Term | Definition |
---|---|
FOR-FORM | The type of offer or offers that can be used in the first negotiation of the sale of goods or services. if the pro forma is accepted then the terms and conditions of the pro forma may become a request.
|
PREPAID FREIGHT | Cargo transportation is paid by the shipper to the carrier whenproductsubmitted for shipment which is not returned if the goods do not arrive as intended.
|
Pre-carriage | Delivery of cargo from the place of its receipt to the place of loading by the carrier to the main means of transportation. The section of the path that the goods need to overcome in order to get from the warehouse to the seaport corresponds to EXW- Pendant this is the value of the charge that passed through the conductor at a current of 1 A during 1 s. Through the basic SI units, the pendant is expressed by a ratio of the form: 1 Cl = 1 A·s. With an off-system unit of ampere-hour, the pendant is associated with the equality: 1 Cl = 1/3600 ampere-hour. |
PPI | Pre Production Inspection- inspection of materials and raw materials for the production of goods. During the inspection, raw materials, components, production lines are checked, samples of manufactured products are obtained. |
PORT STATE CONTROL | |
PORT OF LOADING | Port of loading.
|
POD | Port of unloading.
|
PIO | Pick-Up/Drop-OffService. The service provided by the carrier for the reception or transfer of empty containers on a container base other than the one specified in the bill of lading as the place of acceptance / delivery, where ground delivery by means of the client is required. Us
|
PHY | Phytosanitary Certificate Service. A service in whichcarrierupon request, it provides assistance with government-authorized certification on behalf of the client. The certification confirms that the transported fruits and/or vegetables meet the applicable requirements
|
PCF | Port Construction fee. Expenses approved by the local government in China.
|
PARTIAL CONTAINERSHIPS | Multi-purpose container ships where one or more but not all compartments are equipped with stationary container cages. the remaining compartments are used for other types of cargo.
|
PALLET WRAPPING MACHINE | A machine that wraps the contents of a pallet in a stretch film to ensure safe transportation.
|
PALLET | |
PAI | Port Additionals / Port Dues - Import. Intermediary service for the payment of various port costs paid by the carrier and compensated by the client. The carrier is familiar with the requirements of the port authorities, which can save the client time and save him from
|
PAE | Port Additionals / Port Dues - Export. Intermediary service for the payment of various port costs paid by the carrier and compensated by the client. The carrier is familiar with the requirements of the port authorities, which can save the client time and save him from
|
PACKING LIST | |
OVERTONNAGING | A situation where there are too many ships as a rule or in one trade or another for the level of available cargo.
|
OTHC | Origin terminal handling charges. Loading costs at the port of departure
|
OPEN TOP CONTAINER | The container is equipped with a solid removable roof or with a tarpaulin roof so that the container can be loaded or unloaded from the top.
|
OPEN REGISTRY | A term used instead of 'flag of convenience' or 'flag of necessity' to refer to a registry in a country that offers favorable tax regulatory and other incentives to shipowners from other countries.
|
OPEN RATES | Pricing systems that are flexible and not subject to conference approval. it is usually applied to products in which bums replace liners.
|
On-carriage | Movement after the container is picked up from the port/terminal, shipping after the pre-shipment. In the case of sea transportation, sea With the development of the world transport system, the concept of freight has spread to air (English air freight) and land (English land freight) transport. When using this term, the seller is obliged to conclude a contract of carriage and bear the transportation costs necessary to deliver the goods to the agreed destination. When using the term CPT, the seller transfers the goods to the carrier or another person nominated by the seller at an agreed place (if such a place is agreed by the parties and fulfills its delivery obligation. The term contains two critical points, since risk and costs are transferred in two different places. |
OHC | Terminal Handling Service Origin. This service covers the costs of handling the container at the port of origin or terminal. This service is applicable for all cargoes.
|
OGC | Oversizedcargo.
|
OFF-LOAD | Unloading cargo from the ship.
|
OFF-HIRE CLAUSE | Intime charterThe owner is entitled to a limited time for his vessel not to be rented until the vessel can be repaired or dry docked.
|
ODF | Documentation Fee - Origin. This service covers the creation and processing of all standard transport documentation (e.g.bill of lading).
|
OCEAN WAYBILL | A document issued by the shipping line to the shipper which serves to receive the goods and proof of the contract of carriage.
