Others
Other useful information related to shipping mentioned here.
Shipping Glossary
A term for a storage park for empty containers.
Calculated as the time between the beginning of the shift and the actual time of the first operation, due to industrial problems, lack of labour, etc. but does not include meal breaks.
Goods jettisoned or lost overboard which have I buoyed and/or marked for subsequent recovery.
A vessel being moored through lack of employment usually without crew and engine sealed.
Movement of cargo by water from one country through the port of another country, thence, using rail or truck, to an inland point in that country or to a third country. As example, a through movement of Asian cargo to Europe across North America.
Charges payable on cargo at the port of destination, i.e. unloading, temporary warehousing, etc.
The act of tying down containers or cargo on deck with lashing rods.
There are 2 contexts, i.e.: 1] the container operator has 48 hours in which to produce transport documentation in the form of a C.T.O. (Container Terminal Order) for each container from the Harbour Revenue posting date. S.A.T.S. tariff applies to all operators here. (In City Deep, JHB, no free time is allowed); 2] According to Safmarine importer/exporter tariff, the importer has only 24 hours in which to lodge transport documentation in the form of a Bill of Entry and wharfage paid receipt with Freightmarine Shipping, Safmarine/Saftainer's agents.
A defect not obvious from cursory inspection.
A company who leases containers to liner operators based on long-term, master lease or spot terms.
A parcel of cargo too small to fill a container which is grouped by the carrier at a Container Freight Station with other compatible cargo for the same destination.
An instrument of audit issued by the buyer's bank, at the buyer's request, in which the issuing bank promises to pay the seller upon presentation of documents stipulated in the terms and conditions of the audit.
A letter given by one department to a second party absolving him of a specified responsibility.
A right to retain goods and documents against payment of charges etc. due but unpaid. The right to retain property (cargo or vessel) until a debt due in respect of it is paid.
A percentage deducted from freight to save cost of weighing.
A cellular container ship on to which containers (lo-lo) are lifted with the assistance of cranes, etc. (as opposed to ro-ro).
A measurement in cubic tons that is equivalent to the quantity of water displaced by the vessel when she is unladen.
Payments collected from ships to maintain lightships, lighthouses, marker buoys and other navigation aids.
(LASH) A vessel carrying lighters or barges aboard ship.
Vessel plying a regular trade or defined route against a published sailing schedule.
Freight includes the cost of loading onto and discharging from the vessel.
The penalty a seller must pay if the construction project does not meet contractual standards or deadlines.
The line carved/welded and painted on the side of a ship which indicates the draught levels to which a ship may be loaded with cargo for varying conditions of season and location.
When containers are put into storage for an extended period, this is termed L.T.S. Containers in L.T.S. are normally stacked in blocks making fast access more difficult but saving space at the container park operator's premises.
A ton of 1016 kilos as against metric ton of 1000 kilos.
The lowest number of units of local currency, which would have to be tendered to the Bank to produce one unit of Tariff Currency.
American term for sawn timber, etc.
Instead of paying freight per ton it is paid in one lot often when the stowage factor is unknown or varies.