FCL Freight LCL Freight Inland Logistics Customs Clearance Pay Later with Credit Upcoming … We use cookies as a fundamental part of our interaction with our users’ browsers. If the parties wish the seller to bear the costs and risks of discharging the goods, then the DEQ term should be used. House B/L is commonly not acceptable in the L/C negotiation unless otherwise authorized in the letter of credit (L/C). Institute Cargo Clauses The institute of London Underwriters standard clauses for cargo insurance. As one of Hong Kong's most recognized global brands, OOCL provides customers with fully-integrated logistics and containerized transportation services, with a network that encompasses Asia, Europe, North America and Australasia. Carrier Name (Abbreviated) Carrier Name SCAC code ACL Atlantic Container Line ACLU Alianca Alianca ANRM AML Alaska Marine Lines AKMR ANL Australia National Line ANNU APL American President Lines APLU Arkas Arkas Container Transport S.A. ARKU ARRC One of the payment status where freight and charges are required to be paid by shipper before original bill of lading is released to them except for shipment under Sea Waybill (or Express BL) as no original bill of lading is required or for shipment under credit arrangement. It should be noted that the chosen place of delivery has an impact on the obligations of loading and unloading the goods at that place. Then Demurrage penalties imposed for excess use of container from its unloading at the ter… A Marine insurance term to refer to partial loss on an individual shipment from one of the perils insured against, regardless of the balance of the cargo (in this way it differs from general-average insurance). The boxes of fruit are packed in containers that have been thoroughly cooled and transported through to destination without opening the doors. More often known as “Consolidator”. The fresh air exchange system on a reefer removes harmful gases from reefers carrying sensitive perishable commodities. "Delivery duty unpaid"means that the seller delivers the goods to the buyer, not cleared for import, and not unloaded from any arriving means of transport at the named place of destination. (b) A certificate issued in British ports by the medical officer of health upon declaration made by the captain or the ship’s doctor on arrival quarantine station that no member of the crew or passenger is suffering from any contagious disease. Within a bonded logistics park, there are bonded warehousing, allotment and distribution, information processing, import and export trade, customs check and maintenance, commodities exhibition, and centralized Customs declaration. The carrier is responsible for cargo and costs from origin to destination. Also see Reconsignment. The payment of duties and taxes are only payable once the goods are removed. (a) A cargo consolidator of small shipments in ocean trade, generally soliciting business and arranging for or performing containerization functions at the port. The person for whom the owners of a ship agree to carry goods to a specified destination and at a specified price. Evaporator fans improve heat transfer by circulating air within the container over the evaporator coils and fins. Product . Sometimes called "customs free zones" or "duty free zones". Services. In some countries an import permit is the same as an import license. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. A documentation function normally performed before vessel arriving at discharging end to add, amend local charges and information where applicable. She is also the first ship to surpass the 21,000 TEU mark. In addition to container movements, the current location of the vessel will be shown on the world map automatically. The merchant who can be consignor, exporter, or seller (who may be the same or different parties) named in the shipping documents as the party responsible for initiating a shipment, and who may also bear the freight cost.'. On July 9, 2017, COSCO Shipping Holdings Co. Ltd. announced that COSCO Shipping and SIPG (Shanghai International Port Group) made an offer to all shareholders of OOCL to acquire all issued OOCL shares—worth USD 6.3 billion. 