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Bill of Lading
Official legal document representing
ownership of cargo; negotiable document
to receive cargo; contract for cargo
between shipper and carrier.
Break Bulk
Loose cargo, such as cartons, stowed
directly in the ship's hold as opposed
to containerised or bulk cargo. The
volume of break bulk cargo has declined
dramatically worldwide as
containerisation has grown
Breakbulk Vessel
A general cargo vessel designed to
efficiently handle un-containerised
cargo. Vessels are usually
self-sustaining in that they have their
own loading and unloading machinery.
Carrier
Any individual, company or corporation
engaged in transporting goods. Container
shipping lines are sometimes referred to
as carriers.
Consignee
The person or firm named in a freight
contract to whom goods have been
consigned or turned over. For export
control purposes, the documentation
differentiates between an intermediate
consignee and an ultimate consignee.
Consignment
Delivery of merchandise from an exporter
(the consignor) to an agent (the
consignee) under agreement that the
agent sell the merchandise for the
account of the exporter.
Container
A reusable steel rectangular box for
carrying cargo that first came into
common use about 50 years ago.
Container Terminal/Yard
A docking, unloading and loading area
within a port designed to suit the sizes
and needs of container ships.
Demurrage
Excess time taken for loading or
unloading a vessel, thus causing delay
of scheduled departure. Demurrage refers
only to situations in which the charter
or shipper, rather than the vessel's
operator, is at fault.
Dry Bulk
Loose, mostly uniform cargo, such as
agribulk products, coal, fertilizer, and
ores that are transported in bulk
carriers.
Duty
A tax imposed on imports by the customs
authority of a country. Duties are
generally based on the value of the
goods (ad valorem duties), some other
factors such as weight or quantity
(specific duties), or a combination of
value and other factors (compound
duties).
Forty-foot Equivalent Unit (FEU)
This is a container that is the same
height and width as a TEU but twice the
length. As a result, it has twice the
capacity.
Freight Forwarder
An independent business which handles
export shipments for compensation. At
the request of the shipper, the
forwarder makes the actual arrangements
and provides the necessary services for
expediting the shipment to its overseas
destination. The forwarder takes 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
necessary overseas communications, and
advises the shipper on overseas
requirements of marking and labeling.
Freight Rates
The charge made by a shipping line for
the transportation of freight aboard one
of its ships from one place to another.
Full Container Load (FCL)
A container loaded, completely or
almost, to its maximum weight limit or
cubic content.
Gantry Crane
A type of crane used to load and unload
container ships. It lifts objects with a
hoist and can move horizontally on a
rail or pair of rails.
Gateway
In the context of travel activities,
gateway refers to a major airport or
seaport. Internationally, gateway can
also mean the port where customs
clearance takes place.
Import License/Permit
A document required and issued by some
national governments authorising the
importation of goods. With such
documentation, customs clearance can be
conducted.
Incoterms
Maintained by the International Chamber
of Commerce (ICC), this codification of
terms is used in foreign trade contracts
to define which parties incur the costs
and at what specific point the costs are
incurred.
Intermodal
Movement of goods by more than one mode
of transport, ie. airplane, truck,
railroad and ship.
International Maritime Organization
(IMO)
A specialised agency of the United
Nations responsible for measures to
improve the safety and security of
international shipping and to prevent
marine pollution from ships. It is also
involved in legal matters, including
liability and compensation issues and
the facilitation of international
maritime traffic.
International Organization for
Standardization (ISO)
An international standard-setting body
composed of representatives from various
national standards organisations. It was
the ISO that prescribed the standard
size of shipping containers to make
global container trade more efficient.
Less than Container Load
A shipment of cargo that does not fill a
container and is merged with cargo from
more than one consignee or from more
than one shipper.
Maiden Voyage
The very first journey a ship makes
after being delivered from the
ship-yard.
Prime Movers
Vehicles used for transporting
containers.
Reefer
A temperature-controlled container
usually refrigerated but sometimes
heated.
Roll-on, Roll-off (RORO)
A type of ship designed to load &
discharge cargo which rolls on wheels or
tracks.
Rubber Tyred Gantry Cranes
Rubber-tyred gantry cranes (RTGs) are
specialized equipment for loading and
unloading standard containers. They are
used in both container terminals and
specialized container storage yards.
Shipper
Any person or organisation paying for
its cargo to be shipped from one place
to another.
Straddle Carriers
A Straddle Carrier is a non road going
vehicle for use in port and yards used
for stacking and moving containers.
Straddles pick and carry containers
while straddling their load and
connecting to the top lifting points.
These machines have the ability to stack
containers up to 4 stories high.
Transshipment
Transshipment refers to the act of
sending an exported product through an
intermediate country before routing it
to the country intended to be its final
destination.
Twenty-Foot Equivalent Unit (TEU)
TEU is a measure of a ship's
cargo-carrying capacity. One TEU
measures twenty feet by eight feet by
eight feet -- the dimensions of a
standard twenty-foot container. An FEU
equals two TEUs.
Vessel
Another word for a boat or ship.
Container ships are sometimes referred
to as vessels.
Wharfage A charge assessed by a
pier or dock owner for handling incoming
or outgoing cargo.
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