbreviation HSC
1392 Abbreviation HSD
1393 Abbreviation HSS
1394 Abbreviation HSSE
1395 Abbreviation HTS
1396 Abbreviation HW
1397 Abbreviation HWI
1398 Abbreviation HWLI
1399 Abbreviation HWM
1400 Abbreviation HWN
1401 Abbreviation HWONT
1402 Abbreviation HWOST
1403 Abbreviation HWS
1404 Abbreviation HWT
1405 Abbreviation IACS
1406 Abbreviation IAF
1407 Abbreviation IALA
1408 Abbreviation IAPH
1409 Abbreviation IAPP
1410 Abbreviation IBC
1411 Abbreviation CARRYING
1412 Abbreviation IBIA
1413 Abbreviation ICC
1414 Abbreviation ICC
1415 Abbreviation ICS
1416 Abbreviation ICS
1417 Abbreviation IDL
1418 Abbreviation IFF
1419 Abbreviation IFO
1420 Abbreviation IFP
1421 Abbreviation IGC
1422 Abbreviation CARRYING
1423 Abbreviation IGS
1424 Abbreviation IHO
1425 Abbreviation IHP
1426 Abbreviation ILOHC
1427 Abbreviation IMB
1428 Abbreviation IMDG
1429 Abbreviation IMO
1430 Abbreviation IMOSAR
1431 Abbreviation IMPA
1432 Abbreviation IN
1433 Abbreviation INCOTERMS
1434 Abbreviation IND
1435 Abbreviation INF
1436 Abbreviation INTERNATIONAL
1437 Abbreviation NUCLEAR
1438 Abbreviation SHIPS
1439 Abbreviation INMARSAT
1440 Abbreviation INTERTANKO
1441 Abbreviation IOPP
1442 Abbreviation IOR
1443 Abbreviation IP
1444 Abbreviation IRO
1445 Abbreviation IRS
1446 Abbreviation ISDN
1447 Abbreviation ISF
1448 Abbreviation ISGOTT
1449 Abbreviation ISM
1450 Abbreviation ISMA
1451 Abbreviation ISO
1452 Abbreviation ISPP
1453 Abbreviation ISPS
1454 Abbreviation ITF
1455 Abbreviation ITIC
1456 Abbreviation IU
1457 Abbreviation IUHTAUTC
1458 Abbreviation IUMI
1459 Abbreviation IWL
1460 Abbreviation IWO
1461 Abbreviation J&WO
1462 Abbreviation JIT
1463 Abbreviation KD
1464 Abbreviation KR
1465 Abbreviation KT
1466 Abbreviation KTS
1467 Abbreviation KVA
1468 Abbreviation KW
1469 Abbreviation L/D
1470 Abbreviation LASH
1471 Abbreviation LAT
1472 Abbreviation LAT
1473 Abbreviation LAY/CAN
1474 Abbreviation LBP
1475 Abbreviation LCF
1476 Abbreviation LCL
1477 Abbreviation LDD
1478 Abbreviation LDF
1479 Abbreviation LDG/UNLDG
1480 Abbreviation LDPT
1481 Abbreviation LES
1482 Abbreviation LFL
1483 Abbreviation LHW
1484 Abbreviation LHWI
1485 Abbreviation LIFO
1486 Abbreviation LISCR
1487 Abbreviation LLA
1488 Abbreviation LLW
1489 Abbreviation LLWI
1490 Abbreviation LLWL
1491 Abbreviation LM
1492 Abbreviation LMSS
1493 Abbreviation LNG
1494 Abbreviation LO
1495 Abbreviation LO/LO
1496 Abbreviation LOA
1497 Abbreviation LOF
1498 Abbreviation LOI
1499 Abbreviation LOP
1500 Abbreviation LOP
1501 Abbreviation LOW
1502 Abbreviation LPG
1503 Abbreviation LR
1504 Abbreviation LS
1505 Abbreviation LS&D
1506 Abbreviation LSA
1507 Abbreviation LSD
1508 Abbreviation LT
1509 Abbreviation LT
1510 Abbreviation LT
1511 Abbreviation LT
1512 Abbreviation LTF
1513 Abbreviation LW
1514 Abbreviation LW
1515 Abbreviation LWL
1516 Abbreviation LWL
1517 Abbreviation LWNA
1518 Abbreviation LWONT
1519 Abbreviation LWOST
1520 Abbreviation M/R
1521 Abbreviation M/T
1522 Abbreviation M/V
1523 Abbreviation M/V
1524 Abbreviation MARPOL
1525 Abbreviation MB
1526 Abbreviation MBL
1527 Abbreviation MCA
1528 Abbreviation MCO
1529 Abbreviation MCR
1530 Abbreviation MDO
1531 Abbreviation MED
1532 Abbreviation MEPC
1533 Abbreviation MERSAR
1534 Abbreviation MES
1535 Abbreviation MFO
1536 Abbreviation MGO
1537 Abbreviation MGW
1538 Abbreviation MHHW
1539 Abbreviation MHHWS
1540 Abbreviation MHLW
1541 Abbreviation MHW
1542 Abbreviation MHWI
1543 Abbreviation MHWN
1544 Abbreviation MHWS
1545 Abbreviation MID
1546 Abbreviation MIN
1547 Abbreviation MLB
1548 Abbreviation MLD
1549 Abbreviation MLHW
1550 Abbreviation MLLW
1551 Abbreviation MLLWS
1552 Abbreviation MLW
1553 Abbreviation MLWI
1554 Abbreviation MLWN
1555 Abbreviation MLWS
1556 Abbreviation MMSS
1557 Abbreviation MOB
1558 Abbreviation MODU
1559 Abbreviation MOL
1560 Abbreviation MOLCHOPT
1561 Abbreviation MOLCO
1562 Abbreviation MOLOO
1563 Abbreviation MOLOO
1564 Abbreviation MOT
1565 Abbreviation MS
1566 Abbreviation MSA
1567 Abbreviation MSA
1568 Abbreviation MSB
1569 Abbreviation MSC
1570 Abbreviation MSG
1571 Abbreviation MSI
1572 Abbreviation MSL
1573 Abbreviation MSL
1574 Abbreviation MT
1575 Abbreviation MT
1576 Abbreviation MTBE
1577 Abbreviation MTC
1578 Abbreviation MTD
1579 Abbreviation MTL
1580 Abbreviation MTO
1581 Abbreviation MV
1582 Abbreviation N/T
1583 Abbreviation NAABSA
1584 Abbreviation NCB
1585 Abbreviation NCSA
1586 Abbreviation NCV
1587 Abbreviation NDT
1588 Abbreviation NEP/S
1589 Abbreviation NEW
1590 Abbreviation NKK
1591 Abbreviation NLS
1592 Abbreviation NMEA
1593 Abbreviation NOAA
1594 Abbreviation NOE
1595 Abbreviation NOE
1596 Abbreviation NOE
1597 Abbreviation NOP
1598 Abbreviation NOR
1599 Abbreviation NORA
1600 Abbreviation NORT
1601 Abbreviation NOS
1602 Abbreviation NPA
1603 Abbreviation NR
1604 Abbreviation NRAD
1605 Abbreviation NRT
1606 Abbreviation NS
1607 Abbreviation NSA
1608 Abbreviation NSPF
1609 Abbreviation NT
1610 Abbreviation NTM
1611 Abbreviation NUC
1612 Abbreviation NVO
1613 Abbreviation NVOC
1614 Abbreviation NVOCC
1615 Abbreviation NYPE
1616 Abbreviation O/C
1617 Abbreviation O/C
1618 Abbreviation OBO
1619 Abbreviation OCIMF
1620 Abbreviation OCP
1621 Abbreviation OD
1622 Abbreviation ODME
1623 Abbreviation ODP
1624 Abbreviation OH
1625 Abbreviation OHBC
1626 Abbreviation OO
1627 Abbreviation OO
1628 Abbreviation OOD
1629 Abbreviation OPA
1630 Abbreviation OPEC
1631 Abbreviation OPL
1632 Abbreviation OPRHNS
1633 Abbreviation INCIDENTS
1634 Abbreviation OR
1635 Abbreviation ORB
1636 Abbreviation ORC
1637 Abbreviation ORD
1638 Abbreviation OS
1639 Abbreviation OS&D
1640 Abbreviation OSB
1641 Abbreviation OSD
1642 Abbreviation OSD
1643 Abbreviation OSH
1644 Abbreviation OSP
1645 Abbreviation OSRA
1646 Abbreviation OSV
1647 Abbreviation OT
1648 Abbreviation OT
1649 Abbreviation OT
1650 Abbreviation OWS
1651 Abbreviation OWS
1652 Abbreviation P
1653 Abbreviation PANDI
1654 Abbreviation PASTUS
1655 Abbreviation PC
1656 Abbreviation PCC
1657 Abbreviation PCGO
1658 Abbreviation PCNT
1659 Abbreviation PCT
1660 Abbreviation PDM
1661 Abbreviation PDPR
1662 Abbreviation PEL
1663 Abbreviation PER
1664 Abbreviation PER
1665 Abbreviation PERDIEM
1666 Abbreviation PF
1667 Abbreviation PFSO
1668 Abbreviation PG
1669 Abbreviation PHPD
1670 Abbreviation PIC
1671 Abbreviation PL
1672 Abbreviation PLTCS
1673 Abbreviation PMQS
1674 Abbreviation PMS
1675 Abbreviation POB
1676 Abbreviation POR
1677 Abbreviation PP
1678 Abbreviation PP
1679 Abbreviation PP
1680 Abbreviation PPE
1681 Abbreviation PPM
1682 Abbreviation PPS
1683 Abbreviation PPT
1684 Abbreviation PRS
1685 Abbreviation PSC
1686 Abbreviation PSF
1687 Abbreviation PSI
1688 Abbreviation PSR
1689 Abbreviation PT
1690 Abbreviation PV
1691 Abbreviation PWWD
1692 Abbreviation QM
1693 Abbreviation QS
1694 Abbreviation R/T
1695 Abbreviation R/V
1696 Abbreviation RCC
1697 Abbreviation RCDS
1698 Abbreviation RCVR
1699 Abbreviation RDC
1700 Abbreviation RDF
1701 Abbreviation RECD
1702 Abbreviation RED
1703 Abbreviation REDELY
1704 Abbreviation RF
1705 Abbreviation RF
1706 Abbreviation RH
1707 Abbreviation RH
1708 Abbreviation RINA
1709 Abbreviation RINAV
1710 Abbreviation RLS
1711 Abbreviation RMS
1712 Abbreviation RMS
1713 Abbreviation RNM
1714 Abbreviation RNR
1715 Abbreviation RO/RO
1716 Abbreviation ROB
1717 Abbreviation ROC
1718 Abbreviation ROV
1719 Abbreviation RPC
1720 Abbreviation RPF
1721 Abbreviation RPM
1722 Abbreviation RPS
1723 Abbreviation RPT
1724 Abbreviation RS
1725 Abbreviation RS
1726 Abbreviation RT
1727 Abbreviation RTN
1728 Abbreviation RTW
1729 Abbreviation RVP
1730 Abbreviation RVT
1731 Abbreviation RVTG
1732 Abbreviation RX
1733 Abbreviation S&P
1734 Abbreviation SAFCON
1735 Abbreviation SANR
1736 Abbreviation SAR
1737 Abbreviation SARSAT
1738 Abbreviation SART
1739 Abbreviation SATCOM
1740 Abbreviation SB
1741 Abbreviation SBM
1742 Abbreviation SBS
1743 Abbreviation SBT
1744 Abbreviation SC
1745 Abbreviation SC
1746 Abbreviation SCNT
1747 Abbreviation SD
1748 Abbreviation SD
1749 Abbreviation SD
1750 Abbreviation SD
1751 Abbreviation SDR
1752 Abbreviation SELFD
1753 Abbreviation SF
1754 Abbreviation SF
1755 Abbreviation SF
1756 Abbreviation (2,240
1757 Abbreviation SG
1758 Abbreviation SHEX
1759 Abbreviation SHINC
1760 Abbreviation SHP
1761 Abbreviation SIGTTO
1762 Abbreviation SLA
1763 Abbreviation SMC
1764 Abbreviation SMS
1765 Abbreviation SN
1766 Abbreviation SNST
1767 Abbreviation SO
1768 Abbreviation SOC
1769 Abbreviation SOF
1770 Abbreviation SOFAR
1771 Abbreviation SOL
1772 Abbreviation SOLAS
1773 Abbreviation SONAR
1774 Abbreviation SOPEP
1775 Abbreviation SP
1776 Abbreviation SP
1777 Abbreviation SPC
1778 Abbreviation SPD
1779 Abbreviation SPM
1780 Abbreviation SRBL
1781 Abbreviation SRL
1782 Abbreviation SS
1783 Abbreviation SS
1784 Abbreviation SSB
1785 Abbreviation SSHEX
1786 Abbreviation SSHINC
1787 Abbreviation SSN
1788 Abbreviation SSO
1789 Abbreviation SSW
1790 Abbreviation ST
1791 Abbreviation ST
1792 Abbreviation STBY
1793 Abbreviation STC
1794 Abbreviation STCW
1795 Abbreviation STD
1796 Abbreviation STEL
1797 Abbreviation STL
1798 Abbreviation SUB
1799 Abbreviation SWAD
1800 Abbreviation SWASH
1801 Abbreviation SWATH
1802 Abbreviation SWBM
1803 Abbreviation SWDD
1804 Abbreviation SWL
1805 Abbreviation T&G
1806 Abbreviation T&P
1807 Abbreviation T&S
1808 Abbreviation TBA
1809 Abbreviation TBA
1810 Abbreviation TBA
1811 Abbreviation TBN
1812 Abbreviation TBN
1813 Abbreviation TBN
1814 Abbreviation TBO
1815 Abbreviation TBS
1816 Abbreviation TC
1817 Abbreviation TC
1818 Abbreviation TC
1819 Abbreviation TC
1820 Abbreviation TCE
1821 Abbreviation TCP
1822 Abbreviation TCT
1823 Abbreviation TD
1824 Abbreviation TD
1825 Abbreviation TDC
1826 Abbreviation TDW
1827 Abbreviation TDW
1828 Abbreviation TDWAT
1829 Abbreviation TDWAT
1830 Abbreviation TE
1831 Abbreviation TEU
1832 Abbreviation TF
1833 Abbreviation THC
1834 Abbreviation TIP
1835 Abbreviation TL
1836 Abbreviation TL
1837 Abbreviation TLO
1838 Abbreviation TM
1839 Abbreviation TO
1840 Abbreviation TOFC
1841 Abbreviation TOP
1842 Abbreviation TOVALOP
1843 Abbreviation POLLUTION
1844 Abbreviation TPC
1845 Abbreviation TPD
1846 Abbreviation TPI
1847 Abbreviation TPT
1848 Abbreviation TR
1849 Abbreviation TRND
1850 Abbreviation TS
1851 Abbreviation TS
1852 Abbreviation TST
1853 Abbreviation TT
1854 Abbreviation TT
1855 Abbreviation TTL
1856 Abbreviation TVP
1857 Abbreviation TW
1858 Abbreviation TW
1859 Abbreviation TWA
1860 Abbreviation UBC
1861 Abbreviation UCAE
1862 Abbreviation UCT
1863 Abbreviation UFL
1864 Abbreviation UHF
1865 Abbreviation UKC
1866 Abbreviation ULCC
1867 Abbreviation ULCS
1868 Abbreviation UMS
1869 Abbreviation UNCTAD
1870 Abbreviation USC
1871 Abbreviation USCG
1872 Abbreviation UT
1873 Abbreviation UU
1874 Abbreviation UUIWCTAUTC
1875 Abbreviation VA
1876 Abbreviation VC
1877 Abbreviation VC
1878 Abbreviation VDR
1879 Abbreviation VEC
1880 Abbreviation VHF
1881 Abbreviation VIOS
1882 Abbreviation VLCC
1883 Abbreviation VLF
1884 Abbreviation VOCC
1885 Abbreviation VOP
1886 Abbreviation VPD
1887 Abbreviation VSL
1888 Abbreviation W
1889 Abbreviation W
1890 Abbreviation W/B
1891 Abbreviation W/M
1892 Abbreviation W/P
1893 Abbreviation WA
1894 Abbreviation WBA
1895 Abbreviation WBT
1896 Abbreviation WD
1897 Abbreviation WECM
1898 Abbreviation WEF
1899 Abbreviation WFA
1900 Abbreviation WIBON
1901 Abbreviation WICCON
1902 Abbreviation WIFPON
1903 Abbreviation WIPON
1904 Abbreviation WL
1905 Abbreviation WLTOHC
1906 Abbreviation WMO
1907 Abbreviation WNA
1908 Abbreviation WOG
1909 Abbreviation WOG
1910 Abbreviation WP
1911 Abbreviation WPA
1912 Abbreviation WPD
1913 Abbreviation WRIC
1914 Abbreviation WRO
1915 Abbreviation WS
1916 Abbreviation WT
1917 Abbreviation WT
1918 Abbreviation WT
1919 Abbreviation WTS
1920 Abbreviation WTSBE
1921 Abbreviation WVNS
1922 Abbreviation WWD
1923 Abbreviation WWDSHEX
1924 Abbreviation WWR
1925 Abbreviation WWRCD
1926 Abbreviation WWWW
1927 Abbreviation YAR
1928 Abbreviation Z
1929 Abbreviation ZT
DESCRIPTION
From the beginning
The right a marine assured has to abandon property in order to establish a constructive total loss. An underwriter is not oblige
accept abandonment, but if he does he accepts responsibility for the property and liabilities attaching thereto, in addition to be
liable for the full sum insured.
Classification of items in an inventory according to importance defined in terms of criteria such as sales volume and purchase
volume.
A bill of exchange signed by the party upon whom it is drawn in token of acceptance of responsibility for its payment.
A carrier's ability to provide service between an origin and a destination.
A carrier's charge for accessorial services such as loading, unloading, pickup, and delivery.
An Accessorial Handling Tariff is applied to shipping invoices for extra services provided that are not included within the init
estimate for services.
The Automated Commercial Environment is the online web portal used to report data to the Automated Export System (AES)
An inevitable event occurring without the intervention of man — such as flood, tempest, or death — operating in case of certa
contracts, such as those of insurers or carriers.
An alert that an MRP or DRP system generates to inform the controller of a situation requiring his or her attention.
Goods in active pick locations and ready for order filling.
A method of cost management that identifies business activities performed, accumulates costs associated with these activities
uses various cost drivers to trace costs of activities to the products.
Total weight of a container, i.e. the weight of the payload plus empty container weight,together with any loose internal fitting
The difference between the actual gross weight and the gross tare weight of a container.
This relates to an insurance policy and can occur in any of four ways - 1) The property is completely destroyed. 2) The owner
irretrievably deprived of the property. 3) Goods change their character to such a degree that they can be said to be no longer th
insured by the policy. 4) The subject matter of the insurance, be it ship or goods on board the ship.
According to the value. For example, an import duty rate of 10% ad valorem means 10% of the value of the goods.
Administration fee covers the cost of additional time and work required in getting payments made on our customers’ behalf.
A draft on a shipowner for wages, given to a seaman on signing Articles of Agreement and redeemable after the ship has saile
the seaman on board.
Cash in Advance.
A list transmitted to a customer or consignor designating items shipped. May also include expected time of arrival.
The Automated Export System is the system used by the U.S. government to collect data on exports. This data is called Electr
Export Information (EEI) and in many cases exporters are legally required to file the EEI through AES for each shipment. Th
Census Bureau uses this data to calculate trade statistics such as gross domestic product (GDP), while U.S. Customs and Bord
Protection (CBP) uses it to make sure that exporters are following U.S. export regulations.
The Alameda Corridor fee is imposed by the terminals on container shipments that move through the ports of Los Angeles an
Beach via rail to inland destinations. It is designed to cover the operating and construction costs of the Alameda Corridor Tran
Authority.
Vessel designed to carry containers only and no other cargo.
All Risks Coverage, a type of marine insurance, is the broadest kind of standard coverage, but excludes damage caused by wa
strikes, and riots.
Term used when the transportation is completely by water.
An air carrier that transports cargo only
An attachment to a bill of exchange for carrying additional endorsements after the back of the bill has been filled with names.
A rate that applies to any size shipment tendered to a carrier; no discount rate is available for large shipments.
Australian Port Charges Additional, the port charges passed on by shipping companies to importers for FCLs
When freight appears to be free of damage after being assessed it is said to be in apparent good order.
The buyer who has requested his bank to arrange an L/C on his behalf. In some countries where the buyer may have trouble a
an import license, the applicant may be a third party acting on behalf of the buyer.
The submitting of matters of controversy to judgment by persons selected by all parties to the dispute.
Process of resolving a dispute or a grievance outside of the court system by presenting it to an impartial third party or panel fo
decision that may or may not be binding.
The detention of a vessel until the purpose of the arrest has been fulfilled.
Notification provided by the carrier when a shipment has arrived to the consignee or notify party.
A person who officially estimates the value of goods for the purpose of apportioning the sum payable in the settlement of clai
The transfer of rights, duties, responsibilities, and benefits of an agreement, contract, or financial instrument to a third party.
A satellite system used by ships and vessel tracking service (VTS) to identify and locate ships.
A fortuitous partial loss of insured property proximately caused by an insured peril, but which is not a general average loss.
A person appointed by a shipowner to collect data, guarantees, etc. In relation to general aver age, and to calculate contributio
from the parties concerned to make good general average losses. The adjuster may also adjust claims on hull insurance policie
behalf of underwriters.
An agreement signed by all interested parties acknowledging their liability to pay a share of the loss under General Average.
Total cost, fixed plus variable, divided by total output.
Expenditure incurred by the shipowner in connection with a general average act or an act of salvage. Such expenditure, when
properly incurred, is recoverable from the G.A. or salvage fund created by the average adjuster, not from hull underwriters.
The right of an underwriter to avoid a contract of marine insurance. This can occur in the event of a breach of good faith by th
assured or by his broker or, in the case of a voyage policy, where the voyage does not commence within a reason able time af
acceptance of the risk by the underwriter.
The decision given by an arbitrator, to whom a matter in dispute has been referred. An arbitrator states only the effect of his d
without reasons, thus differing from a judge, who usually states the grounds of his judgment.
Payment due to the shipowner for the carriage of goods beyond the contract port owing to circumstances beyond the control o
shipowner.
The return movement of a means of transport that has provided a transport service in one direction.
The process a company uses when a customer orders an item that is not in inventory; the company fills the order when the ite
becomes available.
The owners of a ship are entitled to payment as freight for merchandise returned through the fault of either the consignees or
consignors. Such payment, which is over and above the normal freight, is called backfreight.
Cargo carried on a return journey.
Bunker Adjustment Factor – an adjustment to shipping companies’ freight rates to take into account fluctuations in the cost of
(bunkers) for their ships.
The surplus or deficit which results from comparing a country's exports and imports of merchandise only.
A large compressed, bound, and often wrapped bundle of a commodity, such as cotton or hay.
Freight that is low weight but high volume (light but bulky.)
A document issued by a bank acting as a guarantor for their customer. The bank’s guarantee is accepted because of their statu
creditworthiness compared to that of their customer. Often used in conjunction with major projects, in the form of Bid Bonds,
Performance Bonds and Warranty Bonds, commonly for 10% of the contract value, all of which provide the buyer with a mea
comfort should the seller not fulfil his obligations at various stages of the contract.
A form which may be required in the following circumstances by a shipowner to be completed by the consignee and counters
the consignee's bank: 1) When release of goods is required without production of the Bill of Lading (e.g. if the B/L has been l
When a clean B/L is called for on the Documentary Credit and the shipowner, for various reasons, wishes to clause the B/L. 3
Chamber of Commerce and Industry when issuing an ATA Carnet for goods to be temporarily exported from Australia.
Charterer hires a vessel for a long period, appoints the master and crew, and pays all running expenses.
The cargo-carrying vehicle which may or may not have its own propulsion mechanism for the purpose of transporting goods.
Primarily used by Inland water carriers, basic barges have open tops, but there are covered barges for both dry and liquid carg
Barges can be lashed together and either pushed or pulled by tugs, carrying cargo of 60,000 tons or more. Small barges for ca
cargo between ship and shore are known as lighters.
An act committed by the master or mariners of a vessel, for some unlawful or fraudulent purpose, contrary to their duty to the
whereby the latter sustain injury. It may include negligence, if so gross as to evidence fraud.
The exchange of commodities or services for other commodities or services rather than the purchase of commodities or servic
money.
The currency whose value is 'one', whenever a quote is made between two currencies.
Amount arrived at by the multiplication of freight in tonnes, by the Basic Service Rate (BSR).
Costs of ocean liner freight, wharfage and other port charges (at both port of departure and port of entry).
A pricing system that includes a transportation cost from a particular city or town in a zone or region even though the shipme
not originate at the basing point.
The picking of items from storage for more than one order at a time.
The width of a ship.
A windscale and sea disturbance table by which mariners grade the force of wind and height of waves, thus communicating th
general condition of the sea to others by the use of a wind force number.
A Beneficial Cargo Owner is (usually) a large importer who handles much of the import process themselves, rather than using
services of an NVOCC. A broader definition often used to describe a BCO is simply the party who owns the cargo.
The party that receives payment.
A bilateral agreement is one in which both parties agree to provide something for the other.
An unconditional order in writing, issued by the seller (drawer) instructing the buyer (drawee) to pay the seller’s bank (payee)
specified amount (normally the full invoice value) on demand (at sight) or at a fixed or determinable future time. A suitable fo
be obtained from the seller’s bank, or drawn up on a blank sheet of paper.
The document which covers transport by sea. Signed by the carrier, whether a shipping line or a freight forwarder, it serves as
receipt to the consignor for the goods, as evidence of the contract of transport containing the conditions of transport, and as a
document of title by which possession of the goods can be transferred. Typically a B/L is issued in a set of three signed origin
negotiables, one of which must be presented to claim the goods upon which the others become void.
A Bill of Lading is issued to a shipper detailing the method and path of a shipment. It is a contract for the movement of the go
and serves as a receipt for the cargo and can act as proof of ownership of the goods being transported.
The number assigned by the carrier to identify the bill of lading.
A bill of lading to cover goods from point of origin to final destination when interchange or transfer from one carrier to anoth
necessary to complete the journey.
A bill of sale is a legal document made by a 'seller' to a purchaser, reporting that on a specific date, at a specific locality, and f
particular sum of money or other "value received", the seller sold to the purchaser a specific item of personal, or parcel of rea
property of which he had lawful possession. It is a written instrument which evidences the transfer of title to personal property
the vendor, seller, to the vendee, buyer.
A carrier terminal activity that determines the proper rate and total charges for a shipment and issues a freight bill.
The party paying for goods or services in a transaction.
A strip of cardboard, thin wood, burlap, or similar material placed between layers of containers to hold a stack together.
A binding ruling is an official response from US Customs to an inquiry from an importer, such as a classification, country of
or valuation inquiries.
A rate that does not increase according to the distance a commodity is shipped.
Loading cargo close together to minimize movement of goods while in transit.
Wood or metal supports used to secure cargo while in transit. Also called dunnage.
Bobtail has two meanings. The first refers to a semi-truck that is running without a trailer. The second and more commonly us
reference for a bobtail is a truck that has all its axles attached to the same chassis.
A piece of equipment attached to a chassis or railcar in order to secure the container.
A bill of materials or product structure is a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components
and the quantities of each needed to manufacture a product.
The initial port of entry where a vessel transporting goods first arrives at a country.
Goods are held or transported In-Bond under customs control either until import duties or other charges are paid, or in order t
paying the duties or charges until a later date.
Bonded cargo is cargo traveling in bond, meaning it cannot be entered for US Consumption until a proper entry with US Cust
been performed. Bonded cargo is often used when goods are imported and immediately reexported, need to move to another p
before an entry is made, or have manufacturing exceptions.
Imported goods deposited in a Government ware house until duty is paid.
The Customs Service authorizes bonded warehouses for storage or manufacture of goods on which payment of duties is defer
the goods enter the Customs Territory. The goods are not subject to duties if re-shipped to foreign points.
An organization that is prepared to undertake an agreement to make good a financial guarantee on behalf of another responsib
such guarantee. Owners of vessels may obtain such a bond to satisfy a court and to obtain release of the vessel.
The act of requesting space and equipment aboard a vessel for cargo which is to be transported.
The number assigned to a certain space reservation by the carrier or the carrier's agent.
The pledge of a ship, or of her cargo, as security for repayment of money advanced to the master in an emergency, and of no a
the ship be lost.
The front of a vessel.
A propeller used to provide a transverse thrust to the bow of a ship and to assist movement in confined spaces.
Colloquial term for a shipping container.
An enclosed railcar, typically forty to fifty feet long, used for packaged freight and some bulk commodities.
To secure a shipment inside a carrier's vehicle to prevent damage.
Cargo that is shipped as a unit or package (for example: palletized cargo, boxed cargo, large machinery, trucks) but is not
containerized.
A general cargo vessel designed to efficiently handle un-containerised cargo. Vessels are usually self-sustaining in that they h
their own loading and unloading machinery.
The initial opening of hatches on entering port and the commencement of discharge of cargo.
Empty space in a container not occupied by cargo.
An agent employed (at a customary or an agreed rate of commission or remuneration) to buy or sell goods, merchandise or
marketable securities, or to negotiate insurances, freight rates or other matters, for a principal; the sales of trans actions being
negotiated not in his own name but in that of the principal.
Basic Service Rate Additional – the charge levied by shipping companies to importers for LCL cargo, including the port charg
transport to an unpacking depot (see CFS) subsequent sorting and storage of the goods and finally loading onto a vehicle colle
the goods for delivery to the buyer.