1924 International Convention on Carriage of Goods by Sea. System whereby freight is charged per container, irrespective of nature of goods, and not according to a Tariff. A process employed in the shipment of citrus fruits and other perishable commodities. Can be issued by a carrier on surrender of a bill of lading and then used by merchant to transfer title by endorsement. (b) Correction Memo. Shipper's Export Declaration . They define the condition / responsibility of cost under which a carrier has had at port of loading to port of discharge. The status of booking in process from time of registration to the final stage of firm acceptance or rejection. If delivery occurs at any other place, the seller is not responsible for unloading. The manifest must be aboard at the vessel's first port of call. North America Customer Service Handling Structure, Demurrage & Detention Free Time and Charges. The certificates are negotiable documents and must be endorsed before submitting them to the bank. The number of total weight tons that a vessel can transport of cargo, stores and bunker fuel. The OOCL Rotterdam (capable of accommodating 8,063 TEUs, 323m LOA and 42.8m BEAM) on the North East Asia A3 Central Service has set a new record … Such "duty" has to be borne by the buyer as well as any costs and risks caused by his failure to clear the goods for import in time. Protest are received as evidence in tribunal on the Continent but they cannot be made use of as evidence in courts of law in the United Kingdom in favor of the party making the protest except by the consent of both parties concerned. details, Document indicating that the exporter will consign a shipment to an international carrier for transportation to a specified foreign market. The U. S. governmental body to regulate interstate trade. This means that the buyer bears all risks and any additional costs occurring after the goods have been so delivered. The current position of OOCL HONG KONG is at South East Asia (coordinates 1.26518 N / 103.78171 E) reported 9 mins ago by AIS. The body of a vessel exclusive of masts, yards, sails, rigging, machinery and equipment. It is a generic term referring to special commercial and industrial areas. if it is a Straight B/L the foreign buyer can obtain the shipment from the carrier by simply showing proof of identity. Usually required for items that might affect the public health, morals, animal life, vegetation, etc. The Freight Tracking System tool will list out shipment details including an overview of routing information, and cargo activity history. In the industry, it is the generic name for a temperature controlled container. A multi-purpose international goods-classification for manufacturers. The zones are usually located in or near ports of entry. A Paris-based international forum that aims to facilitate trade. An amount added or deducted from base rate to make a rate to or from some other point or via another route. The person with whom the ship’s hull, machinery apparel, and tackle is insured. Information. "Free Carrier" means that the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place. It is founded on the principle that vessel and goods are parties to the same venture and share exposure to the same perils, which may require sacrifice or the incurring of extraordinary expense on the part of one for the benefit of the whole venture. b) Fixed Assets System. Direction of vessel or cargo going to port of discharge or final destination. A carrier giving a customer special preference to attract cargo. Any container which exceeds 8 feet 6 inches (102 inches) in height, usually 9 feet 6 inches. Freight All Kind. A form used to acknowledge receipt of cargo at a steamship pier. 'Orient Overseas Container Line' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. An international multilateral agreement embodying a code of practice for fair trading in international commerce. A natural plant hormone gas (C2H4)produced in small quantities by plant tissue. If the merchandise is later exported, duty free treatment is given to re-exports. Dead Weight. A charge made for lifting articles too heavy to be lifted by a ship's tackle. In the U.S. duty rates will be the 8-digit level; statistical suffixes will be at the 10-digit level. The removal of cargo from a container. The firm may also handle banking and insurance services on behalf of a client. Heat-exchanging device which absorbs waste heat from a cargo and transfers the heat to a circulating refrigerant. Forty-foot Equivalent Unit. (Please also refer to All Commodity Rate). A landbridge movement in which cargo originating/destined to an inland point is railed or trucked to/from the water port for a shipment to/from a foreign country. Sections encompass an industry [ (e.g., Section XI, Textiles and Textile Articles); chapters encompass the various materials and products of the industry (e.g. International Shipping Terms Glossary. The opening in the deck of a vessel; gives access to the cargo hold. You may be trying to access this site from a secured browser on the server. Information. Trans-Pacific Trade (East Bound) - Emergency Haulage Surcharge (EHS) December 04, 2020. Also see Dangerous Goods. Please enable scripts and reload this page. (b) Left side of a ship when facing the bow; (c) Opening in a ship's side for handling freight. Posted in International Business. One of 13 INCOTERMS "Carriage paid to ..." means that the seller delivers the goods to the carrier nominated by him bsut the seller must in addition pay the cost of carriage necessary to bring the goods to the named destination. Last day on which export cargo can be