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A.F |
"Advanced freight" |
A.S.E.A.N. |
"Association of South East Asian Nations" |
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B.A.F. |
"Bunker adjustment factor." |
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"Break bulk service charge" |
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"An assurance, obtained from a bank by a foreign purchaser; that the bank will pay an exporter up to a given amount for goods shipped if the foreign purchaser defaults. (see: Letter of Credit.)" |
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"Bills of lading – a document issued by as ship owner / Multimodal / NVOCC transport operator to a shipper of goods. There are two types. A straight bill of lading is nonnegotiable. A negotiable or shipper's order bill of lading can be bought, sold, or traded while goods are in transit. Bill of lading - "A document issued by a ship owner or multimodal operator to a shipper of goods. It serves as a receipt for the goods, contract of carriage, and document of title." |
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Bad order Bonded Exchange - Exchange, which cannot be freely converted into other currencies. |
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The Customs Service authorizes bonded warehouses for storage or manufacture of goods on which payment of duties is deferred until the goods enter the Customs Territory. The goods are not subject to duties if reshipped to foreign points. |
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Board Measure |
B.T. |
Beyond Transportation. Inland haulage charge performed by the Ocean carrier from bill of lading port of discharge to consignee's premises. |
Bulk Cargo |
"Bulk cargo is unbound as loaded and carried aboard ship; it is without mark or count, in a loose unpackaged form, and has homogeneous characteristics." |
B/E |
"Bill of Exchange , Bill of Entry" |
B/O |
Brought over |
B/P |
Bills payable |
B/R |
Bills receivable |
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C&F |
"Cost and Freight" |
C&F Named Port |
"Cost and freight. All costs of goods and transportation to the named port are included in the price quoted. Buyer pays insurance while aboard ship up to overseas inland destination." |
Cost and Freight |
"Cost and Freight (CFR) to a named overseas port of import. Under this term, the seller quotes a price for the goods that includes the cost of transportation to the named point of debarkation. The cost of insurance is left to the buyer's account. (Typically used for ocean shipments only. CPT, or carriage paid to, is a term used for shipment by modes other than water.) Also, a method of import valuation that includes insurance and freight charges with the merchandise values." |
C. & D. |
Collected and delivered |
C. & I. |
Cost and insurance |
C.A.D. |
Cash against documents |
C.I.F. |
Cost, insurance and freight" |
C.I.F. & E |
Cost, insurance, freight and exchange |
C.I.F.C.I |
Cost, insurance, freight, commission and interest |
C.I.F.L.T. |
Cost, insurance, and freight London terms. |
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D.C.R. |
Dangerous Cargo carriage receipt |
D.P. |
Direct port |
D/N |
Debit note |
D/O - Delivery order |
An order from a shipping line to the terminal operator/port for the release of goods to a consignee following surrender duly accomplished/discharged original bill of lading and payment of freight charges and others dues if any payable. |
D/P |
Documents against payment |
D/R |
Deposit receipt |
DEMURRAGE |
Charges assessed by the carrier against to consignee as a penalty for not removing the container from the carrier's/port's terminal after the free time |
DETENTION |
Charges assessed by the carrier against the shipper or consignee as a penalty for holding a container beyond a certain stated period of " free time " during the inland transportation. |
Dispatch |
An amount paid to a charterer by the vessel operator if loading or unloading is accomplished in less time than provided for in the charter party. |
DOCK |
Loading or unloading platform at an industrial location or carrier terminal. The space of waterway between two piers or wharves for receiving a ship. |
Dock Receipt |
A dock receipt is used to transfer accountability when the export item is moved by the domestic carrier to the port of embarkation and left with the international carrier for export. A dock receipt is given for a shipment received or delivered at a shipment pier. When delivery of a foreign shipment is completed, the dock receipt is surrendered to the vessel operator or his agent and serves as basis for preparation of the Ocean Bill of Lading. |
Document Collections - Documents Against Payment |
Stipulate that the exporter ships goods to the importer without a letter of credit or another form of guaranteed payment. The importer must sign a sight draft before receiving the necessary documents to pick up the goods |
Documents Against Acceptance (D/A) |
Are instructions given by a shipper to a bank stating that the documents transferring title to goods should be delivered to the buyer only upon the signing of a time draft. In this manner an exporter extends credit to the importer and agrees to accept payment at a readily determined future date. See: Draft Bill of Exchange. |
Duty |
A tax levied by a government on the import, export or use and consumption of goods. |