|
NSF | No Show Fee. This fee is applied to each container in the confirmed order that is not in the loading area within the agreed period. This fee is also applicable when the customer 1) reduces the number of containers in the order, 2) transports or moves the conte
|
NOTIFY PARTY | An abbreviation on behalf of the organization that must be notified when the cargo reaches its destination.
|
NET WEIGHT | The weight of the goods without packaging without taking into account any containers.
|
MT | Metric ton = 1000kg.
|
MODAL SPLIT | Relative usage of what companies make of modes of transport statistics include tonne-miles passenger-miles and revenue.
|
MEASUREMENT TON | Forty cubic feet
|
MBF | Manual Booking Fee. A fee covering additional administrative work of the carrier for processing documents received by non-electronic means. This is called manual registration. Manual registration is carried out upon receipt of documents for the following
|
MARINE INSURANCE | In a broad sense, insurance covers the loss or damage of cargo at sea. marine insurance usually compensates the owner of the goods for losses from fire, shipwreck, etc. but excludes losses that can be extracted from the carrier.
|
MANIFEST | ManifestoIt is a list of all the goods listed in the bill of lading that have been loaded onto a ship in one specific port and have one specific destination. Thus, the number of manifests on board is equal to the number of different routes. |
LS | Loading Supervision- verification for the purpose of compliance of the shipped goods with the declared in the accompanying documents, compliance with the loading requirements. The inspection is carried out on the day of loading into the vehicle, during the inspection the following are checked: the exact quantity, the integrity of the package,marking, loading conditions. At the end of the inspection, the vehicle is sealed in the presence of an inspector. |
WHAT | Linear conditions upon arrival. Conditions under whichfreight forwarderprovides the following services, the cost of which is included in the freight rate: unloading from the ship, accommodation at the terminal (CY), loading onto a vehicle (auto, railway).
|
LILO | liner in liner out. With loading and unloading - the rate includes loading at the port of departure, sea freight and unloading in the country of destination. Loading and unloading at the expense of the shipowner |
LIFO | liner in" >freeout. With loading, but without unloading - the rate includes loading at the port of departure, sea freight, but does not include unloading at the port of destination. Loading at the expense of the shipowner, unloading at the expense of the shipper |
O | Linear conditions at departure. Conditions under which the forwarder provides the following services, the cost of which is included in the freight rate: removal of the container from the vehicle (auto, railway), placement at the terminal (CY), loading on the ship.
|
LCL | Partial loading of the container, when the shipments of each customer have a smaller volume than is required to fill the whole container and in one container in one direction on one vehicle, the cargo of several senders to the address of several recipients follows.
Synonyms- Less Container Load |
KNOWN LOSS | The loss is detected before or during the delivery of the shipment.
|
JOINT RATE | The speed applied from a point on one transport line to a point on another line is made by agreement and published in a single tariff by all transport lines over which the rate is applied.
|
ISSUING CARRIER | The carrier whose name is printed on the bill of lading and with whom there is a contract of carriage.
|
ISPS OR SEC | Security charges. Port Security Fee
|
ISPS CODE | The International Ships and Port Code Foundation adopted at the IMO Diplomatic Conference in December 2002 the measure aimed at ??to strengthen maritime security. (isps code - solas chapter xi-2).
|
INTERMODAL TRANSPORTATION | The use of two or more modes of transport for the transportation of goods, for example, rail to load on a truck.
|
INSURANCE CERTIFICATE | The document issued to the consignee certifies that insurance is provided to cover the loss or damage of the cargo during transportation.
|
INSURANCE | A system of protection against losses in which a number of parties agree to pay certain amounts (premiums) to ensure that they will be compensated under certain conditions for specified losses and damages.
|
INSPECTION CERTIFICATE | A document confirming that the goods (for example, perishable goods) are in good condition immediately before shipment.
|
INLAND CARRIER | An enterprise that offers an overland service or from the point of export.
|
INLAND BILL OF LADING | The contract of carriage is used in transport from the point of shipment by land to the international location of the carrier of the exporter.
|
INCOTERMS | A set of international rules compiled by the International Chamber of Commerce for the interpretation of prevailing terms used in foreign trade contracts.
Synonyms- Incoterms |
IN GATE | A transaction or exchange that takes place while the container is being received through a railway terminal or a water port from another carrier.
|
IMP | Import Service. This service covers the provision and implementation of import services, including, but not limited to, the provision of equipment, the submission of notifications of acceptance, transfer and loading.
|
IHW | InlandHaulage ContainerWeighing. The service of moving the container to the weighing station to determine the weight of the container at the request of the client. This service is provided for various reasons: - at the request of the client; - the operational need to establish the actual weight of the container to meet the requirements of health, safety and legislation; - the carrier checks the weight of the containers to check the weight of the cargo indicated in the transport documents (B/L).
|
IGLOOS | Pallets and containers used in air transport The shape of an igloo corresponds to the inner wall contours of a narrow-body aircraft.
|
HIGH CUBE (HI CUBE HQ) | Any container exceeding 102 inches in height.
|
HDL | Lift On Lift Off Service. A service provided by the carrier to install or remove the container from the trailer/chassis in the port or in the carrier's warehouse. This allows our customers to carry out independent ground transportation of containers. This service is applicable at the request of the client and depending on the operational considerations of the carrier for the provision of the service.
|
HBL | House Transport Document Service. A service in which the carrier organizes additional administrative work when the forwarder issues an internal bill of lading. In particular, the carrier will issue the original bill of lading (B/L)/transport document (TPDOC) on the basis of the internal bill of lading issued by the forwarder.
|
HAULAGE | Internal transport service which is offered by the carrier in accordance with the terms of the tariff and the corresponding transport document.
|
GROSS WEIGHT | The total weight of the vehicle and the payload of cargo or passengers.
|
GROSS REGISTERED TONS | The general measurement of the internal volume of the vessel with certain gaps is excluded. one ton is equal to 100 cubic feet the sum of all enclosed spaces inside the vessel in tons, each of which corresponds to 100 cubic feet.
|
Grey | The additional fee to the base freight rate, established in accordance with the tariff policy of the line conference, is, as a rule, seasonal.
|
GENERAL-MERCHANDISE WAREHOUSE | The warehouse is used to store goods that are easily handled packaged and do not require a controlled environment.
|
GENERAL-COMMODITIES CARRIER | A general motor vehicle that operates powers to transport general goods or all goods not listed as special goods.
|
GENERAL CARGO | General cargo. Cargo that can be recalculated, i.e. cargo packed in containers, or piece cargo, including: boxes, bags, barrels, bales, containers, etc.
|
GANGWAY | A narrow portable platform used as a person passage or a ship being taken out is moored next to a pier or berth.
|
GANG | A group of longshoremen is usually four to five members with an observer assigned to hold or part of the vessel during loading or unloading.
|
FREIGHT QUOTATION | Quote from the carrier or freight forwarder covering the cost of transportation between the two specified locations.
|
FREIGHT PREPAID | Freight and fees must be paid by the sender.
|
FREIGHT MANIFEST |
Freight manifest. A document that contains the same information as the cargo manifest, as well as additional data regarding the fees charged for transportation, expenses, etc.
Synonyms- Freight manifest |
FREIGHT FORWARDER | |
FREIGHT COLLECT | Freight and fees must be paid by the consignee.
|
FREIGHT CHARGE | The rate set for the transportation of goods.
|
FREIGHT BILL | Carriers of the invoice for payment of transport services rendered.
|
FREIGHT | The cost of transportation of goods transported from one place to another, usually by Water Transport. |
FREE TRADE ZONE | The port designated by the government of the country for the duty-free import of any non-prohibited goods. the goods can be stored, used for manufacturing, etc. within the zone and re-exported without duties.
|
FREE TIME | The period of time allotted for the removal or accumulation of cargo before fees becomes applicable.
|
FORKLIFT TRUCK | The device of the powered machine is used for lifting and lowering trucks and for moving goods in different places of the warehouse.
|
FOR-HIRE CARRIER | A carrier that provides transportation services to the public on a paid basis.
|
FOR (Departure station) | Departure station. Free in the carriage/on the platform, the condition of carriage at departure means that the agreed freight rate does not include the cost of loading on the platform/wagon, fitting wagons, etc.
|
FOR ( Destination station) | Destination station. Free in the carriage/on the platform, the condition of carriage upon arrival means that the agreed freight rate does not include the cost of unloading cargo from the platform/wagon, cleaning wagons, etc.
|
FO | Free from unloading. The condition of carriage at the destination means that the freight does not take into account the cost of unloading from the ship.
|
FLOW RACK | A data storage method where the product is presented to the collection of operations at one end of the rack and replenished from the opposite end.
|
FLEXIBLE-PATH EQUIPMENT | Materials for handling devices that include hand carts and forklifts.