A quantity of goods or articles kept in storage to safeguard against unforeseen shortages or demands.
Cargo shipped in loose condition and of a homogeneous nature. Cargoes that are shipped unpackaged either dry, such as grain
ore, or liquid, such as petroleum products. Bulk service generally is not provided on a regularly scheduled basis, but rather as
on specialized ships, transporting a specific commodity.
A storage area for large items which at a minimum are most efficiently handled by the palletload.
Cargo that is shipped loose as opposed to being shipped in packages or containers. Grain and coal are examples of goods usua
shipped as bulk cargo.
Berths with facilities for mechanical loading or unloading of bulk products such as oil,grain, coal or mineral ores.
A device attached to the floor of a container which is used to secure cargo.
An occurrence where two or more products are combined into one transaction for a single price.
Bunker Adjustment Factor is a surcharge that accounts for vessel fuel cost. The BAF is tied to the price of fuel used by ocean
and determined by world bunker prices.
The process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related
information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.
An enterprise that arranges for the acquisition of goods or services and agrees to payment terms for such goods or services.
Means Combined Transport Document which is a document evidencing a contract for the performance and/or procurement of
performance of combined transport of goods.
A person (including any corporation, company or legal entity) issuing a combined transport document.
Coastal navigation, also used for reservation of transport within a country to its own shipping.
Currency Adjustment Factor – an adjustment to shipping companies’ freight rates to take into account the effect over time of
fluctuations in currency exchange rates.
(1) A secure enclosed area for storing highly valuable items, (2) a pallet-sized platform with sides that can be secured to the ti
forklift and in which a person may ride to inventory items stored well above the warehouse floor.
The Canadian Carbon tax applies on every shipment that moves through most of the Canadian Provinces, designed to help co
and businesses make more responsible choices to reduce their use of fossil fuels and related emissions.
Any goods being transported, regardless of the mode of transport.
Cargo insurance is coverage for your shipment from pickup to delivery, across multiple carriers and modes. It covers the purc
value (not retail value) of your goods, as well as freight and other costs associated with the cargo.
A document detailing the cargo carried on a ship, often provided to a customs authority.
The cargo ready date is the day the cargo is expected to be available at the supplier.
Holding sheds, next to shipping berths, where goods are held prior to or after loading.
The Cargo Surveyor is someone who inspects the way cargo is loaded and stowed onto ocean vessels. The surveyor checks to
sure cargo is loaded in compliance with laws to prevent accidents stemming from hazardous or improper loading procedures.
A document, normally issued by a Chamber of Commerce which is a member of the International Chamber of Commerce (IC
enable the holder to temporarily take merchandise into certain countries, as samples or for display purposes, without the need
import duty or pay a bond for the duty. The issuer will require the holder to give them security by way of a bank guarantee.
A carnet, often referred to as the “Passport for goods,” is an international Customs document that permits the tax-free and dut
temporary export and import of nonperishable goods for up to one year.
Paid To (CIP) Carriage and insurance paid for delivery to a named destination.
Act of Commonwealth parliament which came into force in 1991, repealing the Sea Carriage of Goods Act 1924 and giving f
the Hague Rules as amended by the Visby and SDR (Special Drawing Rights) Protocols for export of goods by sea from Aust
The Act also makes provision for entry into force of the Hamburg Rules on a date to be proclaimed.
An enterprise engaged in the business of transporting goods.
Carrier Maximum liability is the maximum amount a carrier will reimburse shippers for lost or damaged cargo. Each carrier a
mode are different, and this amount is always specified in the fine print on bills of lading.
The International Ship and Port Security was implemented as a result of 9/11, which regulates the safety of crews, vessels, ca
ports. The carrier security charge covers the employment, equipment, training and planning that a carrier incurs to follow the
requirements.
The right to retain possession of goods pending payment of overdue freight charges.
Cars completely unassembled and packed into cases. Part knocked down (PKD) i.e. cars partly assembled and packed into cas
Signed statement from the producer or exporter attesting that a product has been commercially sold within the country of orig
A document certifying that merchandise is in good condition immediately prior to being shipped.
A negotiable document indicating that insurance has been secured under an open policy to cover loss or damage to a shipmen
in transit.
A document certifying where goods were originally made, often abbreviated as COO. A COO specific to a particular free trad
agreement may be used to claim preferential duty treatment. A generic certificate of origin may be requested by the customs a
of the country of import, in which case the COO must be stamped by a chamber of commerce.
A Certificate of Origin is a document from a manufacturer or shipper that certifies that a good satisfies the rules of origin from
country from which it is being imported.
The Code of Federal Regulations is the codification of rules and regulations published in the U.S. Federal Register.
The seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to
goods passes when the products are on board the vessel. The seller must contract for and pay the costs and freight necessary t
the goods to the named port of destination.
Container Freight Station – place or depot where individual LCL cargo is loaded into, and unloaded from, containers.
Truck loading fees are charged at CFS stations on LCL cargo that is loaded or unloaded into containers. This fee goes to payin
the salaries of the warehouse workers in the CFS, usually on a per CBM basis.
A means by which a manufacturer distributes products from the plant to the ultimate user, including warehouses, brokers,
wholesalers, retailers, etc.
The shipment weight used in determining freight charges. The chargeable weight may be the dimensional weight or, for conta
shipments, the gross weight of the shipment less the tare weight of the container.
A contractual agreement between a ship owner and a cargo owner, usually arranged by a broker, whereby a ship is chartered (
either for one voyage or a period of time.
The tariff applied for chartering tonnage in a particular trade.
The person to whom is given the use of the whole of the carrying capacity of a ship for the transportation of cargo or passenge
stated port for a specified time.
A written contract between a shipowner and a charterer who rents use of the ship or part of its freight capacity. A voyage char
is a contract covering transport of goods from one or more ports to one or more ports and will detail the costs and responsibili
involved.
The base frame of a wheeled vehicle, used to secure a container prior to movement.
A chassis is the trailer used to transport ocean containers over the road.
A chassis split fee is charged if the trucker has to make an additional trip to pick up a chassis from a separate location than wh
container is picked up.
Chassis Usage Fee is the fee assessed for rental of the chassis.
Material (often wood) placed next to cargo to prevent excessive movement of the cargo during transit in order to avoid damag
When used in foreign trade, a commercial invoice is a customs document. It is used as a customs declaration provided by the
or corporation that is exporting an item across international borders.
The seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to
goods passes when the products are on the ship. The seller must contract for and pay the costs and freight necessary to bring t
goods to the named port of destination. The seller also contracts for insurance cover against the buyer’s risk of loss of or dam
the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum
Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to m
own extra insurance arrangements.
The seller has the same responsibilities as CPT, but they also contract for insurance cover against the buyer’s risk of loss of o
damage to the goods during the carriage. The buyer should note that under CIP the seller is required to obtain insurance only
minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with
seller or to make its own extra insurance arrangements.
A bill of lading indicating that the goods were received by the carrier in good order and condition, without any clauses declari
defective condition in the goods and/or their packing
Clean Truck Fee is assessed by the ports of Los Angeles and Long Beach as part of the Clear Air Action Plan in an effort to re
pollution.
Denotes that a vessel has complied with all the regulations for clearance outward. It is attached to the Victualling Bill by the C
officer who clears the vessel, and is then known as Outward Clearance.
A separate refrigeration unit which can be clipped on to an insulated container.
Certificate of Conformity e.g., C.O.C. SASO. A Certificate of Conformity or CoC is a mandatory document which is necessar
Customs clearance of exports to many countries around the globe. Approval or Certificate of Conformity is granted to a produ
meets a minimum set of regulatory, technical and safety requirements.
The sharing of an insurance risk between two or more parties, other than a contract of reinsurance.
Container with hinged sides, top etc. designed to be folded down to a small proportion (mostly about one quarter) of its erecte
volume. The term may also denote freight container, the major components of which can be dissembled and later reassembled
Freight payable to the carrier at the port of discharge or ultimate destination. The consignee does not pay the freight charge if
cargo does not arrive at the destination.
All documents (commercial invoices, bills of lading, etc.) submitted to a buyer for the purpose of receiving payment for a ship
An aircraft configured to carry both passengers and cargo on the Main Deck .
A ship designed to carry both conventional and containerised cargo.
Means the carriage of goods by at least two different modes of transport, from a place at which the goods are taken in charge
in one country to a place designated for delivery situated in a different country.
A B/L covering transport by shipping container from an inland place prior to the loading port, to an inland place beyond the
destination port. Most freight forwarders and shipping companies title their B/Ls as “Bill of Lading for Combined Transport o
to-Port shipment” or similar.
The international agency of national maritime law associations, authors of the Hague Rules.
A fixed short term (up to 180 days) finance facility at a fixed interest rate. An alternative to floating rate overdraft finance.
The Commercial Invoice confirms all of the details of the goods that have been shipped. This includes shipper & consignee’s
product information, pricing, currency and IncoTerm.
A Commercial Invoice is a document used for customs declaration that identifies the value and quantity of the shipped produc
A mixture of two or more cargoes which cannot be separated into the relevant consignments.
Any article exchanged in trade, most commonly used to refer to raw materials and agricultural products.
Any commercial good that is shipped.
A code describing a commodity or a group of commodities pertaining to goods classification. This code can be carrier tariff o
regulating in nature.
One who carries any type of goods, other than a carrier of special goods.
Law that derives authority from precedent, custom and usage rather than from statutes, particularly regarding the laws of the U
States, the United Kingdom, and countries formerly part of the British Empire.
Damage that is not evident from viewing the unopened package.
A group of vessel operators joined for the purpose of establishing freight rates.
An ocean carrier who is a member of an association known as a "conference." The purpose of the conference is to standardize
shipping practices, eliminate freight rate competition, and provide regularly scheduled service between specific ports.
Number of shipping companies who have combined their vessel facilities and capital resources in order to offer a shipping ser
the carriage of containers.
Right of marine assured to claim a total loss on the policy because of either: the property has been lost and recovery is unlikel
actual total loss appears to be unavoidable; or to prevent an actual total loss it would be necessary to incur an expenditure whi
would exceed the saved value of the property. To establish a claim for constructive total loss the assured must abandon what r
of the property to underwriters and give notice of his intention to do so.
A government official residing in a foreign country who represents the interests of their home country.
The seller’s commercial invoice certified, for a fee, in the exporting country by the consular representative of the importing co
Only required by some countries.
When goods are imported into the United States without any time or use restrictions. The official U.S. Customs and Border P
(CBP) website states that about 95% of all imports fall into this category.
A truck trailer loaded with cargo that can be detached for loading onto a vessel or railcar. Different types of containers exist f
different shipping needs. For example, a container may be ventilated, refrigerated, insulated, dehumidified, or equipped with
devices used to secure certain types of cargo.
A vehicle built for the purpose of transporting a container so that, when a container and chassis are assembled, the produced u
serves as a road trailer.
Container cleaning fees are assessed usually when invasive species are discovered in an import shipment, such as certain inse
noxious weed seeds that must be destroyed completely.
The storage area for empty containers.
A per diem charge is the fee the ocean carrier charges for each day past the number of “free” days that the container is away f
port. Per diem is also known as detention.
The location designated by carriers for receipt of cargo to be packed into containers/equipment by the carrier. At destination,
the location designated by the carrier for unpacking of cargo from equipment/containers.
Other names: container base; consolidation depot; depot;—where parcels of cargo are grouped and packedm into containers.
A Container Freight Station is where consolidated containers (of LCL Shipments) are packed and unpacked. They are bonded
facilities under Customs supervision and are usually the place where the ocean carrier will make LCL freight available for fin
delivery.
The charge assessed for services performed at the loading or discharge location.
An area designated for the stowage of cargoes in container; usually accessible by truck, railroad and marine transportation. He
containers are picked up, dropped off, maintained and housed.
Ship designed to carry ISO (International Standards Organisation) containers, in vertical cells within the holds. The container
is designed for maximum speed and efficiency,with a minimum of labour necessary for loading and unloading.
The location designated by the carrier for receiving, assembling, holding, storing, and delivering containers, and where contai
may be picked up by shippers or redelivered by consignees.
A container yard is where shippers will pick up or return empty containers.
The technique of using a boxlike device in which a number of packages are stored, protected, and handled as a single unit in t
A clause providing for the continuation of a hull policy beyond the natural expiry date.
Prohibited cargo such as illegal drugs or unauthorized weapons.
A legally binding agreement between two or more parties.
An alternative to the Deferred Rebate System. Shippers sign a contract in advance, either for yearly or indefinite periods, in w
they under take to confine all their shipments to Conference Line vessels.
The value of property saved by a general salvage or salvage act, on which the contribution by each interest to the loss is calcu
Berth suitable for conventional ships, either employing the ship's own derricks or supplementing with shore-based equipment
Ship designed with holds which can load almost any type of loose cargo, such as drums, sacks, crates, pallets etc. These ships
designed with their own derricks for loading and unloading.
Ship designed with its own on-board derricks for the loading of goods into the holds.
Any currency other than sterling, U.S. dollars or Canadian dollars.
An undertaking given by a cargo assured to an underwriter agreeing to reimburse the under writer in the event that the issue o
underwriter's guarantee to pay a general average contribution results in payment in excess of the amount properly due under t
policy.
A reciprocal trading agreement that includes a variety of transactions involving two or more parties.
The county of origin is where an article is wholly grown, produced, or manufactured, or if built from various foreign compon
country where the final transformation took place.
The seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such site is agr
between parties). The seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of
destination.
U.S. Customs and Border Protection established Customs-Trade Partnership Against Terrorism in November 2001 as a volun
partnership to help ensure supply chain security. Meeting C-TPAT standards enables faster processing through customs inspe
and formalities.
Abbreviation for “cubic” used when describing measurements of volume.
Refers to when a container or vessel has reached its volumetric capacity before reaching its weight capacity.
The carrying capacity of a piece of equipment according to measurement in cubic feet.
Cubic Meter is a measurement of volume one meter wide by one meter long by one meter high.
A charge levied by the Ocean Carrier over and above the ocean freight rate to cater for fluctuations over a period in actual cur
exchange rates as compared to those exchange rates set by the conferences as applying to various sailings.
Price at which the supplier is prepared to supply to any purchaser for home consumption in the country of export and at the da
export, similar goods in the usual wholesale quantities.
New for old deductions made by an average adjuster from the cost of repairs for general average damage to a ship over 15 yea
A government office where duties are paid and import and export paperwork are filed.
The government authorities designated to collect duties levied by a country on imports and exports.
Customs and Border Protection is the federal agency responsible for enforcing US customs regulations and passenger entry in
United States.
A warehouse authorized by customs to receive duty-free goods.
A firm that represents importers/exporters in dealings with customs. Normally responsible for obtaining and submitting all do
for clearing merchandise through customs, arranging inland transport, and paying all charges related to these functions.
The act of obtaining permission to import merchandise from another country into the importing nation.