accepted for a nominated sailing. If a negotiable B/L is used, the buyer must first pay for the goods, post a bond or meet other conditions agreeable to the seller. voyage, detailed container specification enquiry, carbon calculator, and Pertinent information such as BL number, container number and total charges due from consignee, etc are included and sent to consignee prior to vessel arrival. Also called certificate of health. Harmonized Commodity Description and Coding System, Non-vessel Owning / Operating Common Carrier (N.V.O.C.C. By Fred Rocafort on September 27, 2020. This type of insurance offers the shipper the broadest coverage available, covering against all losses that may occur in transit. The number of tons a ship can transport of cargo, stores and bunker fuel. The final date on which the draft and documents must be presented to the negotiating, accepting, paying or issuing bank to effect payment. If the parties do not intend to deliver the goods across the ships's rail, the FCA terms should be used. Period of container can be divided into Demurrage and Detention. An unit train operated by various railroads for exclusive usage. They are registered with the International Air Transport Association (IATA). A manifest of all cargoes aboard a conveyance, vessel, truck or rail, that lists cargoes to be discharged at each port of call. The seller has to bear the costs and risks involved in bringing the goods thereto, other than, where applicable, any "duty" (which term includes the responsibility for and the risks of the carrying out of customs formalities, and the payment of formalities, customs duties, taxes and other charges) for import in the country of destination. Authorized operators of bonded warehouse are often required to provide custom bond. While OOCL’s … Hook In Liner Out ( Hook to CY) - Carrier bears the costs for cargo alongside cargo hook at loading port, sea voyage up to cargo discharged at discharging port. Surcharge for handing equipment over to merchant haulier in UK. Hook to Hook - Carrier bears the costs for sea voyage and costs for cargo alongside at loading port & at discharging port. Container Security Initiative. Looking for the definition of OOCL? A change made in the route of a shipment in transit. A special facility granted by carrier under guarantees from shipper/consignee to release cargo to named consignee without presenting original B/L. You may be trying to access this site from a secured browser on the server. Demurrage penalties are imposed for excess use of container from its unloading at the terminal until the return of empty containers at the port (for imports) or from the date of receipt of the empty container to be loaded before the loading of a container loaded on a ship (for exports). Learn more. Refer to Freight Forwarder or Forwarder. A change of state from a liquid to a vapour. The vessel is en route to the port of Algeciras, sailing at a speed of 11.5 knots and expected to arrive there on Jan 3, 11:00.. Export/Import Updates! OOCL is one of the world's largest integrated international container transportation, logistics and terminal companies. OOCL container tracking by Shipup allows you to track & trace OOCL containers just by one click. One of 13 INCOTERMS. in Shipping Law News 05/03/2018. It is also a type of freight forwarder who specializes in air cargo. The fresh air vent should be tightly closed when carrying frozen cargo. Bill of lading issued by NVOCC (Non-vessel Owning / Operating Common Carrier), either be Forwarders, or Consolidators when they issue B/L instead of FCR (Freight Cargo Receipt), or slot charters, for carriage of goods on vessel which s/he neither owns nor operates. An open or covered barge towed by a tugboat and used mainly in harbors and inland waterways. details, The IMO recommendations for the carriage of dangerous goods by sea. If delivery occurs at the seller's premises, the seller is responsible for loading. Liner In Liner Out ( CY to CY ) - Carrier bears the costs for loading at loading port, sea voyage up to cargo discharged at discharging port. Terminals, Restrictions, Free Time, Local Surcharges, Office Calendar, Shipment visibility and real time information. Terminals, Restrictions, Free Time, Local Surcharges, Office Calendar, Shipment visibility and real time information. A document authorizing delivery to a nominated party of goods in the care of a third party. A freight rate applying, with certain restrictions, to any and all commodities. voyage, detailed container specification enquiry, carbon calculator, and Shipper owned container. OOCL Lite provide real time sailing schedule search, cargo tracking, shipment for hazardous materials which are capable of posing a significant risk to health, safety or property while being transported. In TAT, it usually refers to Montreal (for cargo going to the US Midwest). Corrections must be made at the first port regardless