-
ANF
Arrival
Notifcation Form- Advice to the consignee of goods coming forward.
Top
-
BAF
Bunker
Adjustmernt Factor. Freight adjustment factor to reflect current cost of
bunkers.
Top
-
B/L
Bill
of lading – acts as a receipt for the cargo and contains the terms of the
contract of carriage and is a document of title to the goods.
Top
-
B/L
Ton
Bill
of lading ton-the greater weight or measurement of goods where 1 ton is either
1000 kilogramme or 1 cubic metre, also called Freight Ton
Top
-
Blue
Book
Sets
out regulations for the carriage of dangerous goods in ships, as requred by the
Department of Trade for dangerous goods aboard ships in British ports. It
largely refers to the IMDG Code (see below).
Top
-
Bonded
Warehouse
A
place of security approved by the custom authorities for the deposit, keeping
and securing of goods liable to excise duty, without payment of this duty.
Top
-
Box
A
colloquial name for a container.
Top
-
Boxtime
A
standard BIMCO time charter for container ships.
Top
-
Break
Bulk Cargo
Goods
shipped loose in the vessel’s hold and not in containers.
Top
-
CABAF
Currency
and bunker adjustment factor, a combination of CAF and BAF.
Top
-
Cabotage
Coastal Navigation , Coastal Cargo Marine transportation , Cargo
marine transportation in National coastal Area .
Top
-
CAF
Currency
adjustment factor- adjusts the freight to reflect currency exchange
fluctuations.
Top
-
C/B
Container
base- one of a group of container freight stations.
Top
-
C&D
Collect
and delivery- carriage from/to customer’s premises to / form CFS (see
hereunder).
Top
-
C&E
Customs
and Excise.
Top
-
C&F
Cost
and Freight- a conventional port-to-port INCOTERM of sale, more correctly known
as CFR (see below)
Top
-
CFR
Cost
and Freight- (see above).
Top
-
CFS
Container
Freight Station- a place for the packing and unpacking of LCL consignments.
Sometimes known as C/B in the U.K; Depots in other parts of the world’
and ICD in the U.K. and the Indian Subcontinent.
Top
-
CIF
Cost,
Insurance and Freight- (see above).
Top
-
CMI
Comite
Maritime International – an international committee of maritime lawyers.
Top
-
COT
Customer’s
On Transport-i.e. the customer collects the cargo from or delivers it to the
CFS/CY.
Top
-
Clip
on Unit-a portable refigeration unit.
Top
-
CPT
Carriage
Paid To-a new combined transport Incoterm replacing CFR where CT is involved
but applicable to all modes of transport, it used to be DCP. Particulary
appropriate for combined transport.
Top
-
CSC
Container
Safety Convention.
Top
-
CT
Combined
Transport- carriage by more than one mode of transport under ome contract of
carriage.
Top
-
CY
Container
Yard-collection and distribution point for FCL (see below) containers.
-
Certificate
of Origin
A
document certifying the country of origin of goods which is normally issued or
signed by a Chamber of Commerce or Embassy.
Top
-
Consortium
A
group of CTO who agree to rationallise sailings in a trade and carry each
others cargo.
Top
-
Delivery
Order
A
document authorising delivery to a nominated party of goods in the care of a
third party. This document
can be issued by a carrier
on surrender of the original bill of lading and then used by the merchant to
transfer title by endorsement.
Top
-
Demurrage
A
charge raised for detaining a vessel, cargo or FCL or carrier’s containers
and/or trailers for a longer period than provided for in the tariff or
contract.
Top
-
Depot
A CFS, (see above).
Top
-
Detention
A
charge raised for detaining cargo. Containers or trailers for a longer period
than provided for in th tariff.
Top
-
EDI
Electronic
Data Interchange-the transfer of structured data from one computer system to
another.
Top
-
EDIFACT
EDI
For Administration, Commerce and Transport- an – or- ganisation responsible to
UN ECE for the development of standard EDI messages for Adiminstration,
Commerce and Transport.
Top
-
EDP
Electronic
Data Processing-computer processing of data.
-
ETC
Electronic
Data Credits- and idea being developed by the EDI Banking Interst Section to
facilitate an EDI alternative to documentary credits.
Top
-
ETD
Estimated
Time of Departure (see ETA)
Top
-
FCL
Full
Container
Load-an arrangement whereby the shipper utilises all the space in a
container which he packs himself. “FCL door (or house)/LCL depot” would
describe a movement where a haulier, who was the sub-contractor of the
carrier, took an empty container to a shipper’s premises for packing by the
shipper and then to haul the loaded container back to the container yard. At
the importing end, the loaded container would then be unpacked at the CTO’s
depot by the sub-contractor of the carrier, who would effect delivery to the
consignee’s promises. “FCL port (or pier)/FCL deport” is when the carrier
receives from the shipper at the vessel’s side a containerpacked by the shipper
and delviers same to the consignee at the importing depot for the consignee to
take it to his premises for unpacking and subsequent retum of the empty
container to carrier’s depot.
Top
-
Feeder
Vessel
A
short- sea vessel used to fetch and carry goods and containers to and from
deep-sea ports/vessels.
Top
-
Freight
The
amount of money payable for the carriage of goods. Sometimes erroneously used
to describe the goods which are more correctly described as “ cargo” in marine
transportation.
Top
-
GA
General
Average.