DOOR TO DOOR |
Multi factor rate including advance transportation from shipper's premises, ocean transport and beyond transportation to consignee's premises. |
DRAYAGE |
Inland transportation charge of container prior or after ocean leg. |
DRY CARGO |
Cargo, which does not require temperature control. |
DUNNAGE |
Material used around cargo to prevent damage, breakage, and secure shipment for transportation. |
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E. & O.E. |
Errors and omissions excepted |
EPZs |
Export Processing Zones |
ERM |
Exchange Rate Mechanism |
ETA |
Estimated time of arrival |
ETD |
Estimated Time of Departure |
EXPORT DECLARA-TION |
A government document permitting designated goods to be shipped out of the country. |
EXPORT LICENSE |
A certificate granting permission to export goods |
EXPORT PACKING LIST |
The packing list is one of the most common documents in every shipping transaction. It enables the goods to be properly entered through the importing country's customs authorities. It also allows the importer to reconcile the shipment against the original order. |
Ex Dock |
(Import Usage Only) - The seller is obligated to place the specified goods at the specified price on the import dock clear of all customs and duty requirements. The buyer must do nothing further than pick up the goods within a prescribed time limit. |
Ex Mill |
(Ex Warehouse, Ex Mine, Ex Factory) - The seller is obligated to place the specified quantity of goods at the specified price at his mill loaded on trucks, railroad cars or any other specified means of transport. The buyer must accept the goods in this manner and make all arrangements for transportation. |
Ex Quay
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"Ex Quay" means that the seller makes the goods available to the buyer on the quay (wharf) at the destination named in the sales contract. The seller has to bear the full cost and risk involved in bringing the goods there. There are two "Ex Quay" contracts in use:
(a) Ex Quay "duty paid" and
(b) Ex Quay "duties on buyer's account" in which the liability to clear goods for import is to be met by the buyer instead of by the seller. |
Ex Ship |
"Ex Ship" means that the seller will make the goods available to the buyer on board the ship at the destination named in the sales contract. The seller bears all costs and risks involved in bringing the goods to the destination. |
Ex Works |
Ex Works (EXW) at a named point of origin (examples are: ex- factory, ex-mill, ex -warehouse). Under this term, the price quoted applies only at the point of origin and the seller agrees to place the goods at the disposal of the buyer at a specified place on the date or within the period fixed. All other charges are for the account of the buyer. |
Ex-"From" |
When used in pricing terms such as "Ex Factory" or "Ex Dock," it signifies that the price quoted applies only at the point of origin (in the two examples, at the seller's factory or a dock at the import point). In practice, this kind of quotation indicates that the seller agrees to place the goods at the disposal of the buyer at the specified place within a fixed period of time. |
Export Merchant |
A Company that buys products directly from manufacturers, then packages and marks the merchandise for resale under its own name. A producer or merchant who sells directly to a foreign purchaser without going through an intermediate such as an export broker. |
Export Processing Zones |
EPZs are a form of free trade zone, which provide incentives for industrial or commercial export activity. Export processing zones are located in developing countries and are usually in defined areas, industrial parks, or facilities, which provide free trade zone benefits and usually offer additional incentives, such as exemption from normal tax and business regulations. The zones, which began appearing around 1975, are sometimes referred to as Special Economic Zones or Development Economic Zones. See: Free Trade Zones. |
Export Promotion |
Export promotion refers to the collective programs a nation has to help companies sell products abroad. These programs may include business counseling, training, and representational assistance, as well as providing market research information, trade fair opportunities, and export financing assistance. |
Export Quotas |
Specific restrictions or target objectives on the value or volume of exports of specified goods imposed by the government of the exporting country. These restraints may be intended to protect domestic producers and consumers from temporary shortages of certain materials, or as a means to moderate world prices of specified commodities. Commodity agreements sometimes contain explicit provisions to indicate when export quotas should go into effect among producers. Export quotas are also used in connection with orderly marketing agreements and voluntary restraint agreements. |
Export Rate |
A freight rate specially established for application on export traffic and generally lower than the domestic rate. |
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Flag of Convenience |
A ship registered under the flag of a nation, which offers conveniences in the areas of taxes, crew, and safety requirements. |
Force Majeure |
The title of a standard clause in marine contract exempting the parties for non-fulfillment of their obligations as a result of conditions beyond their control, such as earthquakes, floods, or war. |
Foul Bill of Lading |
A receipt for goods issued by a carrier with an indication that the goods were damaged when received. |
Free Alongside Ship |
Free Alongside Ship, FAS, at a named port of export. Under FAS, the seller quotes a price for the goods that includes charges for delivery of the goods alongside a vessel at the port of departure. The seller handless the cost of unloading and wharfage; loading, ocean transportation, and insurance are left to the buyer. FAS is also a method of export and import valuation. |
Free Carrier ... (named point) |
Free Carrier, FCA, to a named place. This term replaces the former "FOB named inland port" to designate the seller's responsibility for the cost of loading goods at the named shipping point. It may be used for multimodal transport, container stations, and any mode of transport, including air. |
Free on Board |
Free On Board (FOB) at a named port of export. The seller quotes the buyer a price that covers all costs up to and including delivery of goods aboard a vessel at a port. FOB is also a method of export valuation. |
FOB Airport |
FOB Airport is based on the same principle as the ordinary FOB term. The seller's obligations include delivering the goods to the air carrier at the airport of departure. The risk of loss of or damage to the goods is transferred from the seller to the buyer when the goods have been so delivered. |
Free of Particular Average |
F.P.A., a type of marine insurance, is the minimum coverage in use and covers total and partial losses if the ship carrying an exporter's goods is involved in a collision or fire, or is stranded or sunk. |
Free on Rail/Free on Truck |
These terms are synonymous, since the word "truck" relates to the railway wagons. The terms should only be used when the goods are to be carried by rail. |
Free Ports |
Free ports are a form of free trade zone that usually encompass an entire port area (examples include Hong Kong and Singapore). Separate area within a port where goods, which have, been imported may be held without duty payment. |
Free Trade Agreement |
An FTA is an arrangement, which establishes unimpeded exchange and flow of goods and services between trading partners regardless of national borders. An FTA does not (as opposed to a common market) address labor mobility across borders, common currencies or uniform standards or other common policies such as taxes. Member countries of a free trade area apply their individual tariff rates to countries outside the free trade area. |
Free Trade Area |
A free trade area is a cooperative arrangement among two or more nations, pursuant to the General Agreement on Tariffs and Trade, whereby trade barriers are removed among the members. The arrangement generally includes a customs union with a common external tariff, although there are exceptions in which members maintain individually separate tariff schedules for external countries.
Free Trade Area (FTA) - A group of two or more countries that have eliminated tariff barriers among themselves while not applying a uniform external tariff on imports ports from non-participating countries. The European Free Trade Association is the best known example of such an arrangement. |
Free Trade Zones |
An area to which goods may be imported for processing and subsequent export on duty-free basis. |
FREIGHT CHARGE |
The charge assessed for transporting freight. |
FREIGHT CLAIM |
A demand upon a carrier for the payment of overcharge of loss or damage sustained by shipper or consignee. |
FREIGHT RELEASE |
Evidence that the freight charges for the cargo have been paid. If in writing, it may be at the pier to obtain release of the cargo. Normally, once the freight is paid, releases are normally arranged without additional documentation. |
Freight
Carriage ... paid to |
Like C & F, "Freight/Carriage paid to..." means that the seller pays the freight for the carriage of the goods to the named destination. However, the risk of loss of or damage to the goods, as well as of any cost increases, is transferred from the seller to the buyer when the goods have been delivered into the custody of the first carrier and not at the ship's rail. The term can be used for all modes of transport including multi-modal operations and container or "roll on-roll off" traffic by trailer and ferries. When the seller has to furnish a bill of lading, waybill or carrier's receipt, he duly fulfills this obligation by presenting such a document issued by the person with whom he has contracted for carriage to the named destination. |
Freight
Carriage ... and insurance paid to |
This term is the same as "Freight/Carriage Paid to... but with the addition that the seller has to procure transport insurance against the risk of loss of damage to the goods during the carriage. The seller contracts with the insurer and pays the insurance premium. |
Freight Forwarder |
A person engaged in the business of assembling, collecting, consolidating shipping and distributing cargo on behalf of shippers and consignees; also a person acting as agent in the transshipping of freight to or from foreign countries and the clearing of freight through Customs. |
F.C.L |
Full container loads |
F.I.B. |
Free into bunkers. Free into barge |
F.I.W. |
Free in wagon |
F.R.O. |
Fire risk only |
FX |
Foreign Exchange |
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GATEWAY |