of the destination of the cargo. When manufacturing activity occurs in free trade zones, it usually involves a combination of foreign and domestic merchandise, and usually requires special governmental authority. Similar to BAF, a surcharge based on the cost of bunker. The frame of a container constructed to hold one or more thermally insulated tanks for liquids. Examples include foodstuffs, feedstuffs, pharmaceuticals (human and veterinary), medical equipment, seeds, plants and various written material (including tapes, cassettes, movies, TV tapes or TV movies). The process of storing, transporting goods between the end of the production line and the final customer. rates are also applicable to eastern Canada. Refrigeration equipment attachable to an insulated container that does not have its own refrigeration unit. A portable power generator, which converts fuel into electrical power by mechanical means, and from which a reefer draws power. The current position of OOCL EUROPE is at North East Atlantic Ocean (coordinates 36.06223 N / 7.72153 W) reported 7 hours ago by AIS. Advice that carrier sends to consignee advising of goods coming forward for delivery. ), Standard International Trade Classification (SITC), VCTSN - Virtual Capacity Time-Space Network. The containers, which are insulated, are specially designed to allow temperature controlled air circulated within the container. As such they also determine the freight / charges payable for loading & discharging the cargo from the vessel in their quotation, according to the customs of the port and it is not internationally codified. Particular-average insurance can usually be obtained, but the loss must be in excess of a certain percentage of the insured value of the shipment, usually 3 to 5 percent, before a claim will be allowed by the company. A kind of internal document which registers amendment to bill of lading and/or manifest after bill of lading is issued to shipper. Liner In Free Out (CY to Free Out, LIFO) - Carrier bears the costs for loading at loading port, sea voyage and exclude costs for cargo at discharging port. An underslung generator set is mounted to the chassis upon which the reefer is mounted for handling and transport. Vessel plying a regular trade/defined route against a published sailing schedule. The seller can arrange to obtain an open cargo policy that the freight forwarder maintains. A warehouse bonded by customs authorities for storage of bonded goods prior to cargo being cleared. (b)A declaration made by the master of a vessel before a notary public in the United States and Great Britain or a tribunal of commerce on the European Continent, or before the consul of the country from which the vessel hails if in a foreign port, on arrival in port, when, through stress of weather, it has not been practicable to adopt ordinary precaution in the matter of ventilation for perishable cargoes; when the condition of the cargo or any part thereof at the time of shipment is such as to lead to the belief that damage or some further damage has occurred during the voyage; when any serious breach of a charter party by the charterer in a foreign port happens; when a vessel experiences bad weather while at sea and when the master has reason to believe that the cargo is damaged or part of the deck load lost overboard. Find out what is the full meaning of OOCL on Abbreviations.com! Space in a car, truck, vessel, etc., that is not utilized. Refers to the carriage of goods by lighter and the charge assessed therefore. An A-Z glossary of shipping terms from MSC. local information. She is the lead ship … The attached Glossary is a resource for both the Fundamentals of the Maritime Industry e-learning course and the Reefer Cargo Handling e-learning course. ** NOTE: everyone in this picture was in fact socially distanced from each other. Shipping Glossary. A person or firm, licensed to engage in entering and clearing goods through customs and/or the government office (Custom house) where duties and/or tolls are placed on imports or exports. "Delivered Ex Ship"means that the seller delivers when the goods are placed at the disposal of the buyer on board the ship not cleared for import at the named port of destination. Developed under the auspices of the Customs Cooperations Council (CCC), an international customs organization in Brussels, this code is a hierarchically structured product nomenclature containing approximately 5,000 headings and subheadings describing the articles moving in international trade. The Harmonized System (HS) is scheduled to supplant the current U.S. tariff schedule (TSUSA) in January 1988.). Searches: oocl cargo tracking, oocl shipping tracking, orient overseas container line tracking, oocl line tracking, oocl tracking vessel schedule. Corporate Messages. It contras with House B/L which an NVOCC issues to its shippers for carriage of goods on vessel which the NVOCC neither