Glossary association of marine underwriters of san francisco. Shipping and importing is filled with complicated terminology. Disclaimer this information is disseminated under the sponsorship of the u. Econo delivery time the time during the day and for the days of the week, during which the receiving unit will spot and unload trucks and rail cars. I hope that authors, poster presenters, and lecturers will use this edition as a guide for the right word. The ambient temperature of a container is the atmospheric temperature to which it is exposed. Glossary of international shipping, customs and regulatory terms. Pro short for progressive number, the pro is a unique identi. Appendix b glossary of terms september 2012 b1 appendix b. A glossary of marine insurance and shipping terms marine. An individual, partnership or corporation which arranges transportation service for client companies. When applied to agricultural commodities shipped under food for peace, ofd is the amount paid by the commodity.
General shipping terms arbitration a method of settling disputes by one or more arbitrators. Aaei american association of exporters and importers. We try not to use it when talking to you, but sometimes we slip up. This reflects the package density, which is the amount of space a. Glossary of customs and trade terms b bl abbreviation for bill of lading. Supply chain and logistics terms and glossary updated february, 2010 please note. A shipping industry term used to denote the agreement of a new charter. Common freight term glossary and explanations freightos. A wharf may have two or three berths, depending on the length of incoming ships. In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to or absorbed into each unit of production. Typically assessed based on the duration of a vessels stay and length overall loa. Legal and economic analysis of tramp maritime services annex 1 glossary of key shipping terms aframax a tanker of 80. A term stated on the bills of lading offering lower shipping rates to importers east of the rockies provided merchandise from the far east comes in through the west coast ports. Goods shipped loose in the vessel hold and not in a container.
From portside to starboard, and everything in between. A written notice of a change in the terms of a letter of credit. Disclaimer this information is disseminated under the sponsorship of the department of transportation in. Glossary of purchasing and warehouse inventory terms. Glossary of terms used in nerc reliability standards. Cargo manifest a manifest that lists all cargo carried on a specific vessel voyage. The international warehouse logistics association iwla does not take responsibilityfor the content of these definitions and doesnot endorse theseas official. Fob shipping terms freight terms customer takes title of goods customer responsibilities vendor responsibilities fob point of origin, freight collect at point of origin or factory pays freight bears freight owns goods in transit must file claims for loss, damage or overcharges fob point of origin, freight prepaid and allowed at point of origin. Department of transportation in the interest of information exchange. There are more than two hundred terms and their definitions in our glossary. Glossary glossary of shipping terms 2011 clarkson research services limited st magnus house 3 lower thames street london ec3r 6he united kingdom. Term used in contracts, meaning the process of providing exclusive, unencumbered, peaceful, and vacant possession of and access to a concession area and the existing operational port infrastructure and also all rights, title free of all encumbrances and security, and interest in all the movable assets and all the facilities by the government. Brush up on your international shipping vocabulary or find the definition for a specific shipping or customs term. To the extent that explanations provided in this glossary differ from those in epa regulations or.
The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. The package weight rounded up to the next whole pound. Glossary of shipping terms a shipment freight terms. Using comparison functions, we can list each document that uses specific terms and determine which documents use the same definitions of that term. Line haul rate that includes the combination of rail and transload costs. Refer to our inco terms page for a detailed explanation of the inco terms. As after sight, account sales, alonside chartering at american terms grain trade av average, ad valorem according to value aadfi association of african development finance institutions.
Shipper and consignee, dimensions and weight, description of the goods and shipping terms. This ninth edition of the glossary of prosthodontic terms upholds the. The consignee is typically the buyer of the goods being delivered. A system available to brokers with the computer capabilities and customs certification to transmit and exchange customs entries and other. Shipping terms and definitions arcbest corporation.
Like every other industry, the shipping and freight business is awash with jargon. Bill of lading a document that establishes the terms of contract between a shipper and a transportation company. Acquiescence when a bill of lading is accepted or signed by a shipper or shippers agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent. Chassis a rail shipping term that refers to a frame with wheels and locking devices to secure a container during shipping. To clarify and assist you with some of the most common shipping and freight terms please use our az glossary.
Freight classifications are used for less than truckload ltl shipments. Delivery termsa contractual designation of location of delivery, the time of delivery and shipping costs. A contract between a shipper and carrier listing the terms for moving freight between specified points. This glossary lists each term that was defined for use in one or more of nercs continentwide or regional reliability standards and adopted by the nerc board of trustees from february 8, 2005 through february 24, 2020. As australias leading specialist marine insurer, weve developed a glossary of terms as an expert. Glossary of purchasing and warehouse inventory terms standard terminology and definitions relating to purchasing and warehouse inventory systems access spacean aisle used to gain access to facings, slots or stacks. Incoterms 2015 exw ex works the seller makes the goods available to be collected at their premises and the buyer is responsible for all other risks, transportation costs, taxes and duties from that point onwards. Accountable stockmaterials designated for inventory and some control of issue andor access. Shipping terms common shipping and freight terms rjj. Get the easy explanations of what it all means at shippo here we provide glossary of shipping terms and freight terms with further explanations of common terms. For your convenience, we have arranged these into four main categories. Our exhaustive glossary fleshes out freight, clarifies cargo, and demystifies the documents with easytounderstand explanations of the words and acronyms you will encounter most. Classification a freight classification is assigned to a shipment for the purpose of applying transportation charges. Berth term shipped under a rate that does not include the cost of loading or unloading.
You can access these by simply clicking on the appropriate category below. This reference is divided into four sections, and each section is organized in alphabetical order. Common freight term glossary and explanations there are so many freight related terms that sometimes even the pros are left scratching their heads. Tariff a list of terms andor rates published by a carrier that includes. Line haul rate that includes the cost of drayage services and accessorial charges such as free days or per diem relief. Sea fever pdf format this is a glossary of shipping terms and marine terminology as it pertains to marine insurance.
Definitions are extracted from each code and standard and compiled into a pdf. The amendment becomes an integral part of the original letter of credit. Use our easy to understand shipping terms definitions in our glossary. Bareboat the hiring or leasing of a vessel from one company t o another the charterer, which provides crew, bunkers, stores, etc. Berth dues or quay dues or dockage charges for the use of a berth. Glossary of shipping terms a2z mainfreight singapore. For domestic and international services, the billable weight will be the greater of the dimensional weight as compared to the actual weight. The spare volume of a container or the cargo hold of a vessel where no cargoes are stowed. Services that transport goods and packages weighing in excess of 150 lbs or more or with a dimension greater than 4 feet in most cases.
A container with goods protruding beyond the sides of the containerflat rack onto which they are packed. Accessorial charges charges that are applied to the base tariff rate or base contract rate, e. Consortium a group of combined transport operators who agree to rationalise sailing in a trade and carry each others cargo. Glossary of terms this glossary includes a collection of some of the terms used in this manual and an explanation of each term. The information has been gathered from many sources believed to be reliable, but the association assumes no responsibility for the accuracy of the information. The glossary of terms got is an nfpa staff managed project. Pdf glossary of shipping terms waleed saleh academia. Ocean freight differential ofd is the amount by which the cost of the ocean freight bill for the portion of commodities required to be carried on u. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. The surrender of the property, and any rights and liabilities attaching to it, by the insured to the insurers when a claim for total loss is to be made. Glossary of terms bunker surcharge bunker adjustment factor baf, or bunker surcharge bsc are surcharges assessed by carrier to freight rates to reflect current cost of heavy oil used as fuel for ocean vessel. Fall 2008 terms and glossary supply chain management absorption costing.
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