Glossary of Sea Freight Terms

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Information about Glossary of Sea Freight Terms
Business & Mgmt

Published on February 25, 2014

Author: tradegalleries

Source: slideshare.net

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If you are interested in knowing about the different terminologies that are related to transport of freight by sea, then this is the ideal post for you.

If you are looking for complete article please visit:
http://forum.tradeford.com/topic-2120/glossary-of-sea-freight-terms.html

• ABS: This is an abbreviation for American Bureau of Shipping, which is based in United States, and sets the standards for merchant ships and other marine systems. • Addendum: This refers to the list of terms which are listed at the end of the charter party • AIMS: It is an abbreviation for the American Institute of Merchant Shipping • B/D: B/D refers to barrels per day (for production and use of petroleum) • BIMCO: Many ship-owners and brokers belong to the BIMCO, which is known as Baltic and International Maritime Council

• Box: Commonly, this refers to the container that carries the cargo. • Longshoreman: This is an individual who has been employed to work on the cargo. • Boxtime: This refers to the standardized charter time for container ships. • Feeder Ship: The transshipped cargo from one port to the other is handled through a Feeder Ship. • Hazardous Cargo: This is a cargo which has substances that toxic, inflammable or has an otherwise dangerous nature.

Glossary of Sea Freight Terms

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