S E D
Shipper¡¯s Export Declaration. A form, which is often, required prior to exporting a product.
Salvage
The property which has been recovered from a wrecked vessel, or the recovery of the ship herself.
Salvage Clause
A marine insurance policy clause which states the proportion of salvage charges for which underwriters are liable.
Salvage Lien
A maritime lien which exists when a ship or goods come into the possession of one who preserves them from the perils at sea.
All salvage services carry with them a maritime lien on the items saved.
Salvage Value
The value on which salvage is awarded. It generally means the value of ship and cargoes when they have been brought to a
place of safety by the salvors.
Seal
A metal strip and lead fastener used for locking containers, freight cars or truck doors. Seals are numbered for record and
security purposes.
Seal Record
A record of the number, condition and marks of identification on seals made at various times and places, referring to the
movement of the container between origin and destination.
Service Contract
The Shipping Act of 1984 of U.S.A. allows a contract between a shipper (or a shippers' association) and an ocean common
carrier, NVOCC operator or a Shipping Conference in which the shipper makes a commitment to provide a certain minimum
quantity of cargo or freight revenue over a fixed time period, and the ocean common carrier, NVOCC operator or conference
commits to a certain rate or rate schedule as well as a defined service level (such as assured space, transit time, port rotation
or similar service features). The contract may also specify provisions in the event of nonperformance on the part of either party.
Ship Chandler
An individual or company selling equipment and supplies for ships.
Ship Owner
One of the persons in whom the title of property of a ship or ships is vested.
Ship Planning
A function in the operations of container vessels where containers have to be planned for loading onto vessels, taking into
consideration the size and weight of containers, transshipment and discharging port rotation, types of cargoes, etc. The officer
responsible for such a function is called a ¡° Ship Planner ¡°.
Shipped Bill of Lading
A bill of lading issued only after the cargoes have actually been shipped on board the vessel, as distinguished from the
Received-for-Shipment bill of lading. Also see ¡°On- board Bill of Lading¡±.
Shipped on-board
Endorsement on a bill of lading confirming loading of cargoes or containers on a vessel.
Shipper
The person for whom the owners of a ship agree to carry goods to a specified destination and at a specified price.Also called
¡°Consignor¡±. The conditions under which the transportation is effected are stipulated in the bill of lading.
Shipper Owned Container (SOC)
The container used for cargo shipment is owned by the shipper.
Shipper's Load and
Count
Shipments loaded and sealed by shippers and not checked or verified by the carriers or forwarders. Neither the carriers nor the
forwarders will assume any liability for shortages of cargoes as long as the container seal remains intact at the time of
devanning.
Shipping Order
A set of documents of carriers or forwarders which allows the shippers to book shipping space with them. There are a number
of copies with the same form and contents but with different names such as the 1st copy is called Shipping Order and the
remainders are called Shipping Order Copy or Dock Receipt for different purposes such as space control, surveyor and sworn
measurer, confirmation of receipt of cargoes/containers, etc. As EDI is more popular nowadays and used by both the shipper
and Customs, hardcopy Shipping Order is no longer widely used.
Shipside Delivery
A special cargo handling instruction for cargoes to be delivered rightaway at shipside after discharge.
Shut-out
Cargoes or containers which are not loaded on-board the intended vessel in line with the Shipping Order confirmed with the
carrier.
Slot
Space on board a vessel occupied by a container.
Stability
The force that holds a vessel upright or returns it to upright if keeled over. Weights on the lower hold increase stability. A vessel
is stiff if it has high stability, tender if it has low stability.
Stack Car
An articulated five-platform railcar that allows containers to be double-stacked. A stack car holds ten 40-foot equivalent units.
Standard International Trade Classification
(SITC)
A standard numerical code used by the United Nations to classify commodities used in international trade.
Starboard
The right-hand side of a ship when facing the bow.
Said to Contain (STC)
A standard clause used to protect carrier, NVOCC operators or forwarders when cargoes are stuffed into the container by
shippers, their agents or other third parties. See also Shipper¡¯s Load and Count.
Stern
The end of a vessel.Opposite of bow.
Stevedore
See Longshoreman.
Store-Door Delivery (STOR/DOR)
Delivery of goods to consignee's place of business or warehouse by motor vehicle. