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GLOSSARY OF SHIPPING TERMS TERM DESCRIPTION Liner Terms They define the condition / responsibility of cost under which a carrier has had at port of loading to port of discharge. This is a special pennant flown to indicate the absence of a commanding officer, admiral, his chief of staff, or officer whose flag is flying (division, squadron, or flotilla commander). About 400 people in 33 offices are passionate about delivering the industry’s most trusted and highest performing transport service for projects, breakbulk and heavy lift cargoes. This is usually a term used to hail a boat or a ship, as 'Boat ahoy!'. Also, topsides. Full Liner Terms. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. We hope you will find it useful. Regulations governing the military and naval forces of UK and USA; read to every ship's company on commissioning and at specified intervals during the commission. Lighterage. Berth terms. A vessel that is so low in the water that the water is constantly washing across the surface. The weight prescribed by agreement between carrier and shipper for goods shipped in certain packages or a certain number. A notice from the ocean carrier to the 'notify party,' indicating the vessel's estimated arrival date; identifying shipment details such as number of packages, weight, and container number; and indicating when free time expires. An object designed to prevent or slow the drift of a ship, attached to the ship by a line or chain; typically a metal, hook-like or plough-like object designed to grip the bottom under the body of water. Resources Glossary of Shipping Terms Click on any term to learn more about it. The CAF is … A copy of the invoice is usually enclosed and sometimes, if desired, a copy of the bill of lading. Shipping Terms Abbreviation Groups The list below breaks down the 11 Incoterms rules into four color-coded categories for easy navigation and understanding. Low Water. CO 2 results from the burning of fossil fuels such as petroleum. UK: Norman Global Logistics, The Griffin Centre, Staines Road, Feltham TW14 0HS +44 (0)208 917 0299 TrustUs@norman.co.uk. A discount allowed for damage or overcharge in the payment of a bill. A glossary of shipping related terms Shipping has a language of its own and correct abbreviations play an important role in negotiations and fixtures. This is the U.S. Customs' computer system which brokers use to file importers' entries electronically. Tariff Act of 1930. Page 13 - Turners Shipping Glossary of Terms P. 13 GLOSSARY OF SHIPPING TERMS TERM DESCRIPTION Liner Terms They define the condition / responsibility of cost under which a carrier has had at port of loading to port of discharge. Short sea shipping (SSS) The "short sea shipping" expresses the movement of goods and passengers by sea between domestic ports. The carrier line appoints the port agent and defines the specific duties and areas of responsibility of that agent. Download PDF. NCB. National Cargo … Summary of General Industry Terms Bill of lading (B/L) - This is the official legal document that represents ownership of cargo; the negotiable document to receive cargo; and, the contract for cargo between shipper and carrier. Note: (Bankers use the term letter of advice when notifying interested parties of such actions as the opening of credits, the drawing of drafts and the payment or non-payment of drafts.). The entire ship's company, including officers and enlisted personnel. LINER TERMS HOOK / HOOK: Given that this is a notional point in chartering terms, this is best described as the Shipper/Receiver arranging for delivery/receival of cargo to/from directly under ships hook and the ship paying for the labour to stow the cargo in the vessels cargo holds, as well as on-board lashing & securing and provision of dunnage materials, and to discharge again over the ship’s side. They include within the marine freight, costs incurred "from under ship's tackle", docking and on board. To move cargo up-line to a vessel leaving sooner than the one initially booked. It is a body of both domestic law governing maritime activities, and private international law governing the relationships between private entities which operate vessels on the oceans. A glossary of shipping related terms. Those sharing in the spared cargo proportionately cover the loss. MOLCHOPT. AIS is intended to assist the vessel's watch standing officers and allow maritime authorities to track and monitor vessel movements, and integrates a standardized VHF transceiver system such as a LORAN-C or Global Positioning System receiver, with other electronic navigation sensors, such as a gyrocompass or rate of turn indicator. The Full Liner Terms are the terms and conditions for the transport of goods by sea. Said of a vessel resting on or touching the ground or bottom of a waterway. 1,000 kilos / 2204.6lbs) Motor Vessel: N: NAABSA. Lloyd’s Register of Shipping British classification society. A part of Custom's Automated Commercial System (ACS), controls imported merchandise from the time a carrier's cargo manifest is electronically transmitted to Customs until control is relinquished to another segment of the ACS. A written notice of a change in the terms of a letter of credit. This is the right place where find the answers to your questions like : Who ? This is the U.S. Customs' master computer system, which is being replaced by the Automated Commercial Environment system (ACE). LT Long Ton = 1016.05 kilogram. For more information see 'sea anchor'. Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment. Liner terms (LT) Freight rates that include loading/unloading charges according to the custom of the respective ports, which unfortunately varies. Liner terms: Freight rates which include loading/unloading charges, generally … At the end of 2006, ABS was the third largest class society with a classed fleet of over 10,000 commercial vessels and offshore facilities. Liner Terms. but not against innate flaws in the goods, such as decay, germination, nor against faulty packaging, improper packing/ loading or loss of market, nor against war, strikes, riots and civil commotions. 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