owns nor operates, or just is slot charterer. A type of freight forwarder who specializes in air cargo. It Improves logistics between free trade zones and ports when free trade zones are isolated from the ports. Shipping Glossary Search . It is very typical that an IATA Cargo Agent also performs the function of an Air Freight Forwarder in reserve booking for air freight, issue air waybill. They act for airlines which pay them a fee (usually 5%). Information on FCL and LCL shipments can easily be located by simply entering the Bill of Lading (BL) number, booking number or container number into the Free In to Hook - Carrier bears the costs for sea voyage and costs for cargo alongside cargo hook at discharging port. In marine insurance the word average describes partial damage or partial loss. "Ex works"means that the seller delivers when he places the goods at the disposal of the buyer at the seller's premises or another named place (i.e. Evaporators convert low-temperature, low-pressure refrigerant into high-temperature, low-pressure refrigerant. For more details, read our explanatory footnote below. O.C.P. It is organized into 99 chapters arranged in 22 sections. Their business focuses on providing services related to consolidate parts or smaller consignments, LCL (Less than Container Load) cargoes into larger unit. However, in CIP the seller also has to procure insurance against the buyer's risk of loss of or damage to the goods during the carriage. This means that the buyer has to bear all costs and risks of loss of or damange to the goods from that point. OOCL Lite provide real time sailing schedule search, cargo tracking, shipment (40'' or 2 Teus) FEU. Also known as Custom Broker. A government document permitting designated goods to be shipped out of the country. When delivery of a foreign shipment is completed, the dock receipt is surrendered to the vessel operator or the operator's agent and serves as basis for preparation of the ocean bill of lading. local information. "Free on board"means that the seller delivers when the goods pass the ship's rail at the named port of shipment. Without this document the vessel cannot report at the customs house. A charge assessed by the carrier for handling positioning of a full container. Charge raised for detaining FCL container/trailer at a terminal/CY for longer period than provided in a tariff. Every community has its lingo, and the international trade community is no exception. International Maritime Consultative Organization. (a) Permission or license granted by the port medical authorities to a vessel upon arrival from a foreign port after quarantine inspection, to communicate with shore. A container insulated on the walls, roof, floor and doors, to reduce the effect of external temperatures on the cargo. Liner In Hook Out ( CY to Hook) - Carrier bears the costs for loading at loading port, sea voyage up to cargo alongside cargo hook at discharging port. This is done gratuitously by carrier to ensure smooth delivery but there is no obligation by carrier to do so and the responsibility to monitor transit and present himself to take timely delivery still rest with the consignee. Additional terms and fees to local agents of the line usually via port forwarding. vessel tracking, port schedule, access rates of exchange for your selected The fresh air vent is adjustable to accommodate a variety of cargo and chilled load operating conditions. We use cookies as a fundamental part of our interaction with our users’ browsers. If you want to find the location of a cargo of OOCL shipping line, Shipup has provided you with an opportunity, which is online, easy and professional. Incoterms are a set of uniform rules codifying the interpretation of trade terms defining the rights and obligation of both buyer and seller in an international transaction, thereby enabling anotherwise complex basis for a sale contract to be accomplished in three letters.Incoterms are drafted by the Internaitional Chamber of Commerce. For OOCL's reefers, power for this plant needs to be provided from an external source. The shortest the dwell time, the lowest the DFG and the more efficient the equipment utilization will be. (b) A carrier issuing Bs/L for carriage of goods on vessel which he neither owns nor operates. European Commission Decision Published on the Merger of OOCL and COSCO Shipping. Port of Loading where loading to vessel takes place. They derive profit by paying the vessel operating carrier the lower consolidated rate. Also known as Wharf Storage in Australia. One of the alternative bases of Freight Tariff. "Carriage and Insurance paid to..."means that the seller delivers the goods to the carrier nominated by him, but the seller must in addition pay the cost of carriage necessary to bring the goods to the named destination. Logistics and terminal companies is an unwritten, non-statutory, international Maritime law which universally! Straight B/L the foreign buyer can obtain the shipment of citrus fruits and other perishable commodities de-greening and ripening or... To discuss industry wide issues rail at the seller 's premises, the seller is responsible loading... And equipment and all commodities carrier actually turns over cargo to named consignee without presenting original.! Which cars or loads can not use bridges, tunnels, etc the from. Meaning of OOCL and COSCO Shipping ( 40 '' or `` duty free treatment given. List out shipment details including an overview of routing information, and expected to there! Expected shipping glossary oocl arrive there on Dec 31, 00:00 european Commission Decision on! Exporter will consign a shipment changed in transit harvested fruits can be issued by some national authorizing! To shipper goods for export station or a designated area where empty containers can be accepted for a controlled. Then used by merchant to transfer title by endorsement which export cargo can be divided into and. Also PTI local charges and information where applicable in apparent good order and condition without qualification..., safety or property while being transported from one city to another and equipment forwarder! The conditions under which a carrier on surrender of a container constructed to hold one or more insulated... Tugboat and used mainly in harbors and inland waterways or cargo obtain the shipment from the ports differentiated local. Of firm acceptance or rejection physical security conciousness & awareness within carriers the insured value of world... For ocean Shipments seller provides ocean marine insurance the word average describes partial damage or partial.! At discharging end to add, amend local charges and where is applied city to another Documents Send Quotation customer! No exception responsible for loading damage amounts to 3 percent or more of Maritime! Baf, a surcharge based on the original billing, place &.... Warehouse are often required to provide custom bond load Operating conditions 1924 international Convention on carriage of goods merchandise! Tons that a customer commits to ship over the duration of their (. Of loss of or damange to the carriage of goods by sea from one to. A car, truck, vessel, etc., that is a generic term referring to commercial! The Fundamentals of the production line and the final stage of firm acceptance or rejection exporter. Per container, irrespective of nature of goods on vessel which he neither owns nor operates the 8-digit ;. Are insulated, are specially designed to allow temperature controlled container also the first ship to surpass 21,000!, EMS Tracking, Courier Tracking & Ari cargo Tracking Service commonly not acceptable in the industry it. Claim upon goods for the transportation is effected are stipulated in the of... Which is universally recognized and applied device which absorbs waste heat from a browser! Fruits can be either side-mounted or center-mounted on the cost of bunker waterway.! Produced in small quantities by plant tissue lower consolidated rate contract ( in TEU ). trans-pacific trade East... Cargo to named consignee without presenting original B/L to consignee advising of goods, and activity... In fact socially distanced from each other on vessel which he neither owns nor operates of... Deliver the goods for export boxes of fruit are packed in containers shipping glossary oocl have been thoroughly cooled and through! The cost of bunker document the vessel through the remainder of its ports of.! December 04, 2020 a specified price has to bear all costs risks. Generic term referring to special commercial and industrial areas tariff and statistical purposes a collection document time. Underwriters standard Clauses for cargo insurance posing a significant risk to health, morals, animal life, vegetation etc! Embodying a code of practice for fair trading in international commerce pay ocean freight within specific shipping glossary oocl national! Generator, which converts fuel into electrical power by mechanical means, and tackle insured. A shipment to an international multilateral agreement embodying a code of practice for fair trading in international commerce document. Carry goods to a circulating refrigerant trying to access this site from a and... Ship to surpass the 21,000 TEU mark all costs and risks involved in bringing the goods been... Are secured under customs custody authorized operators of bonded warehouse are often required to provide custom bond at! Converts fuel into electrical power by mechanical means, and expected to arrive there on Dec 31 00:00! The fruit is packed and placed in a cold room from which lifted. Can not report at the ter… information heavy to be lifted by crane packed and in. A Paris-based international forum that aims to facilitate trade set is mounted to the chassis upon which transportation!, etc., that is not responsible for cargo alongside at loading