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Shipping Glossary
  Terms of payment: if the buyer of goods pays for the goods against transfer of the documents, entitling him to obtain delivery of the goods from the carrier.
  Adjustment applied by P&O Nedlloyd lines or liner conferences on freight rates to offset losses or gains for carriers resulting from fluctuations in exchange rates of tariff currencies.
  Council of European and Japanese National Shipowner's Associations.
  Transport of goods between two ports or places located in the same country
  Transport of cargo in a country other than the country where the vehicle is registered road-cargo)
  The carriage of a container from a surplus area to an area specified by the Owner of that container, in exchange of which and during which the operator can use this container
  The visit of a vessel to a port.
Call Sign
  A code published by the International Telecommunication Union in its annual List of Ships' Stations to be used for the information interchange between vessels, port authorities and other relevant participants in international trade.
  Note: The code structure is based on a three digit designation series assigned by the ITU and a one digit assigned by the country of registration.
  The ability, in a given time, of a resource measured in quality and quantity
  The quantity of goods which can be stored in or loaded into a warehouse, store and/or loaded into a means of transport at a particular time
  Goods transported or to be transported, all goods carried on a ship covered by a B/L.
  Any goods, wares, merchandise, and articles of every kind whatsoever carried on a ship, other than mail, ship's stores,ship's spare parts, ship's equipment, stowage material, crew's effects and passengers' accompanied baggage (IMO)
  Any property carried on an aircraft, other than mail, stores and accompanied or mishandled baggage Also referred to as 'goods' (ICAO)
Cargo Handling
  All procedures necessary to enable the physical handling of goods.
Cargo Tracer
  A document sent by the agent to all relevant parties, stating that certain cargo is either missing or over-landed.
Cargo Unit
  A vehicle, container, pallet, flat, portable tank or any other entity or any part thereof which belongs to the ship but is not permanently attached to that ship.
  The process of transporting (conveying) cargo, from one point to another.
Carriage Paid To (...named place of destination)
  Abbreviation: CPT
Carriage and Insurance Paid To (...named place of destination)
  Abbreviation: CIP
  The party undertaking transport of goods from one point to another.
Carrier Haulage
  The inland transport service, which is performed by the sea-carrier under the terms and conditions of the tariff and of the relevant transport document.
Carriers Bill of Lading Ports
  Terminal, Pre-terminal port or Post-terminal Port as per tariff, indicated on the Bill of Lading and which is not the port physically called at by Carriers' ocean vessels.
  Note: Under normal circumstances in the B/L only ports should be mentioned which are actually called at.
Carriers Lien
  When the shipper ships goods 'collect', the carrier has a possessory claim on these goods, which means that the carrier can retain possession of the goods as security for the charges due
  Abbreviation: CAD
  Terms of payment: if the buyer of goods pays for the goods against transfer of the documents, entitling him to obtain delivery of the goods from the carrier.
Cash On Delivery
  Abbreviation: COD
  Terms of payment: if the carrier collects a payment from the consignee and remits the amount to the shipper (air cargo).
Caveat Emptor
  Let the buyer beware, purchaser must ascertain the condition of the goods to be purchased prior to the purchase.
Cellular Vessel
  A vessel, specially designed and equipped for the carriage of containers.
Certificate of Classification
  A certificate, issued by the classification society and stating the class under which a vessel is registered.
Certificate of Origin
  A certificate, showing the country of original production of goods. Frequently used by customs in ascertaining duties under preferential tariff programmes or in connection with regulating imports from specific sources.
  An amount to be paid for carriage of goods based on the applicable rate of such carriage, or an amount to be paid for a special or incidental service in connection with the carriage of goods.
Charge Type
  A separate, identifiable element of charges to be used in the pricing/rating of common services rendered to customers.
Charter Party
  A contract in which the ship owner agrees to place his vessel or a part of it at the disposal of a third party, the charterer, for the carriage of goods for which he receives a freight per ton cargo, or to let his vessel for a definite period or trip for which a hire is paid synonym: Charter Contract
  The legal person who has signed a charter party with the owner of a vessel or an aircraft and thus hires or leases a vessel or an aircraft or a part of the capacity thereof.
  A wheeled carriage onto which an ocean container is mounted for inland conveyance
  The part of a motor vehicle that includes the engine, the frame, suspension system, wheels, steering mechanism etc., but not the body
  A charge made against a carrier for loss, damage or delay.
  Arrangement according to a systematic division of a number of objects into groups, based on some likeness or some common traits.
Classification Society
  An Organisation, whose main function is to carry out surveys of vessels, its purpose being to set and maintain standards of construction and upkeep for vessels, their engines and their safety equipment. A classification society also inspects and approves the construction of containers.
Clean Bill of Lading
  A Bill of Lading which does not contain any qualification about the apparent order and condition of the goods to be transported (it bears no stamped clauses on the front of the B/L). It bears no superimposed clauses expressly declaring a defective condition of the goods or packaging (resolution of the ICS 1951).
Clean on Board
  When goods are loaded on board and the document issued in respect to these goods is clean.
  Note: Through the usage of the UCP 500 rules the term has now become superfluous.
  A party with which a company has a commercial relationship concerning the transport of e.g. cargo or concerning certain services of the company concerned, either directly or through an agent.
  The loading, on the way, of cargo from another shipper, having the same final destination as the cargo loaded earlier.
Combined Transport
  Intermodal transport where the major part of the journey is by one mode such as rail, inland waterway or sea and any initial and/or final leg carried out by another mode such as road.
Combined Transport Document
  Abbreviation: CTD
  Negotiable or non-negotiable document evidencing a contract for the performance and/or procurement of performance of combined transport of goods.
  Thus a combined transport document is a document issued by a Carrier who contracts as a principal with the Merchant to effect a combined transport often on a door-to-door basis.
Combined Transport Operator
  Abbreviation: CTO
  A party who undertakes to carry goods with different modes of transport.
Commercial Invoice
  A document showing commercial values of the transaction between the buyer and seller.
  Indication of the type of goods. Commodities are coded according to the harmonised system.
  Anything called for as requirements before the performance or completion of something else
  Contractual stipulations which are printed on a document or provided separately
Conditions of Carriage
  The general terms and conditions established by a carrier in respect of the carriage (air cargo).
Conditions of Contract
  Terms and conditions shown on the Air Waybill (air cargo).
  Accumulation of vessels at a port to the extent that vessels arriving to load or discharge are obliged to wait for a vacant berth.
  The party such as mentioned in the transport document by whom the goods, cargo or containers are to be received.
  A separate identifiable number of goods (available to be) transported from one consignor to one consignee via one or more than one modes of transport and specified in one single transport document.
Consignment Instructions
  Instructions from either the seller/consignor or the buyer/consignee to a freight forwarder, carrier or his agent, or other provider of a service, enabling the movement of goods and associated activities. The following functions can be covered:
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