Term
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Definition
| Always Afloat. A contract term requiring that the vessel not rest on the ground. In some ports the ship is aground when approaching or at berth. |
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Term
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Definition
| Abbreviation for: – Against All Risks (insurance clause). – Association of American Railroads. |
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Term
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Definition
| A point beyond the midpoint of a ship’s length, towards the rear or stern. |
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Term
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Definition
| A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo. |
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Term
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Definition
| A discount allowed for damage or overcharge in the payment of a bill. |
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Term
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Definition
| U.S. Customs’ “Automated Broker Interface,” by which brokers file importers’ entries electronically. |
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Term
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Definition
| Referring to cargo being put, or laden, onto a means of conveyance. |
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Term
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Definition
| One carrier assumes the charges of another without any increase in charges to the shipper. |
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Term
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Definition
– A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.
– Broadly speaking, any agreement to purchase goods under specified terms. |
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Term
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Definition
| Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery. |
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Term
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Definition
| When a bill of lading is accepted or signed by a shipper or shipper’s agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent. |
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Term
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Definition
| A written receipt in full, in discharge from all claims. |
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Term
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Definition
| U.S. Customs’ master computer system, “Automated Commercial Systems.” Now being replaced by the Automated Commercial Environment system. |
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Term
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Definition
| An act beyond human control, such as lightning, flood or earthquake. |
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Term
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Definition
| A term from Latin meaning, “according to value.” Import duty applied as a percentage of the cargo’s dutiable value. |
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Term
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Definition
| A representative of a government commission or agency vested with power to administer oaths, examine witnesses, take testimony, and conduct hearings of cases submitted to, or initiated by, that agency. Also called Hearing Examiner. |
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Term
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Definition
| Refers to marine matters such as an Admiralty Court. |
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Term
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Definition
To move cargo up line to a vessel leaving sooner than the one booked.
See also Roll. |
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Term
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Definition
| Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee. |
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Term
| Advanced Notice of Arrival (ANOA) |
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Definition
| Any vessel entering United States waters from a foreign port is required to give a 96–hour ANOV. Any vessel of 300 gross registered tonnage and greater is required to give the ANOA to the U.S. Coast Guard’s National Vessel Movement Center. Any vessel under 300 gross registered tons is required to give the ANOA to the appropriate Captain of the Port. |
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Term
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Definition
| Shipment of goods on shipper’s own account. A bill of adventure is a document signed by the master of the ship that carries goods at owner’s risk. Also, a term used in some insurance policies to mean a voyage or a shipment. |
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Term
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Definition
| A notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired, a copy of the bill of lading. |
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Term
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Definition
| A bank operating in the seller’s country that handles letters of credit on behalf of a foreign bank. |
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Term
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Definition
| A vessel of 70,000 to 119,000 DWT capacity. The largest tanker size in the AFRA (average freight rate assessment) tanker rate system. |
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Term
| Affreightment, Contract of |
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Definition
| An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a speci- fied price to accommodate an exporter or importer. |
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Term
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Definition
| Movement toward the stern (back end) of a ship. |
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Term
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Definition
| A tariff published by an agent on behalf of several carriers. |
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Term
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Definition
A person authorized to transact business for and in the name of another person or company. Types of agents are:
(1) brokers, (2) commission merchants, (3) resident buyers, (4) sales agents, (5) manufacturer’s representatives. |
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Term
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Definition
| Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment. |
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Term
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Definition
| The value of a shipment agreed upon in order to secure a specific freight rate. |
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Term
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Definition
| The weight prescribed by agreement between carrier and shipper for goods shipped in certain pack- ages or in a certain number. |
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Term
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Definition
| Agency for International Development. |
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Term
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Definition
| The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form. |
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Term
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Definition
| The total price to move cargo from origin to destination, inclusive of all charges. |
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Term
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Definition
| The striking by a moving vessel against a stationary object. |
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Term
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Definition
| A phrase referring to the side of a ship. Goods delivered “alongside” are to be placed on the dock or barge within reach of the transport ship’s tackle so that they can be loaded. |
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Term
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Definition
| Privilege to use the rate producing the lowest charge. |
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Term
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Definition
| The temperature of a surrounding body. The ambient temperature of a container is the atmospheric temperature to which it is exposed, |
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Term
| American Bureau of Shipping |
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Definition
| U.S. classification society which certifies seagoing vessels for compliance to standardized rules regard- ing construction and maintenance. |
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Term
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Definition
| The U.S. Customs’ “Automated Manifest System.” |
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Term
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Definition
| A tariff imposed to discourage sale of foreign goods, subsidized to sell at low prices detrimental to local manufacturers. |
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Term
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Definition
| Usually refers to a rating that applies to an article regardless of size or quantity. |
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Term
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Definition
| When freight appears to be free of damage so far as a general survey can determine. |
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Term
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Definition
| Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country’s tariff, such as the U.S. Tariff Act of 1930. |
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Term
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Definition
| The warehouse or public stores to which samples of imported goods are taken to be inspected, ana- lyzed, weighed, etc. by examiners or appraisers. |
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Term