|
FIXED QUANTITY INVENTORY MODEL | From the settings of which the company orders the same (fixed) quantity every time it places an order for a position.
|
FIXED COSTS | Costs that do not change with the volume of business in the short term.
|
WIRELESS | Loading/unloading at the expense of the shipper
Synonyms- FREE IN/OUT |
Son | Free in liner out. Without loading, but with unloading - the rate includes sea freight and unloading at the port of destination, but does not include loading at the port of departure. Identical to the conditionsFOBin terms ofIncoterms. Loading at the expense of the shipper, unloading - at the expense of the shipowner |
FILL RATE | The percentage of order items that the operation actually found collection.
|
FIFO | Without loading and without unloading - the rate is given only for sea freight, excluding loading at the port of departure and unloading at the port of destination.
Synonyms- FREE IN/FREE OUT |
FIELD WAREHOUSE | A warehouse in which goods are stored on the property of the owner of the goods while the goods are in the custody of a bona fide state warehouse manager. the owner uses open warehouse receipts as collateral for obtaining a loan.
|
Be | Free from loading. The condition of carriage at departure means that the freight does not take into account the cost of loading on the ship.
|
FIRE | |
FEEDER VESSEL | A short sea vessel that transports cargo between a central hub and a port of smaller 'talking' ports.
|
FEEDER SERVICE | Cargo to/from regional ports is transferred to/from the central hub port for long-distance sea travel.
|
FEEDER | Feeder. Vessel/line serving ports remote from the main transport hubs.
|
FCL | Full loading of the container by one sender to the address of one recipient.
|
FAIR VALUE | The cost of the carrier's property calculation basis includes the initial cost less depreciation of the replacement cost and market value.
|
FAIR RETURN | The level of profit that allows the operator to realize the rate of return on investment or the value of the property that the regulatory authorities consider acceptable for this level of risk.
|
EXPORT SALES CONTRACT | The initial document in any international transaction
|
EXPORT LICENSE | A document secured from the government authorizes the exporter to export a certain amount of controlled goods in a certain country.
Licenses are provided by the Center for Licensing, Certification and Protection of State Secrets of the FSB of Russia (TSLSZ FSB of Russia) " >licenseonexportit is often required if the government has placed an embargo or other restrictions on exports. |
EXPORT BROKER | An enterprise that unites sellers and buyers for a fee eventually refuses the transaction.
|
EXPEDITING | Determining where the cargo is in transit and trying to speed up its delivery.
|
EXP | Export Service. This service covers the provision and implementation of export services, including, but not limited to, the provision of equipment, the submission of notifications of acceptance, transfer and loading.
|
EXCLUSIVE PATRONAGE AGREEMENTS |
Shipperagrees to use only a member of the firm's liner conference in exchange for a reduction of 10 to 15 percent of the rate.
|
EXCHANGE FEE FOR CIP | Inspection check.
Synonyms- COMMODITY INSPECTION PAPER |
EXCEPTION RATE | Deviation from the norm of the class
|
EXA | Examination Service. A service in which the carrier organizes an appropriate inspection of the container, e.g. VACIS/X-ray/scanner. The service is provided in the following cases: - Customer's request; - Customs/security regulations and/or legal requirements; - Type of cargo that requires verification; - State legislation requiring verification. The carrier contacts the relevant authorities (e.g. US Customs) to arrange for an inspection when and if necessary, and learns its cost.
|
ETD | Estimated departure date.
|
And | Estimated date of arrival.
|
BE | Ecological and Radiological Service. The Service of Organizing environmental and/or radiological inspection at the request of the customer and /or regulatory requirements, in some countries.
|
EQUIPMENT | Carriers use rolling stock to facilitate the transportation services they provide including containers trucks landing gear ships and aircraft among others.
|
ENTRY FORM | A document that must be submitted with the customs office in order to obtain the exemption of imported goods and to ensure the collection of duties and statistics. also called the registration form of customs or entry.
|
US | Entry Summary Declaration. From January 1, 2011, all goods entering the European Union must be issued with a Declaration (US) submitted at least 24 hours before loading. The main purpose is to assess the danger of the cargo before its arrival in the EU.
|
EMBARGO | Ban on exports or imports with either specific products or specific countries.
|
EDI | Under the abbreviationEDIunderstandElectronic Data Interchangeor Electronic Data Exchange. This is sending and receiving information using computer technology. |