A point at which freight moving from one territory to another is interchanged between transportation lines. |
Gross Domestic Product |
(GDP) A measure of the market value of all goods and services produced within the boundaries of a nation, regardless of asset ownership. Unlike gross national product, GDP excludes receipts from that nation's business operations in foreign countries, as well as the share of reinvested earnings in foreign affiliates of domestic corporations. |
Gross National Product |
(GNP) A measure of the market value of goods and services produced by the labor and property of a nation. Includes receipts from that nation's business operation in foreign countries, as well as the share of reinvested earnings in foreign affiliates of domestic corporations |
Gross Weight |
The full weight of a shipment, including goods and packaging. Compare Tare Weight. |
GROSS TON |
1016.05Kg = 2,240 pounds, also known as long ton. See short ton |
GROSS TONNAGE |
Applies to vessels, not cargo. It is determined by measuring the contents of the vessel closed-in spaces. The register of a vessel states both gross and net tonnage. |
GROSS OR LONG TON |
2,240 pounds |
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Hard Currency |
The currency of a nation, which may be exchanged for that of another nation without restriction. Sometimes referred to as convertible currency. Hard currency countries typically have sizeable exchange reserves and surpluses in their balance of payments. See: Soft Currency. |
HEAVY LIFT |
Articles too heavy to be lifted by a ship's tackle or gear. |
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Import Certificate |
The import certificate is a means by which the government of the country of ultimate destination exercises legal control over the internal channeling of the commodities covered by the import certificate. |
Import License |
A document required and issued by some national governments authorizing the importation of goods. |
Import Quota |
A means of restricting imports by the issuance of licenses to importers, assigning each a quota, after determination of the total amount of any commodity, which is to be imported during a period. Import licenses may also specify the country from which the importer must purchase the goods. |
Import Quota Auctioning |
The process of auctioning the right to import specified quantities of quota-restricted goods. |
Import Restrictions |
Import restriction, applied by a country with an adverse trade balance (or for other reasons), reflect a desire to control the volume of goods coming into the country from other countries may include the imposition of tariffs or import quotas, restrictions on the amount of foreign currency available to cover imports, a requirement for import deposits, the imposition of import surcharges, or the prohibition of various categories of imports. |
Import Substitution |
A strategy, which emphasizes the replacement of imports with domestically produced goods, rather than the production of goods for export, to encourage the development of domestic industry. |
IN BOND |
In bond refers to a procedure under which customs clearance of cargo is deferred until cargo reaches an inland customs point rather than subject the cargo to clearance procedures at the port. |
IN BOND SHIPMENT |
An import shipment, which has not been cleared by customs officials. |
INDEMNITY BOND |
An agreement to hold harmless a carrier as regards a liability to which it would otherwise be subject. |
Incoterms |
Maintained by the International Chamber of Commerce (ICC), this codification of terms is used in foreign trade contracts to define which parties incur the costs and at what specific point the costs are incurred. |
Inland Bill of Lading |
A bill of lading used in transporting goods overland to the exporter's international carrier. Although a through bill of lading can sometimes be used, it is usually necessary to prepare both an inland bill of lading and an ocean bill of lading for export shipments. |
Inspection Certification |
Some purchasers and countries may require a certificate of inspection attesting to the specifications of the goods shipped usually performed by a third party. Inspection certificates are often obtained from independent testing organizations |
Insurance Certificate |
This certificate is used to assure the consignee that insurance is provided to cover loss of or damage to the cargo while in transit. |
Integrated Carriers |
Carriers that have both air and ground fleets; and other combinations, such as sea, rail, and truck. Since they usually handle thousands of small parcels an hour, they are less expensive and offer more diverse services than regular carriers. |
Intermediate Consignee |
An intermediate consignee is the bank, forwarding agent, or other intermediary (if any) that acts in a foreign country as an agent for the exporter, the purchaser, or the ultimate consignee, for the purpose of effecting delivery of the export to the ultimate consignee. |
International Air Transport Association |
IATA, established in 1945, is a trade association serving airlines, passengers, shippers, travel agents, and governments. The association promotes safety, standardization in forms (baggage checks, tickets, weigh bills), and aids in establishing international airfares. IATA headquarters are in Geneva, Switzerland. |
International Maritime Organization |