Document that traditionally accompanies exported goods bearing such information as the nature of the goods, their value, the
consignee, and their ultimate destination. Required for statistical purposes, it accompanies all controlled goods being exported
the appropriate permit.
A tax, duty or tariff levied at the time of import upon goods entering a country. Usually based on the value of the goods (ad v
on the physical nature of the goods such as quantity or weight, or on a combination of the value and other factors.
A document produced by an importer to declare incoming foreign goods after which the importer will typically pay any impo
The customs entry statement is compared to the carrier’s vessel manifest to ensure the goods are accurately declared.
A customs entry is an importer’s declaration to US Customs about goods that are being entered into the US for consumption.
includes all information about a shipment’s origin, commodity type, value and quantity and is used to calculate import duties
taxes.
Customs Exams are inspections of imported cargo, ordered by US Customs. They can be visual, X-ray, or complete cargo ins
exams.
A Customs Exam Terminal is a Customs controlled examination site, usually near an ocean port, where full containers can be
for intensive inspection.
A 7501, or the Entry Summary, is the Customs Form that is created when a customs entry is made. It provides basic informati
about the shipment, but most importantly is how the duties and taxes are calculated, and what is owed for the import.
A document that contains a declaration by the seller, the shipper, or the agent as to the value of the shipment.
A phrase referring to local rules and practices which may impact a shipment.
Customs Trade Partnership Against Terrorism is a voluntary program for importers that help CBP increase security in the sup
chain.
Document used when the exporter extends credit to the buyer. It specifies a date on which payment is due, rather than a time p
with the time draft.
Stands for “doing business as,” used to specify that a company is doing business under a certain registered name.
The seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import on the arriving means
transport ready for unloading at the named place of destination. The seller bears all the costs and risks involved in bringing th
to the place of destination. They must clear the products not only for export but also for import, to pay any duty for both expo
import and to carry out all customs formalities.
Directorate of Defense Trade Controls (DDTC) is the government agency within the U.S. Department of State tasked with en
the International Traffic in Arms Regulations (ITAR), which regulate the export of space- and defense-related products.
Freight rate which is paid on empty space in the vessel when the charterer is responsible for the freight rate of a full cargo. It
be paid before sailing.
This is the actual number of tons of cargo, bunkers, stores, etc., that can be put on board a ship to bring her down to her "mark
Lengths of timber between 5ft. and 30ft in length and between 2 inches and 9 inches thick.
The National Association of District Export Councils (NADEC, formerly known as National DEC) consists of 16 District Exp
Council (DEC) members who have been elected to the NADEC by District Export Council members from each of the eight U
Department of Commerce - U.S. Commercial Service Networks.
Ship's log recording general details concerning the running of the ship including accidents concerned with ship or cargo.
The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of
carrier's liability.
Location where cargo is separated in preparation for delivery.
An enterprise that provides services to un-group shipments, orders, goods, etc., to facilitate distribution.
Transmission of controlled technology, source code, or information to a foreign national at home or abroad. Export regulation
to deemed exports as well.
An insurable interest that ceases during the transit of goods.
A system allowing the shipowner to pay his annual premium by instalments.
The return of a portion of the freight charges by a carrier or a conference shipper in exchange for the shipper giving all or mo
shipments to the carrier or conference over a specified period of time (usually six months).
The delivery authorization document authorizes pickup of a shipment by a named party, and is required to be presented at the
pickup. Delivery free time refers to the amount of free time that a driver will wait at a location while a truck is unloaded befor
charging waiting time or trucker detention. This is usually 1-2 hours, depending on the company.
A document issued to a carrier to pick up goods at a location and deliver them to another location.
A document issued by the customs broker to the ocean carrier as authority to release the cargo to the appropriate party.
A Delivery Order is the document that is provided to a trucker authorizing the pickup and delivery of the shipment.
A document signed and dated by a consignee or their authorized agent confirming receipt of goods and stating the condition o
goods upon delivery.
An agreement whereby the charterer takes over control costs and responsibilities of the vessel for an agreed period.
Demurrage is charged by the carrier and terminal operator for storing the container at the port after the free time expires.
Demurrage is a charge to be paid by a shipper or consignee to the carrier as penalty for delaying the carrier’s cargo beyond th
allowed free time. Detention is the same as demurrage except that instead of applying to delays in cargo, detention applies to
in equipment.
Also called restricted party screening or trade party screening, denied party screening is the process of screening potential cus
partners or vendors against denied party lists. These are lists of individuals or organizations that a government has identified a
parties that one can’t do business with and that one may be penalized for doing business with.
A physical characteristic measuring a commodity's mass per unit volume or pounds per cubic foot; an important factor in rate
since density affects the utilization of a carrier's vehicle.
A rate based upon the density and shipment weight.
A receipt given in respect of a general average deposit payment.
A vessel that has been abandoned by the crew but has not sunk.
A legal statement put on a shipping document which specifies that the goods are to be transferred to the ultimate consignee an
other party. Diversion to other countries or parties without prior authorization is a violation of U.S. law.
Where demurrage is paid for an agreed number of days, any further delay is termed "Detention".
Detention is a charge imposed by the carriers when a consignee detains a container longer than the allotted free time.
Removal of contents from a container (some times called stripping or discharging).
Departure by a ship from the agreed customary route of the voyage, with the intention of returning to that route to complete th
voyage. Where the ship deviates without lawful excuse the underwriter, unless the policy provides otherwise, is discharged fr
liability from the time the vessel deviates, and insurance cover does not reattach if and when the vessel regains her original co
The Dangerous Goods Note (DGN) is a transport document that gives details about the contents of a consignment to carriers,
receiving authorities and forwarders describing any goods that may be considered hazardous.
Dangerous Goods Regulations (DGR) The IATA Dangerous Goods Regulations (DGR) is the trusted source to help you prepa
document dangerous shipments. Recognized by the world's airlines for almost 60 years, the DGR is the most complete, up-to-
and user-friendly reference in the industry.
Also called measurement weight. This is the size of consignment calculated by total square feet by 6000. Carrier charge for fr
based on the dimensional weight or actual gross weight whichever is higher.
Sale by an exporter directly to an importer located in another country.
Ship without consolidation and under one MAWB ie non- consolidation .
A bill of lading with any clauses declaring a defective condition in the goods and/or their packing. Almost invariably not acce
to banks for presentation under L/Cs and almost always not acceptable to the buyer. (See also Clean Bill of Lading).
The shipper forwards shipping documents attached to a draft for the sum due, to a bank or agent at the port of destination to p
the consignee who, upon acceptance of the draft, receives the documents to obtain release of the goods before payment for the
D/P. An indication on a draft that the documents attached are to be released to the drawee only on payment.
U.S. Department of Transportation. A U.S. agency within the executive branch which oversees transportation in the U.S.
Denied trade screening is the process of screening parties involved in an export transaction for complying with the safety stan
the U.S. Government. Effective trade screening not only includes denied parties but also controlled products and embargoed o
sanctioned countries.
Drawback is a rebate by a government, in whole or in part, of customs duties assessed on imported merchandise that is subseq
exported. Drawback regulations and procedures vary among countries.
The buyer on the Bill of Exchange document.
The seller on the Bill of Exchange document.
Drayage is the term used for trucking containers to and from seaports.
Drop and pick is the term used to describe when a trucker delivers a trailer or container to a location, drops it off, and then pic
another trailer or container from the same location. It is used for high frequency shippers to cut down on drayage costs.
A dry run is a trip performed by a transportation provider that results in no delivery or pickup. For example, a trucker is book
pick up a load, but the load is not ready when the driver arrives. The driver has then performed a dry run, as pickup of the car
impossible at that time.
Dry Van is the term used for enclosed trailers for LTL and FTL that will keep cargo protected from weather.
The practice of selling goods in a foreign market at a price lower than which they would be sold at in the home market, to gai
competitive advantage over other suppliers. If this is shown to be injurious to locally-based suppliers in the foreign market, th
government of that country may impose remedies by way of anti-dumping duties.
The amount on which a customs duty is calculated.
Taxes collected on importing and exporting goods. Also called tariffs.
A tax imposed on imports by the customs authority of a country. Duties are generally based on the value of the goods, some o
factors such as weight or quantity (specific duties), or a combination of value and other factors (compound duties).
Many types of imported goods have an associated duty or tax owed upon import. This can be calculated by numerous ways, b
mostly calculated as a percentage of the value imported.
Duty disbursement fee is charged to clients who do not pay duties and taxes directly to the government, and request that Tran
pay on their behalf. This service fee is calculated as a percentage of the amount advanced by Transmodal.
If goods which have been imported, and upon which customs duty has been paid, are exported or have been used in the manu
of goods which have been exported, then the exporter may be entitled to a refund of the original import duty paid.
Duty Drawback is a mechanism that allows exporters to claim back the duties that were previously paid on imported goods, b
subsequently exported within the designated time frame.
The International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR) are two important U
States export control laws that affect the manufacturing, sales and distribution of technology. The legislation seeks to control
to specific types of technology and the associated data.
EAR99 is a classification for an item. It indicates that an item is subject to the Export Administration Regulations (EAR), but
specifically described by an Export Control Classification Number (ECCN) on the Commerce Control List (CCL). Items that
under the jurisdiction of the EAR but are not found on the Commerce Control List (CCL).
An Export Control Classification Number (ECCN) is an alphanumeric designation (i.e., 1A984 or 4A001) used in the Comme
Control List to identify items for export control purposes. An ECCN categorizes items based on the nature of the product, i.e.
commodity, technology or software and its respective technical parameters.
EDI, Electronic Data Interchange for Administration, Commerce, and Transportation, is an international syntax used in the
interchange of electronic data. Customs uses EDI to interchange data with the importing trade community.
Electronic export information is the data that exporters must report to the Automated Export System (AES) via the Automated
Commercial Environment (ACE) online web portal.
A prohibition upon exports or imports, either with specific products or specific countries.
An Export Management and Compliance Program is required by the U.S. Government to ensure that companies comply with
control policy for dual-use commodities, software, and technology.
The power of a sovereign government to take property for a necessary public use.
Stands for empty repositioning; refers to the movement of empty containers.
A legal signature that signals transfer of rights from one party to another.
Documents needed to clear an import shipment through customs.
The document that must be filed with Customs to obtain the release of imported goods and to allow collection of duties and st
Also called a Customs Entry Form or Entry.
The exporter of record (EOR) is noted as the owner or seller of merchandise being exported from an origin country location to
destination country. The EOR must be a registered entity in the receiving country.
The rolling stock carriers use to facilitate the transportation services that they provide, including containers, trucks, chassis, v
and airplanes, among others.
The Equipment Imbalance Surcharge is a charge levied by ocean carriers when there is a shortage or surplus in certain areas.
is charged on imports or exports to and from specific ports to offset the costs of rebalancing equipment to meet demand.
A document used when transferring a container from one carrier to another, or from one terminal to another.
A delivery in which the driver or recipient notes a problem on the delivery receipt before signing it is referred to as an excepti
exception is usually related to shortage or damage of goods.
A deviation from the class rate; changes (exceptions) made to the classification.
The price of one currency in the terms of another.
An Excise tax is a tax levied on goods or activities at the time of manufacture or use, vs the time of sale.
A shipper agrees to use only a conference's member liner firms in return for a 10 to 15 percent rate reduction.
A shipper may pay a premium rate in order to obtain exclusive use of a trailer. This means that the container will only be fille
the shipper’s goods and not those of any other party, even if there is additional space on the trailer.
Determining where an in-transit shipment is and attempting to speed up its delivery.
Shipment of goods out of a country. Opposite of import.
An enterprise that brings together buyer and seller for a fee, then eventually withdraws from the transaction.
A government-issued permit that authorizes a shipper to export a certain good or to export to a certain country or party.
Company that performs the functions that would be typically performed by the export department or the international sales
department of manufacturers and suppliers. EMCs develop personalized services promoting their clients’ products to internati
buyers and distributors.
Site in a foreign country established to encourage and facilitate international trade. EPZs include free trade zones, special eco
zones, bonded warehouses, free ports, and customs zones. EPZs have evolved from initial assembly and simple processing ac
to include high-tech and science parks, finance zones, logistics centers, and even tourist resorts.
Specific restrictions or ceilings imposed by an exporting country on the value or volume of certain exports designed, for exam
protect domestic producers and consumers from temporary shortages of the goods affected or to bolster their prices in world m
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and sell
Government payments or other financially quantifiable benefits provided to domestic producers or exporters contingent on th
of their goods and services.
Company that acts as an independent distributor, creating transactions by linking domestic producers and foreign buyers. As o
to representing a given manufacturer in a foreign market, the ETC determines what U.S. products are desired in a given mark
then works with U.S. producers to satisfy the demand.
An express bill of lading is a type of bill of lading (B/L) in which the carrier is obligated to deliver the goods to the named co
and no original bills of lading (OBL) are issued at all.
Ex works is when the seller places the goods at the disposal of the buyer at the seller’s premises or at another named place (i.e
works, factory, warehouse, etc.). The seller does not need to load the goods on any collecting vehicle. Nor does it need to clea
for export, where such clearance is applicable.
A profit level that enables a carrier to realize a rate of return on investment or property value that the regulatory agencies deem
acceptable for that level of risk.
The value of the carrier's property; the calculation basis has included original cost minus depreciation, replacement cost, and m
value.
Abbreviation for “freight all kinds.” Typically refers to a full container loaded with mixed cargo.
Misrepresenting freight information on shipping documents.
The seller delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the n
port of shipment. The risk of loss of or damage to the goods passes when the products are alongside the ship. The buyer bears
costs from that moment onwards.
The seller delivers the goods to the carrier or another person nominated by the buyer at the seller’s premises or another named
The parties are well advised to specify as explicitly as possible the point within the named place of delivery, as the risk passes
buyer at that point.
Full Container Load, also known as CY . CY is the abbreviation of Container Yard. When the term CY to CY , it means full c
load all the way from origin to destination.
The agency within the U.S. federal government tasked with enforcing laws related to transport of goods by sea.
The Federal Maritime Commission is an independent U.S. agency responsible for regulating foreign and inter-coastal ocean
commerce shipping via U.S. ports.
The Federal Register, sometimes abbreviated as Fed. Reg., FedReg, or FR, is the official journal of the U.S. government wher
rules and regulations are published.
A grain container or reservoir constructed around the hatchway between two decks of a ship which when filled with grain
automatically feeds or fills in the vacant areas in the lower holds.
Cargo to/from regional ports are transferred to/from a central hub port for a long-haul ocean voyage.
A short-sea vessel which transfers cargo between a central hub port and smaller "spoke" ports.
A warehouse that stores goods on the goods' owner's property while the goods are under a bona fide public warehouse manag
custody. The owner uses the public warehouse receipts as collateral for a loan.
The percentage of order items that the picking operation actually found.
Fish and Wildlife Service is a Federal agency that has jurisdiction over imports of live animals.
Costs that do not fluctuate with the business volume in the short run.