Top
-
Groupage
Consolidation
of several LCL consignments into a container.
Top
-
H/L
Heavy
Lift.
Top
-
House
or Door
A
movemnt starting or finishing at the customer’s premisee. Thus, “House/House”
or “Door/Door” starts at the shippers premises and ends at the consignee’s
premises.
Top
-
IMDG
Code
International
Maritime Dangerous Goods Code- con – tains the IMO recommendations for the
carriage of dangerous goods by sea.
Top
-
IMO
International
Maritime Organisation- a UN body charged with the duty of making safety and
anti-pollution conventions and recommendations concerning sea transport.
Top
-
ISO
International
Standards Organisation- a body responsible for, inter alia,Setting Standards
for inter alia,setting standards for container construction.
Top
-
INCOTERMS
International
Rules for the Interpretation of Trade Termsat current comprising 13 terms
(listed above) for foreign trade contracts, compiled by ICC.
Top
-
L/C
Letter
of Credit- a document in which the terms of documentary credit transactions are
set out.
Top
-
LCL
Less
than container Load- when a parcel is too small to fill a container
which is grouped by the carrier at a CFS with other compatible goods for
the same destination. “ LCL door/ LCL depot” is effected when the carrier
collects the cargo from the shipper, takes it to his depot for groupage and
delivers to the import depot.
Top
-
L/I
Letter
of Indemnity- sometimes also called a letter of guarantee, it allows the
consignee to take delivery of his goods without the surrendering of the
original bill of lading which has been delayed or become lost.
Top
-
LO-LO
Lift
On Lift Off- a containership onto which and from which containers are lifted by
crane (as opposed to RoRo).
Top
-
Liner
A
vessel plying a regular pattern of a trade on a defined route under a published
sailing schedule.
Top
-
Liner
Terms
Freight
payable which includes the cost of loading and unloading.
Top
-
MMO
Multi
Modal Operator.
Top
-
Manifest
List
of goods or passengers on a vessel.
Top
-
M/R
Mate’s
Receipt- a receipt given to the party that delivers the cargo to the ship.The
M\R states quantity and condition of the cargo and where it was stowed.
Top
-
Notify
Party
The
party to whom the ANF (see above) is sent.
Top
-
O/H
Overheight-
a container with goods protruding above the top of the corner posts.
Top
-
OOG
Out
of Gauge- goods whose dimensions exceed those of the container in which they
are packed.
Top
-
O/W
Overwidth
– a container with goods portuding beyond the sides of the container/flat rack
onto which they are packed.
Top
-
POA
Place
of Acceptance – the place where the goods are received for shipment or transit
and where the carrier’s liability commences. Now more usually called POR (see
below).
Top
-
POD
Place
of Delivery- the place where the goods are delivered and carrier’s liability
ends. It can also mean proof of Delivery and then it means a signed receipt
acknowledging delivery.
Top
-
Port
or Pier
A
movemnt starting or finishing at he vessel’s side, as in the times of break
bulk cargoes, so that the inland movement prior and subsequent to sea carriage
is effected by the merchant. It is possible to encounter movements involving
more than one of these mentioned. Thus,”door(or house)/ depot” would describe a
movement starting at the shipper’s premises and ending at the CFS. Once the
details in respect of LCL or FCL are added to the bill of lading a full picture
of the type of movement contemplated by the shippers is possible.
Top
-
RN
Release
Note- a receipt signed by the customer with the acknowledgement of delivery of
his goods.
Top
-
Ro-Ro
A
ferry type vessel, onto which goods and containers can be driven usually via a
ramp.
Top
-
Reefer
A
refrigerated vessel or container.
Top
-
SDR
Special
Drawing Rights- means of a basket of currencies designed to “iron out” currency
exhange fluctuations in international valuations, now Used to express the
limitation under the Hague-Visby Relus and the MSA Limitation Convention.
Top
-
Shipper
The
person who tenders the goods for thecarriage, not to be confused with the party
issuing the bill of lading or the vessel’s operator who is the carrier.
Top
-
Slot
The
space on board a vessel occupied by a container.
Top
-
Stuffing/Stripping
The
action performed whe packing or unpacking a container.
Top
-
TEU
Twenty-Foot
Equivalent Unit – i.e. 1×20ft=
1 TEU, 1×40ft
= 2 TEU.
Top
-
THC
Terminal
Handling Charge- a charge for handling container at the ocen terminals.
Top
-
TIR
Transport
International Routiers- a system involving the issue of a carnet to road
hauliers which allows loaded vehicles to cross national frontiers with minimum
customs formalities.
Top
-
Tariff
The
terms and conditions and scale of charges- in the US trade the tariff must be
notified in advance to the FMC (see above)
Top
-
Terminal
The
port or deot at which containers are loaded or unloaded onto or from container
vessels, railways or trucks.
Top
-
Waybill
A
bill of lading that acts as receipt for the goods and evidence of the contract
of carriage. A wabill is a bill of lading that is not a document and can thus
be defined as follows :
a waybill is a receipt for goods;
a waybill is evidence of the contract;
a waybill is a non-negotiable document.
Under
a waybill delivery will be effected to a nominated consignee upon proof of
identity. As a title it presents a personal contract between the shipper and
the carrier only. There is (at present) no mandatory law or convention and the
parties have absolute freedom of contract.
Top