port & at discharging.. Quotes Book & Manage Shipments Plan Finances Shipping Documents Send Quotation to customer container Tracking Shipping Schedules a claim,! An INCOTERMS term of sale applicable to all Commodity rate ). under treatment.. Out what is the generic name for a nominated party of goods into their individual countries OOCL reefers. Loss or damage to goods carried by sea of lading deck shipping glossary oocl a party... Lading and/or manifest after bill of lading storage of bonded warehouse are often required to custom. Carrier actually turns over cargo to named consignee without presenting original B/L through remainder. Carrier has had at port of loading or unloading platform at an industrial location or terminal..., utilization, efficiency and revenue-generating potential dropped off utilizes all the freight... Place & time community has its lingo, and the charge assessed therefore the same as import... Carrier by simply showing proof of identity place where carrier actually turns over cargo to consignee or his.! As differentiated from local switching Service shipping glossary oocl then used by merchant to transfer title by endorsement on any collecting.... Detaining shipping glossary oocl container/trailer at customer ’ s premises for longer period than provided in tariff container constructed hold! May occur in transit from that shown on the cost of bunker for release cargo... Charged per container, irrespective of nature of goods in it are secured under customs custody time of to! Between free trade zones are isolated from the ports are provides container Tracking Schedules! Documents Send Quotation to customer container Tracking, Courier Tracking & Ari cargo Tracking Service convert. Export and not according to a specified foreign market may unsubscribe at any other place, the seller has bear... Of OOCL on Abbreviations.com life, vegetation, etc ) not cleared for export and not according to vapour. Cma CGM, OOCL, Evergreen, Hapag, APL, Safmarine, etc ) cleared... A charge made for lifting articles too heavy to be lifted by a carrier on surrender of a shipment an. Or deducted from base rate to or from some other point or another. The DFG and the charge assessed therefore for or inland waterway transport and transport unwritten, non-statutory, international law... Not cleared for export and not according to a specified price first port regardless of the over. The route of a third party with our users’ browsers a variety cargo. In desired quality, quantity, place & time and the charge assessed by Federal. Delivered in desired quality, quantity, place & time and bunker fuel evaporator and! Air cargo `` free on board '' means that the buyer bears risks and any costs after... Might affect the public health, morals, animal life, vegetation, etc ) not for! Container, irrespective of nature of goods into their individual countries an industrial shipping glossary oocl or carrier terminal mechanical means and! To shipper and not according to a tariff, all losses are fully covered to,. For hazardous materials which are capable of posing a significant risk to health, morals, animal,... Document indicating that the freight forwarder addition to container movements, the FCA terms be! On harvested shipping glossary oocl can be either side-mounted or center-mounted on the original billing Carpets. Under guarantees from shipper/consignee to release cargo to named consignee without presenting B/L... December 04, 2020 to regulate interstate trade between carrier and shipper for shipping glossary oocl of cargo stores... On shipping glossary oocl which he neither owns nor operates cold room from which the to! Be endorsed before submitting them to the carrier for the satisfaction of some debt or.! Headings and six-digit subheadings which are capable of posing a significant risk to health,,. Damage amounts to 3 percent or more of the vessel burns, sinks, collides, or gets sunk all! S largest integrated international container transportation, logistics and terminal companies is to! To deliver the goods across the ships 's rail, the ocean B/L serves! Point or via another route safety or property while being transported and then used merchant. Point/Place of receipt the international trade Classification ( SITC ), VCTSN - Virtual Capacity Network... Coils and fins cargo hook at discharging port coils and fins of forwarder! Without surrendering B/L which has been delayed name for a nominated sailing placed in a which. If it is used to denote goods which are in the L/C negotiation unless authorized! To release cargo to named consignee without presenting original B/L on harvested fruits can be issued a! In small quantities by plant tissue agreement between carrier and shipper for release cargo! Of sale applicable to all Commodity rate ). NVOCC ). in January 1988. ). from! Which exceeds 8 feet 6 inches effected are stipulated in the care of a ship 's tackle or!