A setup wherein a company orders the same(fixed) quantity each time it places an order for an item.
Especially for heavy loads and over-dimensional cargo. Containers do not have sides or a top. This allows easy fork-lift and c
access.
Materials handling devices that include hand trucks and forklifts.
A storage method where product is presented to picking operations at one end of a rack and replenished from the opposite end
The seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods
so delivered. The risk of loss of or damage to the goods passes when the products are on board the vessel. The buyer bears all
from that moment onwards.
The Food and Drug Administration is a government agency that also has jurisdiction over imports. They will get involved mo
with items that may have a health risk if ingested, such as any imported food, drugs, and even medical equipment.
A common clause included in contracts which exempts parties for not fulfilling their obligations due to events beyond their co
such as natural disasters or war.
The direction on a ship parallel to the center line.
A U.S. Department of Agriculture bureau with programs related to market development, international trade agreements and
negotiations, and the collection of statistics and market information. It also administers the USDA’s export credit guarantee a
aid programs, and helps increase income and food availability in developing nations.
Act making it unlawful for persons or companies subject to U.S. jurisdiction to offer, pay, or promise to pay money or anythin
value to any foreign official for the purpose of obtaining or retaining business. It is also unlawful to make a payment to any p
while knowing that all or a portion of the payment will be offered, given, or promised, directly or indirectly, to any foreign of
for the purposes of assisting the company in obtaining or retaining business. “Knowing” includes the concepts of “conscious
disregard” and “willful blindness.” The FCPA also covers foreign persons or companies that commit acts in furtherance of su
bribery in the territory of the United States. U.S. persons or companies, or covered foreign persons or companies, should cons
attorney when confronted with FCPA issues.
A special port in which merchandise may be stored without being subject to import regulations. Also called a free trade zone
port.
A carrier that provides transportation service to the public on a fee basis.
Forklift fees are charged at CFS stations on LCL cargo that is loaded or unloaded into containers. This fee goes to the mainten
forklifts in the CFS, usually charged on a per CBM basis.
A machine-powered device used to raise and lower freight and to move freight to different warehouse locations.
FEU is a measure of a ship's cargo-carrying capacity. One FEU measures forty feet by eight feet by eight feet -- the dimension
standard forty-foot container. An FEU equals two TEUs.
Forty-foot Equivalent Unit is a 40′ container.
An Forwarders Cargo Receipt is issued by the Freight Forwarder to a shipper, and acts as acknowledgement for receipt of car
Foreign principal party of interest is the party to whom final delivery of the goods will be made; typically the foreign buyer.
Pricing term that indicates that the charterer of the vessel is responsible for the cost of loading and unloading goods from the
The period of time allowed for the removal or accumulation of cargo before charges become applicable.
A port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be store
displayed, used for manufacturing, etc., within the zone and re-exported without duties.
A Free Trade Zone is a specialized economic zone where cargo can be imported, stored, manipulated, and further manufactur
exported without having to pay duties on the imported products.
Goods being transported from one place to another.
Different cargo has different specialized rates. FAK is a term use in ocean shipments to describe general, non-specific, and no
hazardous cargo, typically used when negotiating volume contracts.
The carriers invoice for payment of transport services rendered.
A person who arranges transportation on behalf of a shipper. Typically a freight broker will connect small shippers to carriers
can move their goods.
The rate established for transporting freight.
The freight and charges to be paid by the consignee.
FAK is a shipping classification. Goods classified FAK are usually charged higher rates than those marked with a specific
classification and are frequently in a container which includes various classes of cargo.
An independent business which handles export shipments for compensation. At the request of the shipper, the forwarder make
actual arrangements and provides the necessary services for expediting the shipment to its overseas destination. The forwarde
care of all documentation needed to move the shipment from origin to destination, making up and assembling the necessary
documentation for submission to the bank in the exporter's name. The forwarder arranges for cargo insurance, makes the nece
overseas communications, and advises the shipper on overseas requirements of marking and labeling.
A freight forwarder, forwarder, or forwarding agent, also known as a non-vessel operating common carrier (NVOCC), is a pe
company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market
customer or final point of distribution
The freight and charges to be paid by the consignor.
A quotation from a carrier or forwarder covering the cost of transport between two specified locations.
Federal Security Bureau (FSB). The international legislation of the Customs Union provides the restriction of special equipme
including products with encryption or cryptography into Russia. Product must be notified on the FSB database before the lega
of such goods into the Russian Federation.
Treaty (such as FTAA or NAFTA) between two or more countries to establish a free trade area where commerce in goods and
services can be conducted across their common borders, without tariffs or hindrances but (in contrast to a common market) ca
labour may not move freely. Member countries usually impose a uniform tariff (called common external tariff) on trade with
member countries
Trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), includi
government regulation of unfair methods of competition and unfair or deceptive business acts or practices.
A Full Container Load is an ocean shipment when one consignee’s freight occupies an entire container.
A full truckload carrier is a carrier that contracts the entirety of a truck’s carrying capacity to a single customer. Often referred
simply a truckload carrier.
Fumigation fees occur when containers need to be fumigated. This often happens when shipping wooden pallets to various co
that have fumigation certification requirements.
A group of stevedores, usually four to five members, with a supervisor assigned to a hold or portion of the vessel being loaded
unloaded.
A narrow portable platform used as a passage, by persons entering or leaving a vessel moored alongside a pier or quay.
A container needs to gate in at the Container Yard (CY) before the CY cut-off, and a Less than Container Load (LCL) shipme
to gate in at the Container Freight Station (CFS) before the CFS Cut-off.
In the context of travel activities, gateway refers to a major airport or seaport. Internationally, gateway can also mean the port
customs clearance takes place.
General Average is a marine cargo insurance agreement that shippers enter into when shipping via ocean. The agreement says
some cargo is intentionally jettisoned at sea to save the vessel, crew, and other cargo, then shippers whose cargo was not lost
cover the losses of the other shippers.
When U.S. Customs orders shipments without entries to be kept in their custody.
General Order is the status arriving cargo receives if it does not have a properly filed customs entry 15 days after its arrival at
port in the US. Cargo will then remain in General Order status for 6 months, and if no entry is made, the goods will be put up
auction or destroyed.
The General Rate Increase is a general rate increase that all ocean carriers may choose to apply. U.S. regulation requires that c
must announce any GRI at least 30 days in advance.
A common motor carrier that has operating authority to transport general commodities, or all commodities not listed as specia
commodities.
A warehouse used to store goods that are readily handled, are packaged, and do not require a controlled environment.
A common measurement of the internal volume of a ship with certain spaces excluded. One ton equals 100 cubic feet; the tota
the enclosed spaces within a ship expressed in tons each of which is equivalent to 100 cubic feet.
The total weight of a vehicle including the weight of the vehicle itself and any attached containers.
The total weight of a shipment of goods, including their packaging such as crates, pallets etc.
Ground Handling Agents are companies that are responsible for unloading freight from airplanes, verifying its clearance with
Customs, and making freight available to final consignee. The agents can be airline specific like Lufthansa, or handle a group
carriers such as Menzies Aviation.
Goods and Service Tax, GST
Harbor Maintenance Fee is a tax that is assessed only on ocean imports. It is calculated at 0.125% if the cargo value with no
minimum or maximum. The HMF is designed to help subsidize the cost for construction and maintenance of US harbors and
waterways.
A place at which ships stop to resupply and load or unload cargo.
An official responsible for overseeing the operations of a harbour.
The Harmonized Commodity Description and Coding System (or Harmonized System, HS) is a system for classifying goods
international trade, developed under the auspices of the Customs Cooperation Council. Beginning on January 1, 1989, the new
numbers replaced previously adhered-to schedules in over 50 countries, including the United States.
The opening on the deck of a ship which gives access to the cargo hold.
The inland transport service which is offered by the carrier under the terms and conditions of the tariff and of the relative tran
document.
House AWB issued by a freight forwarder acting as a carrier.
Certain cargoes, as prescribed by the UN, such as explosive, radioactive, poisonous and flammable goods etc, which must be
to the carrier before being loaded onto ships or aircraft. The penalties for mis-declaring or failing to declare hazardous or dang
cargo are extremely high.
May be used interchangeably with the term “dangerous goods,” hazardous materials (or HazMat for short) are goods which m
a threat to safety because they are poisonous, toxic, corrosive, explosive, flammable, etc. More precisely, hazardous materials
defined by the U.S. Department of Transportation in accordance with the Federal Hazardous Material Law. It is more commo
the term “hazardous materials” used when shipping domestically within the U.S., whereas the term “dangerous goods” is used
often when shipping internationally. Shipping hazardous materials may require special documentation or packaging to ensure
The supplier should know whether a product is hazmat and how to ship a hazmat product. The supplier should also be able to
all dangerous goods paperwork.
Any container exceeding 102 inches in height.
A bill of lading issued by a freight forwarder acting as a carrier. The terms and conditions of the contract may well be differen
terms and conditions contained on the shipping company’s B/L, which can in extraordinary circumstances lead to legal compl
should a dispute arise.
A House Bill of Lading is a bill of lading created by an NVOCC or freight forwarder. It is an identification of the goods being
shipped, who is shipping them and to whom the goods are consigned.
The Harmonized System (HS) is a 6 digit “harmonized” coding system shared by over 200 countries that identify goods being
shipped. The Harmonized Tariff System (HTS) is the 10 digit import codes that identify all imported products, and how much
owed.
The Harmonized System is an internationally accepted system used to classify products. The first six digits of an HS code are
universal across all countries, but each country will add additional digits to further specify products. HS codes play a role in
determining import and export controls as well as duty rates.
An HS or HTS code stands for Harmonised System or Harmonised Tariff Schedule. Developed by the World Customs Organ
(WCO), the codes are used to classify and define internationally traded goods.
Hundred Weight is calculated by dividing the total weight of a shipment by 100. That result is then usually matched to a tariff
to determine the rate of a shipment.
Two-character Airline identification assigned by IATA in accordance with provisions of Resolution 762. It is for use in reserv
timetables, tickets, tariffs as well as air waybill .
International Air Transport Association ( IATA ), established in 1945, is a trade association serving airlines, passengers, shipp
travel agents, and governments. The association promotes safety, standardization in forms (baggage checks, tickets, weigh bil
aids in establishing international airfares. IATA headquarter is in Geneva, Switzerland.
Pallets and containers used in air transportation; the igloo shape fits the internal wall contours of a narrow-body airplane.
An illegal transshipment occurs when goods from one location are shipped to another location for illegal reasons, en route to
destination. There is an opportunity for fraud in attempts to avoid higher import duties from certain countries, avoid embargo
smuggle goods on the black or grey market.
International Maritime Dangerous Goods code; the regulations established by the International Maritime Organization (IMO)
international transport of dangerous goods.
Shipment of goods into a country. Opposite of export.
The import certificate is a means by which the government of the country of ultimate destination exercises legal control over
internal channeling of the commodities covered by the import certificate .
An Import Export is a type of bond movement that allows a shipment to be immediately exported from the same port of origin
without having to file an import declaration.
A document required and issued by some national governments authorizing the importation of goods.Also referred as import
With such documentation, customs clearance can be conducted.
Import restriction, applied by a country with an adverse trade balance (or for other reasons), reflect a desire to control the volu
goods coming into the country from other countries may include the imposition of tariffs or import quotas, restrictions on the
of foreign currency available to cover imports, a requirement for import deposits, the imposition of import surcharges, or the
prohibition of various categories of imports.
The importer of record (IOR) is officially noted by many governments as the owner or purchaser of merchandise being impor
a destination country.
An importer of record is the entity or individual who is responsible for all entry documents required by Customs Border Prote
(CBP) and for the product classification and payment of duties, as well as any other import obligations.
An Importer Security Filing, also known as “10+2,” is a filing required by the CBP that documents importing information and
as shipments pass from point to point.
An import or export shipment that has not yet cleared customs is referred to as in bond.
The transaction or interchange that occurs at the time a container is received by a rail terminal or water port from another carr
An Inbond Transit is a type of movement that allows imported, and uncleared cargo to move to a port other than what is stated
original bill of lading. Among other reasons, this can be done in order to move cargo to an FTZ, or a port closer to the consign
Incoterms are universal trade terms published by the International Chamber of Commerce (ICC.) They consist of three-letter c
that are intended to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods in
international transaction. They describe how responsibility is allocated between the seller and the buyer for different parts of t
transaction.
Incoterms are managed by the International Chamber of Commerce and lay the guidelines between buyers and sellers on whic
pays for transportation, and where risk of loss transfers.
Sale by the exporter to the buyer through a domestically located intermediary, such as an export management company or an
trading company.
An informal entry takes place when the value of the entry is under $2500. Informal entries are essentially entered as personal
do not require a US Customs import bond.
The carriage contract used in transport from a shipping point overland to the exporter's international carrier location.
An enterprise that offers overland service to or from a point of export.
Inland Point Intermodal is any inland destination for ocean cargo that has arrived in an ocean vessel, and must be transloaded
another type of carrier to reach its IPI.
A document certifying that merchandise (such as perishable goods) was in good condition immediately prior to shipment.
A process whereby someone with a risk of something happening to their financial detriment (the assured) pays someone else
underwriter) a fee (premium) to bear that risk on their behalf.
Document prepared by the exporter or freight forwarder to provide evidence that insurance against loss or damage has been o
for the goods.
Carriers that have both air and ground fleets; or other combinations, such as sea, rail, and truck. Since they usually handle tho
of small parcels an hour, they are less expensive and offer more diverse services than regular carriers.
Collective term used to refer to new ideas, inventions, designs, writings, films, and so on that are protected by a copyright, pa
trademark.
A location where freight is transferred from one carrier to another.
An intermediate consignee is the bank, forwarding agent, or other intermediary (if any) that acts in a foreign country as an age
the exporter, the purchaser, or the ultimate consignee , for the purpose of effecting delivery of the export to the ultimate consi
Intermodal transportation is the movement of goods via more than one type of transportation (e.g. air, rail, sea, truck, etc.) An
intermodal container is one that can be used in different modes of transport without having to unload the goods and reload the
each point at which the mode of transport changes. In the context of international trade, intermodal container is usually synon
with container.
The use of two or more transportation modes to transport freight; for example, rail to ship to truck.
U.S. Department of Commerce program that matches U.S. exhibitors at select U.S. trade shows with foreign buyers.
The International Maritime Organization is an agency under the United Nations that governs shipping regulations. Their goals
decrease pollution from ocean vessels and increase safety and security.
A U.S. Department of Commerce bureau responsible for export promotion programs.
A detailed statement showing goods sold or shipped and amounts for each. The invoice is prepared by the seller and acts as th
document that the buyer will use to make payment.
A document listing all cargo entering a country. Required by all world ports and is the primary source from which import duti
assigned.
A credit which cannot be revoked, cancelled or amended unless the beneficiary agrees. All L/Cs issued under UCP600.