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Definition
| A stated amount over a fixed rate to one point to make a rate to another point. |
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Term
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Definition
| A notification by carrier of ship’s arrival to the consignee, the “Notify Party,” and – when applicable – the “Also Notify Party.” These parties in interest are listed in blocks 3, 4 and 10, respectively, of the Bill of Lading. |
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Term
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Definition
| American Standards Committee X12 responsible for developing EDI standards for the United States. |
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Term
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Definition
| A term commonly used in connection with a bill of lading. It involves the transfer of rights, title and interest in order to assign goods by endorsing the bill of lading. |
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Term
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Definition
| – Behind a vessel – Move in a reverse direction. |
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Term
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Definition
| American Trucking Association. |
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Term
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Definition
| Any time Day or Night Sundays & Holidays Included. A chartering term referring to when a vessel will work. |
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Term
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Definition
| A direction across the width of a vessel. |
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Term
| Automated Identification System (AIS) |
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Definition
| It is a system used by ships and Vessel Traffic Service (VTS) principally for the identification and the locating of vessels. AIS provides a means for ships to electronically exchange ship data including: identification, position, course, and speed, with other nearby ships and VTS stations. |
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Term
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Definition
| Same as 0.4535924277 kilograms. |
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Term
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Definition
| Always within Institute Warranties Limits (Insurance purpose). |
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Term
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Definition
Abbreviation for: – BallastBonus:SpecialpaymentabovetheCharteringpricewhentheshiphasto
sail a long way on ballast to reach the loading port. – Bareboat: Method of chartering of the ship leaving the charterer with almost all
the responsibilities of the owner. |
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Term
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Definition
| Abbreviation for “Bill of Lading.” |
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Term
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Definition
| To haul a shipment back over part of a route it has traveled. |
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Term
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Definition
| Abbreviation for “Bunker Adjustment Factor.” Used to compensate steamship lines for fluctuating fuel costs. Sometimes called “Fuel Adjustment Factor” or FAF. |
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Term
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Definition
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Term
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Definition
| Guarantee issued by a bank to a carrier to be used in lieu of lost or misplaced original negotiable bill of lading. |
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Term
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Definition
| An act committed by the master or mariners of a vessel, for some unlawful or fraudulent purpose, contrary to their duty to the owners, whereby the latter sustain injury. It may include negligence, if so gross as to evidence fraud. |
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Term
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Definition
| A term of measure referring to 42 gallons of liquid at 600 degrees. |
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Term
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Definition
| A tariff term referring to ocean rate less accessorial charges, or simply the base tariff rate. |
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Term
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Definition
| Abbreviation for “Beneficial Cargo Owner.” Refers to the importer of record, who physically takes possession of cargo at destination and does not act as a third party in the movement of such goods. |
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Term
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Definition
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Term
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Definition
| A switching railroad operating within a commercial area. |
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Term
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Definition
| – Entity to whom money is payable. – The entity for whom a letter of credit is issued. – The seller and the drawer of a draft. |
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Term
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Definition
| Shipped under rate that includes cost from end of ship’s tackle at load port to end of ship’s tackle at discharge port. |
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Term
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Definition
| Used with reference to charges assessed for cargo movement past a line–haul terminating point. |
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Term
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Definition
| A contract term meaning both parties agree to provide something for the other. |
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Term
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Definition
| In the United States, commonly known as a “Draft.” However, bill of exchange is the correct term. |
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Term
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Definition
| A document that establishes the terms of a contract between a shipper and a transportation company. It serves as a document of title, a contract of carriage and a receipt for goods. |
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Term
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Definition
| B/L requiring updates that do not change financial status; this is slightly different from corrected B/L. |
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Term
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Definition
| the fine print on B/L; defines what the carrier can and can- not do, including the carrier’s liabilities and contractual agreements. |
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Term
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Definition
| represents whether the bill of lading has been input, rated, reconciled, printed, or released to the customer. |
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Term
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Definition
| refers to the type of B/L being issued. Some examples are: a Memo (ME), Original (OBL), Non–negotiable, Corrected (CBL) or Amended (AM) B/L. |
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Term
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Definition
| B/Lstatus;usedtocancelaprocessedB/L;usuallypershipper’srequest; different from voided B/L. |
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Term
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Definition
| A B/L which bears no superimposed clause or notation which declares a defective condition of the goods and/or the packaging. |
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Term
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Definition
| B/L that covers cargo moving over various transports. |
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Term
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Definition
| B/L combined or consolidated from two or more B/L’s |
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Term
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Definition
| B/L requiring any update which results in money –or other financially related changes. |
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Term
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Definition
| Non–negotiable B/L primarily containing routing details; usually used by truckers and freight forwarders. |
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Term
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Definition
| Another original Bill of Lading set if first set is lost. Also known as reis- sued B/L. |
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Term
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Definition
| Non–negotiable B/L where there are no paper copies printed of origi- nals. |
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Term
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Definition
| A contract of carriage between a shipper and forwarder (who is usually a NVOCC); a non–negotiable document. |
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Term
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Definition
| A bill of lading issued by the U.S. government. |
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Term
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Definition
| B/L covering parts of a shipment which are loaded at more than one location. Hitchment B/L usually consists of two parts, hitchment and hitchment memo. The hitchment portion usually covers the majority of a divided shipment and carries the entire revenue. |
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Term
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Definition
| B/Lissuedbyafreightforwarderorconsolidatorcoveringasingleshipment containing the names, addresses and specific description of the goods shipped. |
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