Party who has been designated on the invoice or packing list as the final recipient of the stated merchandise.

Rules for letters of credit drawn up by the Commission on Banking Technique and Practices of the International Chamber of Commerce in consultation with the banking associations of many countries. See Terms of Payment.

See Block Train

A number of individual packages bonded, palletised or strapped together to form a single unit for more efficient handling by mechanical equipment.

(United Nations Conference on Trade and Development) A United Nations agency whose work in Shipping includes the liner code involving the sharing of cargoes between the Shipping lines of the importing and exporting countries and third countries in the ratio 40:40:20.

(United Nations Conference on Trade and Development) The four-digit number assigned by the United Nations Committee of Experts on the Transport of Dangerous Goods to classify a substance or a particular groups of substances. Note: The prefix 'UN' must always be used in conjunction with these numbers.

Luggage not accompanied by a passenger.