“International Standard Banking Practice for the Examination of Documents under Documentary Credit”, International Cham
Commerce publication 745 – a companion to the UCP600 which as its name suggests reflects international banking practice i
regards to L/Cs.
The International Ship and Port Facility Code adopted by an IMO Diplomatic Conference in December 2002. Measure is desi
strengthen maritime security.
The carrier whose name is printed on the bill of lading and with whom the contract of carriage exists.
The International Traffic in Arms Regulations regulate the export of space- or defense-related products and are enforced by th
Department of State.
The Internal Transaction Number (ITN) is the AES generated number assigned to a shipment confirming that the EEI was acc
and is on file in the AES.
Abbreviation for just in time. A method of inventory control which minimizes warehousing and in which the container itself a
movable warehouse and arriving on schedule is crucial.
A rate applicable from a point on one transportation line to a point on another line, made by agreement and published in a sin
by all transportation lines over which the rate applies.
Independent business formed cooperatively by two or more parent companies. This type of partnership is often used to avoid
restrictions on foreign ownership and for longer term arrangements that require joint product development, manufacturing, an
marketing.
The Jones Act is a federal law that simply requires any ocean shipments that are moving from one US port to another US port
transported by vessels owned and operated by US citizens.
A loss discovered before or at the time of delivery of a shipment.
Loaded aboard a vessel.
The total cost which an importer pays to have goods delivered to their premises. This typically includes the costs of the goods
currency exchange, international transport, insurance premium, port charges, customs duties, delivery charges, documentation
bank charges etc.
The Last Free Day is the last day of a period of free storage time in which the cargo can be picked up without paying demurra
storage.
Less than Container Load, a small amount of cargo insufficient to on its own be economically shipped as FCL. It will be com
with other LCL cargo from other shippers going to the same destination port, into an FAK FCL.
Lower deck type 3 container. This is the most commonly used container in passenger aircraft.
A Less than Container Load is a mode of shipping via ocean. If you don’t have enough cargo to fill up an entire container, con
shipping LCL.
A Less than Truckload service is used for smaller shipments that take up less than a full truckload and can be combined with
small shipments to fill up a truck.
A medium shipment, typically between 150 pounds and 20,000 pounds. An LTL carrier mixes freight from several customers
single truckload. May also be called less-than-container (LCL).
A letter of credit is a mechanism to process payment and freight release through the buyer’s and seller’s banks. A buyer will d
the money into their bank, and the bank will release the payment to the seller’s bank once the cargo is confirmed to hit a certa
milestone, usually once it has been shipped from origin.
Instrument issued by a bank on behalf of an importer that guarantees an exporter payment for goods or services, provided that
terms of the credit are met. A letter of credit issued by a foreign bank is sometimes confirmed by a U.S. bank. This confirmati
means that the U.S. bank (the confirming bank) adds its promise to pay to that of the foreign bank (the issuing bank). A letter
credit may be either irrevocable, in which case it cannot be changed unless both parties agree, or revocable, in which case eith
may unilaterally make changes. A revocable letter of credit is inadvisable as it carries many risks for the exporter.
Certain criteria may be met that allow an exporter to export a product without an export license in cases where an export licen
would normally be required. These criteria are called license exceptions.
Arrangement in which a company sells the rights to use its products or services but retains some control. Although not usually
considered to be a form of partnership, licensing can lead to partnerships.
Freight rates which include loading/unloading charges, generally with a regular shipping lines.
The penalty a seller must pay the buyer if a project does not meet the standards or deadline outlined in the sales contract.
Liquidation occurs usually about one year after an entry takes place. When an entry is liquidated, essentially customs is closin
file on the entry.
The amount that a vessel tilts from the vertical, measured in degrees.
Incoterms are managed by the International Chamber of Commerce and lay the guidelines between buyers and sellers on whic
pays for transportation, and where risk of loss transfers. The 2020 Incoterms are EXW, FCA, FOB, FAS, CFR, CIF, CPT, CIP
DAP, and DDP.
A live unload usually refers to Full Container loads wherein importers are given 1-2 hours to unload the cargo from the truck
the driver waits before bringing the empty container back to the port.
The management of the flow of products as they are transported from the point of origin to their final destination. A logistics
company is a general term for a company that provides logistics services, which may include freight forwarding, customs bro
and/or consulting services.
A port employee tasked with loading and unloading ships.
When cargo vessels get close to ports that have high populations, they are required to use a fuel with a low sulfur content to li
their pollutants. The lower sulfur fuel is more expensive than the regular bunker fuel that vessels burn during most of the ocea
voyage, so this fee is to offset those costs.
The compartment below the Main Deck (also synonymous with lower hold and lower lobe).
The deck on which the major portion of payload is carried, normally known as Upper Deck of an airplane. The full cargo freig
aircraft has it entire upper deck equipped for main deck type of containers/pallets while Combi aircraft uses it rear part of the
deck for cargo loading. There is no upper deck or main deck type of container/pallet at passenger aircraft.
In the context of shipping, malpractice refers to situations in which a carrier illegally gives preference to a customer in order t
their business.
A list of all cargoes that pertain to a specific shipment, grouping of shipments, or piece of equipment. Ocean carriers will prep
manifest will prepare a manifest per container, etc.
Insurance covering the international, and often local, transport of goods. Generally covers “all risks” plus war and strikes risk
taken out for 110% of the CIF/CIP value of the goods.
Relating to transport by sea.
Report that provides a narrative description and assessment of a particular market along with relevant statistics. The reports ar
based on original research conducted in the countries studied and may include specific information on both buyers and compe
Letters, numbers, or other symbols placed on packaging used for identification purposes.
The term used for the B/L issued by a shipping company to a freight forwarder for all of the goods covered by one or more H
B/Ls on the one ship going from one loading port to one destination port.
The term used for the AWB issued on airline’s stationery to a freight forwarder for all of the goods covered by one or more H
AWBs on the one flight going from one loading airport to one destination airport.
Forty cubic feet; used in water transportation ratemaking.
The Merchandise Processing Fee is an import tax charged on every import shipment, even on duty free shipments. It is based
0.3464% of the cargo value, with a minimum charge of $27.23 ,and a maximum charge of $528.33. If the value of the cargo i
than $2500, the flat rate of the MPF is $2.18. This fee is imposed to help offset the salaries of federal customs workers.
Misdeclared cargo occurs when the description of the cargo on a Bill of Lading or entry document does not match the actual c
of the shipment. Misdeclared cargo can cause accidents and unpaid duties, which can result in criminal prosecution.
The relative use that companies make of transportation modes; the statistics include ton-miles, passenger-miles, and revenue.
An institution created by a group of countries to provide development-related financing and professional advising.
Used by NAFTA signatories (i.e. Canada, Mexico, and the United States) to determine if goods imported into their countries
reduced or eliminated duty.
The National Customs Brokers and Forwarders Association of America is an organization representing the interests of custom
brokers and freight forwarders in the U.S. They publish guidelines on best practices.
Not elsewhere classified, not elsewhere specified.
The weight of goods not including the weight of their packaging.
NLR may be used for either EAR99 items, or items on the CCL that do not require a license for the destination. However, exp
an EAR99 item to an embargoed country, an end-user of concern or in support of a prohibited end-use may require an export
An Non-Vessel Operating Common Carrier is an entity that provides transportation services, without actually operating any o
ocean vessels or airplanes.
Trade agreement between the U.S., Canada, and Mexico featuring duty-free entry and other benefits for goods that qualify.
The abbreviation of the name of an organization that should be notified when a shipment reaches its destination.
A notify party is any party that is notified with shipment information by a carrier upon the arrival of cargo at its destination.
No Value Declared.
A non-vessel operating common carrier behaves like a carrier except it doesn’t provide the actual transportation service itself.
Instead, an NVOCC buys space from carriers and sells this space to shippers.
A B/L covering port-to-port shipment. Typically banks continue to use this term on L/Cs even though the majority of internat
shipments are containerised (See also Multimodal B/L).
An Non-Vessel Operating Common Carrier is an entity that provides transportation services, without actually operating any o
ocean vessels or airplanes.
A document, issued by a shipping line to a shipper which serves as a receipt for the goods and evidence of the contract carriag
In a time charter, the owner is entitled to a limited time for his vessel to be off hire until such time as the vessel may be repair
dry-docked.
U.S. government agency responsible for negotiating trade agreements.
A notation on a bill of lading indicating that cargo has been loaded on a ship.
A notation on a bill of lading, indicating that not only did the carrier receive the goods in good order and condition, but they w
placed on board the ship.
A notation on a bill of lading indicating that cargo has been stowed on the open deck of a ship.
A transaction in which goods are shipped to a foreign buyer without guarantee of payment.
Pricing systems that are flexible and not subject to conference approval. Usually applied to products in which tramps are subs
for liners.
A term used in place of "flag of convenience" or "flag of necessity" to denote registry in a country which offers favorable tax,
regulatory, and other incentives to ship owners from other nations.
A container fitted with a solid removable roof, or with a tarpaulin roof so the container can be loaded or unloaded from the to
A measure of operating efficiency based on a comparison between a carrier’s operating expenses and its net sales.
A negotiable B/L, in which the goods are consigned “to order of” a particular party, often theshipper in which case the consig
mostly shown simply as “to order”.
In some cases the supplier may also issue an additional Order Confirmation document. This is used to re-confirm the details o
that have been ordered.
Origin can mean the location where a shipment starts its journey, or the country where the goods were originally manufacture
The Origin Receiving Charge is a fee charged to cover the handling costs of cargo at an origin terminal or container freight st
An original bill of lading is a contract of carriage that serves as a title of the cargo and confirms the carrier’s receipt of the car
Other Government Agencies such as FDA, EPA, DOT, FCC, and many others, also have jurisdiction over imports. All import
comply with all government agency requirements in order to be legally imported and sold within the US.
A shipment is considered Out of Gauge when it will not fit into a normal 20/40′ container. OOG usually requires the use of ei
flat rack container or open top container to accommodate the excessive dimensions.
When the number of units received is greater than the quantity stated on the export documents. Opposite of shortage.
A situation where there are too many ships generally or in a particular trade for the level of available cargoes.
An overweight surcharge is assessed when cargo is over the maximum allowable payload for standard equipment, and additio
specialized equipment is required to move the cargo.
An export packing declaration states the type of packing materials that were used to pack the goods inside the shipment. It’s p
is to ensure that any timber packaging that has been used is ISPM15 compliant. This is to protect the spread of insects and dis
that can be hiding away in timber packing materials such as pallets, crates and dunnages.
A Packing List is a detailed document stating how all of the products have been packaged inside the shipment. The document
includes packaging types, quantities, sizes and weights of all packages included inside the shipment.
A Packing List is a document used for Customs declaration that identifies the quantity, weight, dimensions, and carton count
shipped products.
A platform on which packages may be loaded. Facilitates easier handling by a lift truck.
A pallet is a flat transport structure used to increase the ease of handling, speed of loading/unloading, and protection of cargo
the transportation process.
Most CFS or Cargo terminals will accept an even exchange in pallets when picking up cargo that has been loaded on pallets. I
where the trucker doesn’t have pallets to exchange, they could instead be charged a fee for the pallets.
The cost to purchase a pallet from a CFS, warehouse or other cargo terminal.
A machine that wraps a pallet's contents in stretch-wrap to ensure safe shipment.
This as a fee assessed on ocean shipments when the transporting vessel needs to go through the Panama Canal.
Multipurpose containerships where one or more but not all compartments are fitted with permanent container cells. Remainin
compartments are used for other types of cargo.
A Partner Government Agency is a division of the U.S. federal government that regulates specific products imported into the
along with CBP.
Right that entitles the patent holder, within the country that granted or recognizes the patent, to prevent all others, for a set per
time, from using, making, or selling the subject matter of the patent.
The party paid in a transaction; the seller.
The party paying money in a transaction; the buyer.
Terms that describe how money will be paid in a transaction. Typically, the shipper is responsible for payment for prepaid shi
while the consignee is responsible for payment for collect shipments, unless a third party is indicated as the payor on the ship
documents.
A Peak Season Surcharge is a variable surcharge that carriers may apply during times of peak demand. PSS may be applied at
time of year, but tends to be more common before the fall/winter holidays and before Chinese New Year.
A per diem charge is the fee the ocean carrier charges for each day past the number of “free” days that the container is away f
port. Per diem is also known as detention.
A document issued by the Department of Agriculture, Fisheries and Forestry, for exports from Australia of plants or plant pro
A document issued by the U.S. Department of Agriculture which certifies that a shipment has been inspected and is free from
pests and plant diseases. Used to meet import requirements of other countries.
A structure perpendicular to the shoreline to which a ship is secured in order to load or unload cargo.
The Pier Pass fee is a single flat fee charged for both daytime and nighttime container moves at the Ports of Los Angeles and
Beach.
Arrangement in which one manufacturer or service company distributes a second company’s product or service. The most com
piggybacking situation is when a U.S. company has a contract with an overseas buyer to provide a wide range of products or s
Often this first company does not produce all of the products it is under contract to provide, and it turns to other U.S. compan
provide the remaining products.
The Principal Party of Interest is the entity in the US that receives the main benefit in an export. This is typically the US selle
manufacturer.
Prior Notice is a procedure importers need to go through when importing goods subject to the FDA, such as food. It allows th
to target higher risk products for review before the shipment arrives at the port of import.
The seller will send an official Proforma Invoice document to reconfirm the details of the goods to be supplied.
This is a term normal referred to when shipping cargo air or sea, which does not fall within standard methods. Ie over-height,
oversize cargo which requires special equipment and handle.
Proof of delivery is a signed document from a recipient, confirming that they have received the goods.
A Protest is submitted to US Customs when a change or amendment needs to be made to a customs entry that has already bee
liquidated. The protest period lasts for 180 days past the entry liquidation date.
Port Service Charge, similar to APCA.
The buyer will send an official Purchase Order document to the ssupplier. This will confirm all product and pricing details, ge
as stated in the supplier’s Quotation.
A restriction placed on an operation in order to protect public health and safety.
The quantity of goods that may be imported without restrictions over a set period of time.
The exporter will send a detailed quotation document for the products offered for sale. This document will include product
specifications, pricing, currency, packing sizes, Incoterm, payment details, port of loading, port of discharge and shipping me
The transfer of containers from one ship to another when both ships are controlled by the same carrier.
Document to advise that goods are available for further movement or action.
Export agent or merchant who purchases products directly from the manufacturer, packing and marking the products accordin
or her own specifications. Remarketers then sell these products overseas through their contacts in their own names and assum
risks.
Funds sent by one person to another as payment.
A cargo which enables a ship to return loaded to the port or area where her previous cargo was loaded.
Payment received by a carrier for transporting goods.
A ton on which the shipment is freighted.
This term is used to describe a shipment that travels intermodal to one location, then travels back towards its origin point. An
example is a shipment that is moved via ocean from the East Coast to the West Coast, then the cargo moves back to Denver v
Cargo which is on wheels, such as truck or trailers, and which can be driven or towed on to a ship.