The IMO was established as a specialized agency of the United Nations in 1948. The IMO facilitates cooperation on technical matters affecting merchant shipping and traffic, including improved maritime safety and prevention of marine pollution. Headquarters are in London, England. |
Irrevocable Letter of Credit |
A letter of credit in which the specified payment is guaranteed by the issuing bank if all terms and conditions are met by the drawee. |
ICD |
Inland clearance depot/Inland container depot |
Intermodal |
The co-ordinated transport of freight, especially in connection with relatively longhaul movements using any combination of following transportation modes: sea, rail, road and air. |
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Jettison |
To unload or throw overboard at sea a part of a ship's paraphernalia or cargo to relieve the ship when in danger. |
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Kg |
Kilogram also KS or Kgs equals 1litre or 2.2046 pounds. |
kHz |
Kilohertz |
Km |
Kilometer |
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L.C.L. |
Less than full container load |
L.d.d. |
Loss during discharge |
L.d.l. |
Loss during loading |
L/A |
Letter of authority. Landing account. Lloyd's agent |
L/C - Letter of Credit |
A letter of agreeing issued by a bank stating a foreign purchaser has established a line of credit in a seller's favor and confirming that payment for goods sold will be made upon presentation of certain documents, provided that all documents are in agreement with provisions of the letter of credit. Letters of credit can be changed by mutual consent of purchaser and seller through the bank by cable. |
LETTER OF CREDIT (Confirmed) |
A letter of audit issued by one bank to which another bank added its irrevocable confirmation to pay, thereby obligating itself in the same manner as the opening bank. For example, "we hereby confirm this credit and undertake to pay drafts drawn in accordance with the terms and conditions of the letter of credit." |
LETTER OF CREDIT (Cumulative) |
A revolving letter of credit, which permits any amount not utilized during any of the specified periods to be carried over and added to the amounts available in subsequent periods. |
LETTER OF CREDIT (Deferred Payment) |
A letter of credit issued for the purchase and financing of merchandise, similar to acceptance letter of credit, except that it requires presentation of sight drafts which are payable on instalment basis usually for periods of 1 year or more. Under this type of credit, the seller is financing the buyer until the stipulated time his drafts can be presented to the bank for payment. There is a significant deference in the bank's commitment, depending on whether the negotiating bank advised or confirmed the letter of credit. |
LETTER OF CREDIT (McLean) |
A letter of credit, which requires the beneficiary to present only a draft or a receipt for specified funds before he receives payment. |
LETTER OF CREDIT (Negotiable) |
A letter of credit issued in such form that it allows any bank to negotiate the documents. Negotiable credits incorporate the opening bank's engagement, stating that the drafts will be duly honored on presentation, provided they comply with ail terms of the credit. |
LETTER OF CREDIT (Non-Cumulative) |
A revolving letter of credit, which prohibits the amount not utilized during the specific period to be available in the subsequent periods. |
LETTER OF CREDIT (Revocable) |
This type of letter of credit is not as legally binding as an irrevocable credit. It can be modified or canceled without the beneficiary's consent, unless the negotiation has already taken place. The issuing bank must honor the drafts negotiated before the notice of revocation or amendment has been made. Negotiability is restricted to the advising bank and confirmation is usually not available. |
LETTER OF CREDIT (Revolving) |
A credit, which includes a provision for reinstating its face value after being drawn under within a stated period of time. This kind of credit facilitates the financing of on going regular purchases. |
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Metric Ton (KT) |
1000 kilograms called kiloton. Equals 2,204.6 pounds. |
Main port |
Port that handles a significant proportion of a country's seaborne trade. It normally can accommodate many ships and has a wide range of facilities. |
Manifest |
Document containing a full list of a ship's cargo that is extracted from the bill of lading. A copy, known as the outward manifest is kept with the Customs authorities at the port of loading. Another copy, known as the inward manifest is kept at the discharge port |
Marine Cargo Insurance |
Broadly, insurance covering loss of, or damage to, goods at sea. Marine insurance typically compensates the owner of merchandise for losses in excess of those that can be legally recovered from the carrier that are sustained from fire, shipwreck, piracy, and various other causes. Three of the most common types of Marine insurance coverage are "free of particular average" (f.p.a.), "with average" (w.a.), and "All Risks Coverage." |
Marks of Origin |
The physical markings on a product that indicate the country of origin where the article was produced. Customs rules require marks of origin of most countries |
MTO |
Multimodal transport operator |
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N.C.V. |
No commercial value |
NET TON |
2.000 Pounds = 907.185 Kilos also called short ton |
