Glossary of Shipments

Abbreviations & their terms of logistics & freight forwarding industry explained!


A

Affreightment
hire of the ship. Contract of affreightment contract of hire.

AR – all risks
Full insurance risk.

ARES

Insurance policy, the responsibilities of shippers. It does not cover all the responsibilities incumbent on the shipper, but only professional errors & omissions.

Owner – Ship owner

Person or company established & legally recognized & adibisce that manages the transport of goods, people, or both, one or more vessels: takes care of the supply, the composition of the crew & the award to the captain.



 

B

Flag – Flag
Identifies the nationality of the ship; is hoisted at the stern while sailing day.

Corner blocks

Locks to secure the unit load on the ship or on the vehicle that carries it.

Booking notes

Confirmation reserve space on ship.

Bond

security, good bond / bonded warehouse, warranty. Advance payment bond money back guarantee or warranty of return in advance. Bid bond / bond tender offer warranty. Ex / out bond duty, untied. In / under bonds on deposit / bond under customs. Performance bonds guarantee contract performance bond.

Bulk

A term used to transport unitized as opposed to the classification of goods under the cooling load. Shows in general all goods loaded as bulk, but it is usually accompanied by sub classification in solid bulk & liquid bulk, which specifies the characteristics .

Bulk carrier – BC

Ships for transport of dry bulk cargo.

Bulk cargoes code – BC Code

IMO for maritime transport of dry bulk cargo..

Bunker

Fuel. The bunker tank is the tank on board ships where the fuel is stored.



 

C


Cabotage

Transportation inside the national borders of a Country.

Cargo

Load. Cargo manifest A document where it is listed all the goods in the shipment.

Carriage forward

Agreement in which transport costs are paid by the receiver.

Carriage paid

Agreement in which transport costs are paid by the shipper..

Cash against documents (CAD)

Payment of the goods when they are delivered.

Clean on board

A term used the transport documents, mainly in the ocean bills of lading, confirming the integrity of the goods shipped.

Collect freight

A freight that is payable at destination place..

Combined Bill of Lading – CBL – HBL – TBL

Combined transport documents.

Container

wide used term that identifies a metallic structure capable to contain various kind of goods. The purpose of the container is to reduce handling time, loading & unloading from ship or other vehicles, & offer security throughout the whole shipment..

Container 45′

Non-ISO st&ard container. Its dimensions can vary from 45′ (13,72 mt) to 53′ (16,10 mt.) in length.

Containers shipping Lo/Lo – Containers shipping Ro/Ro

A ship designed to optimize the space reserved for containers. It can also have space for break bulk cargo or road vehicles.

Corner fitting

Blocks to secure the load on the ship or on the vehicle that carries it.

Crane

Traditional lifting crane in which the load is pulled thanks to an arm.

Crane

Traditional lifting crane in which the load is pulled thanks to an arm.

Customs broker

A profession that involves the “clearing” of goods through customs barriers for importers & exporters.

Customs clearance

Process that allow the goods to enter the country in which they are shipped to.

Customs warehouse

A warehouse with the only purpose to stock the goods waiting to be cleared.



 

D


Door to door

A transport organized from place of production (or other place agreed) to end customer place.

Door to pier

A transport organized from place of production (or other place agreed) to pier.

Dry bulk containers

Dry bulk containers have different type of openings on the side or on the bottom wall in order to ease the process of loading & unloading.

DSP / DTS – Droits de tirage special

Virtual money created by the International Monetary Fund in order to calculate the value of carrier responsibility.



 

E


ETA

Expected time arrival, data previsto arrivo.

ETD

Expected time departure, data prevista partenza.



 

F


FCR – Fiata forwarder certificate of receipt

Certificate of acceptance for the delivery of the goods by the forwarder.

FCT – Fiata forwarder certificate of transport

Transport document issued by the freight forwarder.

Feeder

Small tonnage ship or port used to traffic redistribution.

Ferry boat – Roll on/Roll off

A ship designed with the purpose to board different kind of vehicles like trailers or rail wagons.

FEU

Acronym of Forty feet Equivalent Unit

Flag

The flag distinguishes the nationality of the ship; is hoisted at the stern during the daytime sailing.

Flat rack containers

A flat rack container has removable side walls & is usually utilized to forward out of gauge material.

FWR – Fiata warehouse receipt

Receipt for the collection of goods in the warehouse.



 

G


Gas carriers

Tanks able to transport liquefied gases.

Gross registered tonnage

Measure of the volumes of spaces in a ship, including those not used for securing the load. It is performed by the Naval Register that issues the registration certificate.



 

H


Handling

Set of operations & ancillary services related to freight handling of the goods.

Hold

Space of the vessel used to receive the cargo to be transported.

Hull

An insurance term that defines the set consisting of hull, equipment & appliances of a ship.

Hull & Machinery

An insurance term that refers to the hull of the ship, as well as to the engine or auxiliary machinery & all other parts.