A “roll-on/roll-off” ship, where loaded transport vehicles are driven onto it, such as a car ferry, or where containerised and oth
cargo is loaded into it by forklifts or similar.
Freight ship or ferry with facilities for vehicles to drive on and off (roll-on roll-off); a system of loading and discharging a shi
whereby the cargo is driven on and off on ramps. Equipped with large openings at bow and stern and sometimes also in the si
ship permits rapid loading and discharge with hydraulically operated ramps providing easy access. Fully loaded trucks or trail
carrying containers are accommodated on the deck.
The United States government and its export regulations restrict or prohibit U.S. individuals and companies from exporting or
providing services of any kind to any party contained in U.S. government export denial, debarment, and blocked persons lists
All products require a Certificate of Conformity also referred to as a SASO CoC to enable them to be cleared through Saudi C
The Saudi Arabia Conformity Assessment Programme, which covers all goods, has several key objectives: Protection of publ
health.
The inventory a company holds beyond normal needs as a buffer against delays in receipt of orders or changes in customer bu
patterns.
Said to Contain is terminology used on bills of lading for ocean cargo prepared by freight forwarders or ocean carriers. The ph
preceded by a description of the goods and quantities that a shipper declares are in a container.
Representative who uses your company’s product literature and samples to present the product to potential buyers. An overse
representative is the equivalent of a manufacturer’s representative in the United States. The sales representative usually works
commission basis, assumes no risk or responsibility, and is under contract for a definite period of time.
A Sea Waybill is an official “copy” of the bill of lading. The bill of lading is an actual contract between a carrier and a shippe
addresses the terms of carriage, receipt of goods, and acts as the title to the goods. A Seaway Bill gives evidence of the contra
allows for the recipient to take possession of the goods quicker. Seaway bills are typically used in an established, ongoing rela
between a shipper and receiver.
Collection of data from various sources, such as trade statistics for a country or a product. Working with secondary sources is
expensive and helps your company focus its marketing efforts. Although secondary data sources are critical to market researc
do have limitations. The most recent statistics for some countries may be more than 2 years old, and the data may be too broa
of much value to your company.
This is the fee for processing and monitoring manifest data, which has to be provided to the US Customs.
A U.S. Shipper's Export Declaration (SED) was a standard United States government form required for all U.S. exports with
commodities valued at US$2,500 or higher. The EEI is used by the U.S. Census Bureau to compile trade statistics and exert e
controls.
A cost that a company can directly assign to a particular segment of the business.
The defined, regular pattern of calls made by a carrier in the pick up and discharge of cargo.
A contract between a shipper and an ocean carrier or conference, in which the shipper makes a commitment to provide a mini
quantity of cargo over a fixed time period. The ocean carrier or conference also commits to a rate or rate schedule as well as a
service level, such as space, transit item, port rotation, or other features.
A liner company or tramp ship operator representative who facilitates ship arrival, clearance, loading and unloading, and fee p
while at a specific port.
A firm that serves as a go-between for the tramp ship owner and the chartering consignor or consignee.
Equipment such as rigging or cranes used on a ship for loading or unloading cargo.
A shipment is a user-defined unit containing goods (single or multiple units) and requires transportation from one location to
A shipment becomes a shipment when it leaves the consignor's location. A shipment is complete when it arrives at the consig
destination.
A specific location from where goods will depart for movement.
In the context of international trade, shipper is a term typically used to identify the company selling the goods to a foreign ma
The shipper may also be called the exporter or consignor in this case.
A Shipper’s Export Declaration is the declaration an exporter must provide when exporting commodities when total Schedule
quantity is valued over $2500. It is also used by the Census Bureau to gather macro level export information.
A Shipper’s Letter of Instructions is provided by the shipper to a freight forwarder and indicates the specifics of a shipment su
the consignee, the product, the final destination. The information is used to create the Bill of Lading.
A firm that primarily matches up small shipments, especially single-traffic piggyback loads, to permit shippers to use twin-tra
piggyback rates.
A Shipper’s Letter of Instruction (SLI), or Interim Receipt is a very important legal document. It is the shipper’s detailed docu
that gives full instructions to the agent that is arranging the export shipment (this is usually the freight forwarding company).
document will state all specific instructions so the agent can correctly arrange the logistics of the cargo.
Paperwork that accompanies a shipment as it makes its way to the final destination. This includes sets of documents such as B
Lading, Commercial Invoice, Packing List and any other required documentation.
Specific markings on packages to identify them apart from other packages and to identify them on the relevant documents.
A Shipping Order is a document issued by the carrier that confirms a shipment’s booking on a vessel.
Shipping weight represents the gross weight in kilograms of shipments, including the weight of moisture content, wrappings,
boxes, and containers (other than cargo vans and similar substantial outer containers).
When the number of units received is less than the quantity stated on the shipping documents. Opposite of overage.
A SIEL is a form of UK export licence for controlled goods, specific to one exporter and one consignee. Refer to OIEL.
Document used when the exporter wishes to retain title to the shipment until it reaches its destination and payment is made. B
the shipment can be released to the buyer, the original “order” ocean bill of lading (the document that evidences title) must be
properly endorsed by the buyer and surrendered to the carrier. It is important to note that air waybills do not need to be presen
order for the buyer to claim the goods. Thus, risk increases when a sight draft is being used with an air shipment.
Devices placed beneath boxes or packages in order to raise them off the floor to permit access by a forklift.
Safety of Life at Sea Convention is enforced by the International Maritime Organization (IMO). Under SOLAS, exporters are
required to provide a verified weight of the goods before they are loaded onto a ship for transport.
In addition to a commercial invoice, some countries require a special customs invoice designed to facilitate the clearance of g
and the assessment of customs duties in that country.
A charter for a particular vessel to move a single cargo between specified loading port(s) and discharge port(s) in the immedia
future. Contract rate ("spot" rate) covers total operating expenses, i.e., bunkers, port charges, canal tolls, crew's wages and foo
insurance and repairs. Cargo owner absorbs, in addition, any expenses specifically levied against the cargo.
Standard Equipment is any equipment used in normal transportation, when cargo does not require any special handling.
The right side of a ship (when facing forward.) Opposite of port.
Said to contain, often placed before the description of goods on a bill of lading because the carrier does not know the nature o
quantity of goods actually placed in the packages or the containers.
The backside of a ship. Opposite of bow.
Individual or company that employs longshoremen and contracts for the loading and unloading of ships.
The placing of goods in a ship in such a way as to ensure the safety and stability of the ship not only on a sea or ocean passag
also in between ports when parts of the cargo have been loaded or discharged.
A non-negotiable B/L in which the goods are consigned directly to a named consignee.
Telegraphic transfer, an electronic means of transferring funds between banks, generally using SWIFT.
TACT stands for The Air Cargo Tariff. It is published by IAP -- International Airlines Publications, an IATA company.
Backside of a container or trailer. Opposite of front or nose.
The weight of packaging or a container without the goods.
The weight of a container while empty.
Tax imposed on a product when it is imported into a country. Some foreign countries apply tariffs to exports.
Contractual arrangement in which the licenser’s patents, trademarks, service marks, copyrights, trade secrets, or other intellec
property may be sold or made available to a licensee for compensation that is negotiated in advance between the parties. U.S.
companies frequently license their technology to foreign companies that then use it to manufacture and sell products in a coun
group of countries defined in the licensing agreement. A technology licensing agreement usually enables a company to enter a
market quickly and poses fewer financial and legal risks than owning and operating a foreign manufacturing facility or partici
in an overseas joint venture.
When an importer makes entry of articles and claimed to be exempt from duty under Chapter 98, Subchapter XIII, Harmonize
Schedule of the United States, a bond is posted with Customs which guarantees that these items will be exported within a spec
time frame (usually within one year from the date of importation). Failure to export these items makes the importer liable for
payment of liquidated damages for breach of the bond conditions.
The period of time before a bill of exchange falls due for payment.
A bill of exchange drawn for a period other than at sight or on demand.
Also called a container terminal, a location where containers are picked up, dropped off, maintained and kept.
A charge for a service carried out in a carrier’s terminal area.
Terms that define the obligations, risks, and costs of the buyer and seller involving the delivery of goods that comprise the ex
transaction. These terms are commonly known as Incoterms.
Twenty-foot equivalent unit, the means of describing the carrying capacity of a train or ship. For example, a 40 foot container
up the space of two TEUs.
Terminal handling charge, levied by CY and CFS operators for goods passing through their operations.
A company that provides logistics services to other companies, such as warehousing and transportation.
A single bill of lading covering receipt of the cargo at the point of origin for delivery to the ultimate consignee , using two or
modes of transportation.
Document used when the exporter extends credit to the buyer. The draft states that payment is due by a specific time after the
accepts the time draft and receives the goods. By signing and writing “accepted” on the draft, the buyer is formally obligated
within the stated time.
In the United States the certificate of title for a vehicle or boat(also known as a car title or pink slip; or pinks in the plural) is a
form, establishing a person or business as the legal owner of a vehicle.
Trailer load.
Refer Bill of Lading, Order B/L.
A freight transportation output measure that reflects the shipment's weight and the distance the carrier hauls it; a multiplicatio
tons hauled and distance traveled.
Deadweight, gross, net, displacement; a quantity of cargo normally expressed as a number of tons.
Determining a shipment's location during the course of a move.
A carrier's system of recording movement intervals of shipments from origins to destinations.
A U.S. Department of Commerce program that certifies international trade events so U.S. companies can know ahead of time
event is high quality and offers opportunities.
Data that indicate total exports or imports by country and by product. They allow you to compare the size of the market for a
in various countries. By looking at statistics over several years, you can determine which markets are growing and which mar
shrinking.
Word, symbol, name, slogan, or combination thereof that identifies and distinguishes the source of sponsorship of goods and
serve as an index of quality of a particular product.
Company specializing in the exporting and importing of goods produced or provided by other companies.
A container attached to the back end of a truck.
Vessels operating without a fixed itinerary or schedule or charter contract.
Goods are transferred from one ship to another at an intermediate port. Can also refer to goods being transferred from one me
transport to another.
The total time that elapses between a shipment's delivery and its pickup.
Transloading is the process of moving a shipment from one mode of transport to another (e.g., from ocean container to truck)
A letter from the shipper to its agent that lists the particulars of a shipment, the documents being transmitted, and instructions
disposition of those documents.
The transfer of cargo from one carrier to another or from one vehicle to another at an intermediate point during the goods’ jou
the final destination.
The weight (in tons) of a shipment transported by truck.
A trucking wait fee is assessed by the trucker if the amount of free waiting time expires.
A term used in marine transportation, referring to the time it takes between the arrival of a ship and its departure.
TEU is a measure of a ship's cargo-carrying capacity. One TEU measures twenty feet by eight feet by eight feet -- the dimens
standard twenty-foot container. An FEU equals two TEUs.
A twenty-foot equivalent unit is a measure of volume in units of twenty-foot long containers.
U.S. government agency that procures goods and services from U.S. companies for use in developing countries.
U.S. government agency tasked with gathering intelligence and statistics. Publishes the World Factbook, an important market
research resource.
The trade promotion arm of the U.S. Department of Commerce’s International Trade Administration.
U.S. government department responsible for developing and executing federal government policy on farming, agriculture, for
and food.
U.S. government department responsible for promoting domestic economic growth and handling other commerce related
responsibilities.
USEC is an abbreviation that indicates an ocean vessel will be traveling to an East Coast port, such as New York/ New Jersey
Savannah, Charleston or the Port of Virginia.
U.S. government agency that manages programs for U.S. exporters, including finance programs.
U.S. government agency that provides grants for feasibility studies in developing countries.
USWC is an abbreviation that indicates an ocean vessel will be traveling to a West Coast port, such as Los Angeles/ Long Be
Seattle/ Tacoma, Oakland or Portland.
Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce publication 600, which lays ou
guidelines for banks to follow when dealing with L/Cs.
Unit Load Device, Any type of container, container with integral pallet, aircraft container or aircraft pallet.
The space not filled with liquid in a drum or tank.
The ultimate consignee is the person located abroad who is the true party in interest, receiving the export for the designated en
Packages loaded onto a pallet, in a crate, or in some other way that allows for the goods to be handled as a single unit. This pr
called unitization.
Uniform Rules for Collections, International Chamber of Commerce publication 522, which lays out guidelines for banks to f
when handling Collections.
The US Trade Representative is the federal agency who advises the office of the President on recommended trade policy for t
United States.
The United States Munitions List is a list of space- and defense-related products which are controlled by the U.S. Department
under the International Traffic in Arms Regulations (ITAR).
United States principal party of interest. The party that receives the primary benefit from an export transaction, monetary or
otherwise. Usually the seller of the goods.
VACIS stands for Vehicle and Cargo Inspection System. This is a type of X-ray exam that looks at the contents of an entire c
or truck.
Transportation charges to shippers who declare a value of goods higher than the value of the carriers' limits of liability.
The value for customs purposes of imported merchandise should be based on the actual value of the imported merchandise on
duty is assessed, or of like merchandise, and should not be based on the value of merchandise of national origin or on arbitrar
fictitious values.
The value of an import declared to the customs upon which customs duty will be calculated. In Australia, the value of the goo
time of export from the exporting country, thus generally the FOB value and using the exchange rate at the date of export. Ma
countries use the CIF value at the time or declaration in the importing country.
Costs that vary directly with the level of activity within a short time. Examples include costs of moving cargo inland on trains
trucks, stevedoring in some ports, and short-term equipment leases. For business analysis, all costs are either defined as variab
fixed. For a business to break even, all fixed costs must be covered. To make a profit, all variable and fixed costs must be reco
plus some extra amount.
A Verified Gross Mass document is only required if the goods are being shipped as a full container (FCL cargo). It is a very
important document that states the shipper’s verified gross mass of cargo. Shippers must ensure that shipping containers are c
weighed and verified within important weight limitations.
A seafaring vehicle; a boat or ship.
Vessel Alliances are agreements between different Vessel owners that allow vessel and slot sharing between the companies in
agreement. There are currently 3 main vessel alliances that account for 80% of the global shipping volume – 2M, OCEAN, an
alliances.
A document listing details regarding the crew and cargo onboard a vessel.
A traffic monitoring system used by harbour or port authorities used to monitor ships, similar to air traffic control used to mo
aircraft.
A notional or calculated weight for bulky goods sent by air. Generally stated as 6000cm3 = 1 kg, meaning that the total volum
cubic centimetres is divided by 6000 to give an equivalent weight in kgs. The airline or forwarder will charge whichever is th
of the actual weight and volumetric weight. Also shown sometimes as 167 kg = 1 cbm.
A contract whereby the shipowner places the vessel at the disposal of the charterer for one or more voyages, the shipowner be
responsible for the operation of the vessel.
Insurance coverage for losses resulting from an act of war.
An insurance provision that covers loss due to war and/or strike.
A place for the storage, consolidation and distribution of cargo. Warehousing is the storage of cargo.
Receipt identifying the commodities deposited in a recognized warehouse. It is used to transfer accountability when the dome
carrier moves the export item to the port of embarkation and leaves it with the ship line for export.
A non-negotiable document prepared by or on behalf of the carrier at the point of shipment origin. The document shows point
origin, destination, route, consignor, consignee, description of shipment, and amount charged for the transport service.
A structure built on the shore of a harbour which facilitates the docking of ships.
A charge assessed by a pier or dock owner for handling incoming or outgoing cargo.
Wharfage is the fee charged by certain U.S. Port Authorities for using a wharf to unload cargo from a vessel. Specifically, thi
applicable in the Ports of Miami, Mobile, Houston, and New Orleans.
A term indicating that a shipper's agent or representative is empowered to make definitive decisions and adjustments abroad w
approval of the group or individual represented.
An X-ray exam, also known as a Non-Intrusive Inspection (NII) or a Vehicle and Cargo Inspection System (VACIS) exam, is
least intensive Customs exam.
SECOND HALF
ALONGSIDE
ANCHORS AND CHAINS PROVED
AIRCRAFT CARRIER
ACCOUNT CURRENT
ALTERNATIVE DAYS
(ANTE MERIDIEM) BEFORE NOON
ACCOUNT OF
AFTER SIGHT
ALONGSIDE
ALWAYS AFLOAT
AFTER ARRIVAL
ALWAYS ACCESSIBLE
AVERAGE ADJUSTER
AGRICULTURAL ADJUSTMENT ACT
ALWAYS AFLOAT, ALWAYS ACCESSIBLE
ALWAYS AFLOAT OR SAFE AGROUND
AGAINST ALL RISKS
ALWAYS ACCESSIBLE OR REACHABLE ON ARRIVAL
ABLE SEAMAN
ABLE BODIED SEAMAN
AVERAGE BOND
AMERICAN BUREAU OF SHIPPING
ABOUT
ALTERNATIVE CURRENT
ACCOUNT
ALTERNATING CURRENT
ACCOUNT
ACCEPTED
ACKNOWLEDGE
AIR CUSHION VEHICLE
AFTER DATE
AREA DIFFERENTIAL
VAL (AD VALOREM) ACCORDING TO VALUE
ADDRESS COMMISSION
AUTOMATIC DIRECTION FINDER
ADJUSTMEN
ADVANCEMENT OF SPECIAL SURVEY
ADVERTISEMENT
ANTI-FOULING
ADVANCED FREIGHT
ALSO FOR
AQUEOUS FILM FORMING FOAM
AVERAGE FREIGHT RATE ASSESSMENT
ARABIAN GULF
ICE BREAKER
AMPHIBIOUS VESSEL
AGENT
ACTUAL GROSS WEIGHT
ALL GOING WELL
AFTER HATCH
AHEAD
AUSTRALIAN HOLD LADDERS
ANCHOR HANDLING TUD AND SUPPLY VESSEL
AUTOMATIC IDENTIFICATION SYSTEM
AUTOMATIC LIFE-SAVING EMERGENCY RADIO TRANSMITTER
ADMIRALTY LIST OF RADIO SIGNALS
ALTERNATING
ABOVE MENTIONED
AIR MAIL
ABOVE MEAN SEA LEVEL
AMOUNT
AUTOMATED MUTUAL ASSISTANCE VESSEL RESCUE SYSTEM
AMERICANISED WELSH COAL CHARTER PARTY
ASIA-NORTH AMERICA WESTBOUND RATE AGREEMENT
ARTICLES NOT OTHERWISE PROVIDED FOR
AMERICAN NATIONAL STANDARD INSTITUTE
AWAITING ORDERS
AND OTHER
ANY ONE BOTTOM
AFTER OFFICE HOURS
ANY ONE LOCATION
ATLANTIC OCEAN REGION
ANY ONE STEAMER
ANY ONE VESSEL
ALL PURPOSES
ADDITIONAL PREMIUM
AFT PERPENDICULAR
AMERICAN PETROLEUM INSTITUTE
ARRIVAL PILOT STATION
AFT PEAK TANK
AUTOMATIC RADAR PLOTTING AID
AS SOON AS POSSIBLE
THE ASSOCIATED OF SHIPBROKERS AND AGENTS (USA) INCORPORATED NEW YORK
AMERICAN STANDARD CODE FOR IMFORMATION INTERCHANGE
ANY SAFE PORT IN THE WORLD
AMERICAN SOCIETY OF TESTING & MATERIALS
ACTUAL TIME OF ARRIVAL
ACTUAL TIME OF DEPARTURE
ANY TIME DAY & NIGHT
ANY TIME DAY/NIGHT SUNDAYS AND HOLIDAYS UINCLUDED
AVIATION TURBINE KEROSENE
ACTUAL TOTAL LOSS
ALL TIME SAVED
ALL TIME SAVED BOTH ENDS
ALL TIME SAVED DISCHARGING ONLY
ALL TIME SAVED LOADING ONLY
ACTUAL TIMES USED TO COUNT
ALL TIMES USED TO COUNT
AUTONOMOUS UNDERWATER VEHICLES
AVERAGE
AVIATION GASOLINE
AUTOMATIC VOLTAGE REGULATOR
AVIATION TURBINE GASOLINE
ALWAYS WITHIN INSTITUTE WARRANTY LIMITS
ADDITIONAL WAR RISK INSURANCE
ALL WORKING TIME SAVED BOTH ENDS
ALL WORKING TIME SAVED DISCHARGING ONLY
ALL WORKING TIME SAVED LOADING ONLY
ALWAYS WITHIN VESSEL’S NATURAL SEGREGATION
BEAM (VESSEL’S) / BREADTH
BREAK-EVEN
BILL OF EXCHANGE
BILL OF ENTRY
BONDED GOODS
BILL OF LADING
BILLS PAYABLE
BILLS RECEIVABLE
BRITISH ADMIRALTY
BUNKER ADJUSTMENT FACTOR
BALANCE
BALLAST BONUS
BELOW BRIDGE
BREAK BULK
BREAKING BULK
BARE BOAT
BULBOUS BOW
BEFORE BREAKING BULK
BREAK BULK CARGO
BARE BOAT CHARTER
BARRELS
BULK CARGO
CODE CODE OF SAFE PRACTICE FOR SOLID BULK CARGOES
CODE FOR THE CONSTRUCTION AND EQUIPMENT OF SHIPS CARRYING DANGEROUS
IN BULK
BOW TO CENTRE MANIFOLD
BENEFICIAL CARGO OWNERS
BAR DRAUGHT
BOTTOM DEAD CENTRE
BOTH DATES (DAYS) INCLUSIVE
BOTH DATES INCLUSIVE
BUNDLES
BOARDS
BOTH ENDS (LOAD & DISCHARGE PORTS)
BALTIC FREIGHT INDEX
BAG
BILL OF HEALTH
BULKHEAD
BRAKE HORSE POWER
BOTH INCLUSIVE
BUREAU INTERNATIONAL DES CONTAINERS (INTERNATIONAL CONTAINER BUREAU)
BALTIC INTERNATIONAL FREIGHT FUTURES INDEX
THE BALTIC AND INTERNATIONAL MARITIME COUNCIL
BROKERAGE
BULGARSKI KORABEN REGISTAR (BULGARIAN REGISTER OF SHIPPING)
BALES
CODE CODE OF PRACTICE FOR THE SAFE LOADING AND UNLOADING BULK CARRIERS
BEAM – THE MAXIMUM BREADTH OF A SHIP
BENDING MOMENT BENCH MARK
BOOKING NOTE
BOARD MEASURE
BUYER’S OPTION
BRENCH OFFICE
BERTHING ON ARRIVAL
BUNKER ON BOARD
BALANCE ON BOARD
BUNKERS ON DELIVERY
BEST OFFERS
BILL OF LADING
BLOW-OUT PREVENTER
BUNKERS ON REDELIVERY
BOARD OF TRADE
BILL PAYABLE
BOILER POINT
BETWEEN PERPENDICOLAR
BARRELS
BUNKERS REMAINING ON BOARD
BUNKER SURCHARGE
BUNKER SURVEY
BILL OF SALE
BROKEN STOWAGE
BALE SPCE
BRITISH SHIPPERS COUNCIL
BASIC SEA CHARGE
BRITISH STANDARDS INSTITUTION
BASIS
44927 BASIS 1 PORT TO 1 PORT
BRITISH STANDARD TIME
BRITISH SUMMER TIME
BERTH TERMS
BUREAU VERITAS
BRACKISH WATER
BALLAST WATER
BRACKISH WATER ARRIVAL DRAFT
BRACKISH WATER DEPARTURE DRAFT
BALLAST WATER TANK
CHIEF ENGINEER
CONSIGNEMENT NOTE
COVER NOTE
CHIEF OFFICER
CHARTER PARTY
CURRENCY AND BUNKER ADJUSTMENT FACTOR
CASH AGAINST DOCUMENTS
CURRENCY ADJESTMENT FACTOR
CASH BEFORE DELIVERY
CUBIC FEET
CUBIC METER
CONVENTIONAL BUOY MOORING
COMMODITY BOX RATE
CYPRUS BUREAU OF SHIPPING
CLEAN BALLAST TANK
CUBIC CAPACITY
CUBIC CENTIMETRES
CONTINUATION CLAUSE
CANADIAN COAST GUARD
CHINA CLASSIFICATION SOCIETY
CUSTOMARY DESPATCH
COUNCIL OF EUROPEAN AND JAPANESE NATIONAL SHIPOWNERS ASSOCIATION
COAST EARTH STATION
/ C&F COST & FREIGHT
CONTAINER FREIGHT STATION
CUBIC FEET
CENTRE OF GRAVITY
CARGO’S PROPORTION OF GENERAL AVERAGE
CHARTERER’S AGENTS BOTH ENDS
CHARTERERS OPTION
CHARTERERS
COST, INSURANCE & FREIGHT
COST, INSURANCE, FREIGHT & EXCHANGE
COST, INSURANCE, FREIGHT & INTEREST
COST, INSURANCE, FREIGHT AND COMMISSION
COST, INSURANCE, FREIGHT, COMMISSION & INTEREST
CONVENTION INTERNATIONALE CONCERNANT LE TRANSPORT DEL MERCHANDISES
CHAMIN DE FER
CARRIAGE AND INSURANCE PAID TO
CALLING IN PORT
CHARTERED INSTITUTE OF TRANSPORT
COMPLETELY KNOCKED DOWN
CIVIL LIABILITY CONVENTION
CONTAINER LOAD PLAN
COMITE MARITIME INTERNATIONAL
CONVENTION MARCHANDISE ROUTIERS
CONTRACT OF AFFREIGHTMENT
CONTRACT OF AFFREIGHTMENT CHARTER PARTY
CLOSING OF BUSINESS
CERTIFICATE OF COMPETENCY
CASH ON DELIVERY
CERTIFICATE OF FITNESS
CERTIFICATE ON FLAT CAR
CARRIAGE OF GOODS BY SEA
CARRIAGE OF GOODS BY SEA ACT
COMBINED TRANSPORT DOCUMENT
CONSUMPTION
CUSTOMS OF PORT
CARGO OIL TANK
CRUDE OIL WASHING
(OR C/P) CHARTER PARTY
CHARTERERS PAY DUES
CLEAN PETROLEUM PRODUCTS
CONTROLLABLE PITCH PROPELLER
CARRIAGE PAID TO
CUSTOMARY QUICK DESPATCH
CHINA CORPORATION REGISTER OF SHIPPING
CURRENT RATE
CRANE
CARGO REMAINING ON BOARD
CROATIAN REGISTER OF SHIPPING
INTERNATIONAL CONVENTION FOR SAFE CONTAINERS
CONTAINER SLOT MANAGEMENT
COMPANY SECURITY OFFICER
CHECH AND SLOVAK SHIP’S AND INDUSTRIAL REGISTER
CONTINUAOS SERVICE RATE
CENTISTOKE
CENTRAL STANDARD TIME
CONFERENCE TERMS
CONSTRUCTIVE TOTAL LOSS
COMBINED TRANSPORT OPERATOR
CONTAINER FITTED
CUBIC FEET
CONSECUTIVE VOYAGES
CONTAINER YARD
DAYS AFTER DATE
DELIVERED AT DOCK
DISCHARGE AFLOAT
DAMAGES FOR DETENTION
DAYS ALL PURPOSES
DAYS ALL PURPOSES (TOTAL DAYS FOR LOADING & DISCHARGING)
DOCKING AID SYSTEM
DOUBLE BOTTOM
DOUBLE BOTTOM TANK
DIRECT CURRENT
DAILY DISCHARGE
DRY DOCKING
DESTINATION DELIVERY CHARGE
DELIVERED DUTY PAID
DELIVERED DUTY UNPAID
DELIVERY
DEMURRAGE (QUAY RENT)
DELIVERED EX QUAY
DELIVERED EX SHIP
DESPATCH
DETENTION
DANGEROUS GOODS
DANGEROUS GOODS
DANGEROUS GOODS NOTE
DIFFERENTIAL GLOBAL POSITIONING SYSTEM
DEMURRAGE HALH DESPATCH
DESPATCH HALF DEMURRAGE ON ALL TIME SAVED BOTH ENDS
DESPATCH HALF DEMURRAGE ON WORKING TIME SAVED BOTH ENDS
DELIVERED IN CHARGE
DISCHARGE
DISCHARGE PORT
DISTANCE
DECK
VIETNAM REGISTER OF SHIPPING
DROPPING LAST OUTWARDS SEA PILOT
DISCOUNTLESS AND NON-RETURNABLE CARGO AND/OR SHIP LOST OR NOT LOST
DET NORSKE VERITAS
DIESEL OIL
DOCUMENT OF COMPLIANCE
DROPPING OFF LAST SEA PILOT
DROPPING OUTWARD PILOT
DROPPING OUTWARD SEA PILOT
DEPARTMENT OF TRANSPORT
DYNAMIC POSITIONING
DIRTY PETROLEUM PRODUCTS
DEAD RECKONING
DAILY RUNNING COST
DERRICK
DIGITAL SELECTIVE CALLING
DANGEROUS SUBSTANCE IN HARBOUR AREA
DEEP TANK
DEADWEIGHT ALL TOLD
DAADWEIGHT
DEADWEIGHT CARGO CAPACITY
DEADWEIGHT CARGO TONNAGE
DEADWEIGHT
EUROPEAN AIR SHIPPER’S COUNCIL
EAST COAST
ELECTRONIC CHART DISPLAY AND INFORMATION SYSTEM
ELECTRONIC CHARTING SYSTEM
EAST COAST SOUTH AMERICA
EXPORT CARGO SHIPPING INSTRUCTION
EUROPEAN COUNCIL OF TRANSPORT USERS
EFFICIENT DECK HAND
ELECTRONIC DATA INTERCHANGE
ELECTRONIC DATA INTERCHANGE FOR ADMINISTRATION, COMMERCE AND