NET TONNAGE (VESSEL) |
A vessel's gross tonnage minus deductions for space occupied by accommodations for crews, machinery for navigation, the engine room, and fuel. A vessel's net tonnage represents the space available for the accommodation of passengers and the stowage of cargo. |
NET WEIGHT |
The weight of merchandise without the shipping container. |
N.V.O.C.C. |
Non vessel operating common carrier |
NonVessel Owning Carrier |
An NVOC is a firm which consolidates and disperses international containers that originate at, or are bound for, inland ports |
NVOC |
NonVessel Owning Carrier |
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On Board Vessel |
Evidence that cargo described on b/l has been laden aboard the vessel named. Date of b/l must conform to date(s) that named vessel is on berth at port named on b/l. |
Order B/L |
A bill of lading issued to the order of a party, usually the shipper, whose endorsement is required to effect its negotiation. |
OBL (Ocean Bill of Lading) |
Ocean Bill of Lading - A receipt for the cargo and a contract for transportation between a shipper and the ocean carrier. |
Open side container |
Shipping container with side doors that drop down to give unrestricted access to the sides of the container for loading or discharging. |
Open top container |
Shipping container that has an open top instead of a solid roof to enable cargo, such as timber, to be loaded from the top. The container is covered by waterproof sheeting while in transit. |
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Pallet |
A platform (usually two-deck) with or without sides, on which a number of packages or pieces may be loaded to facilitate handling by a forklift truck. |
Port |
(a) A harbor having facilities for ships to moor, load, or unload.
(b) The left side of a ship. |
Port of Origin |
The location at which a shipment is received by a transportation line from the shipper. |
Pro Forma Invoice |
A pro forma invoice, although containing much of the same basic information about the transaction as a commercial invoice, is not a bill of sale. It is a provisional, temporary invoice used at the front end of the transaction to acquaint the importer and appropriate government authorities with the main details of a future shipment. It is often used instead of a quote and is needed by the buyer when applying for an import license or arranging funds/letters of credit. |
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Quay |
Solid structure alongside a navigable waterway, used for loading and unloading of ships. |
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Register tonnage |
Volume of a ship expressed in tons. |
Rotn. No. |
Rotation number |
Route |
(a) The course or direction that a shipment moves.
(b)To designate the course of direction a shipment shall move |
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Shipment |
Cargo tendered by one shipper, on one bill of lading, at one port or point of origin, for movement on one vessel, for one consignee, at one port or point of destination. |
Shipper |
An owner or person for whose account the transportation of cargo is provided. |
Shipping order |
Instructions of shippers to carrier for forwarding all goods; usually the triplicate copy of the bill of lading. |
Standard container |
An ISO basic container suitable for the carriage of dry cargo, with a height of 8' or 8'6", fully closed, equipped with end doors, non removable tops and suitable for cargo not requiring environmental, atmospheric or temperature control while en route. |
Straight bill of lading |
A bill of lading in which the goods are consigned directly to a named consignee and therefore is not negotiable. |
Stripping |
Term used to describe the unloading of cargo from a container. |
Stuffing |
Term used to describe the loading of cargo of a container. |
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| T.H.C. |
Terminal-handling charges are port terminal handling charges billed to customers. |
| TEU |
Twenty-foot equivalent unit |
| Transship |
To transfer goods from one transportation line to another, or from one ship to another. |
| Transit time |
The time it takes to ship cargo from one port to another |
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| V |
| Value Added |
A tax which, is assessed at each stage of production on the amount of value |
| Tax (VAT) |
contributed at each stage to the final product. A European Community (EC) tax assessed on the increased value of goods as they pass from the raw material stage through the production process to final consumption. The tax on processors or merchants is levied on the amount by which they increase the value of items they purchase. The EC charges a tax equivalent to the value added to imports and rebates value-added taxes on exports. |
| Vessel's manifest |
Statement of a vessel's cargo: container, marks & number, colli, type, commodity, weight, B/L number, consignee. |
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| Waybill |
A document prepared by a transportation line at the point of a shipment, showing the point of origin, destination, route, consignor, consignee, description of shipment and amount charged for the transportation service, and forwarded with the shipment, or direct by mail, to the agent at the transfer point waybill destination. |
| Wharfage |
A charge assessed by a pier or dock owner for handling incoming or outgoing cargo. |