 

I


Insulated containers

This type of containers have insulated walls to reduce the gap of temperatures between outside & inside environment.



 

L


Lash carriers

Carriers that have their own equipment allowing the loading & unloading of barges without the mooring quay.

Lashing

The operation that, with the use of special cables, permits the displacement of voluminous & heavy loads.

Layday

The layday is the period of time during which the vessel remains at the disposal of the loader or receiver the perform the loading or unloading of the goods. The laydays are agreed in the contract.

LCL – “Less than Container Loaded”

Container used by more than one shipper both on departure & arrival. A typical case is the groupage, where the final destination is not the whole container but individual packages, pallets, cartons etc..

Liner

Regular seafreight traffic of containers.

Liquid bulk

Bulk liquids whose load is via pumps. These include, for example: oil & derivatives, liquid chemicals, vegetable oils, wine, soda caustic solution, fertilizers.

Log book

The log books are usually books that have to be necessarily kept on board the ship & on which are shown chronologically, the inventory of existing objects, revenues & expenses, the route followed, meteorological observations & extraordinary events that have occurred..

Lo-Lo – Lift on/Lift off

Boarding & unloading of intermodal transport units through vertical movement with a lifting system.

Lump sum

Amount that include every cost of the shipment.



 

M


Mulex

Great bag for bulk cargo in small batches.



 

N


Net

net weight. Net-net Weight measured without packaging.

Net registered tonnage

Measure of the volumes of spaces in a ship for securing the loads. It is performed by the Naval Register that issues the registration certificate.

Non-vessel operating common carrier – NVOCC

An NVOCC is a common carrier that holds itself out to the public to provide ocean transportation, issues its own bills of lading or equivalent documents, but does not operate the vessels that transport cargo..



 

O


Ocean bill of lading (B/L)

Document attesting the shipment of goods & shows all elements relating to the shipment.

On deck loading

If the goods are boarded on deck (not on hold), the policyholder or the insured must notify the insurer in order to be aware of the risk.

Open hatch gantry crane – OHGC

Ships with open hatch & a overhead granty crane.

Open top containers

Unlike what happens with traditional container, the goods are protected by tarpaulin fixed to the walls. Goods are loaded from the top, utilzed usually for heavy loads.



 

P


Packing list

List indicating the quantity, weight & description of goods in a shipment.

Perils of the sea

Any damages resulting from accidents during navigation, exluding the natural action of wind & waves.

Pier

Quay, wharf, jetty.



 

Q


Quick work – Bottom

Part of the ship under the waterline.



 

R


Refrigerating containers

Containers provided with fixed or removable refrigerating equipment, powered by the electric generator coupled to a diesel engine.



 

S


Said to contain – STC

Term wrote in B/L by the ocean carrier when there is a full container load (FCL).

Ship owner

Person or entity that is entitled of the management of one or more ship to transport goods or persons.

Shipper

Person or entity that is entitled of transport contract with the carrier.

Shipper declaration for transport of dangerous goods – SDT

Declaration issued by the shipper for the transport of dangerous goods, prepared on a FIATA model.

Shipping agent

Maritime agent or freight forwarder.

Shipyard

A ship construction site.

Short sea shipping (SSS)

The “short sea shipping” expresses the movement of goods & passengers by sea between domestic ports.

Slot

Cell of a ship designed to load containers, boxes or trailers.

Solid bulk (or dry bulk)

Solid bulk cargoes may include iron, zinc, bauxite, sugar, coal, s&. Loading operation are usually performed thanks to bucket elevators or lifting belts.

Spreader

Equipment that connects the wires of a crane with a container.

Stowage

Arrangement of the goods inside the hold of a ship or any box or mean of transport.



 

T


Tank containers

Cylindrical tanks fixed to a metal structure having the external dimensions of a container.

Tanker

Ship to transport liquid bulk.

Tankers

Ships that transport liquid cargo (oil & its derivatives, wine, water & so on). The tanks, in almost all cases, have walls glazed the ensure greater protection for the product & facilitate the washing operations.

Terms

Conditions of transport, see Incoterms.

TEU

Acronym of Twenty feet Equivalent Unit.

THC (Terminal handling charges)

Charges for handling containers stowed on the ship.

Through bill of lading

Sea multimodal transport document.

Transhipment

The process by which the goods are transferd from the ship or other means for the transport, on the ground or other vessel or other means of transport to enable it to reach the place of final destination

Transroulage

Combined transport sea/road.

Twistlock

Locking pin of a loading unit (e.g. container) to lock it to the vessel or the transport vehicle.



 

V


Very large crude carrier – VLCC

Large tonnage ship used to transport liquid bulk.



 

W


Warehouse

Deposit. Bonded warehouse Where goods are temporary stored (e.g. goods in transit). Customs warehouse Where goods are stored before clearing.



 

 

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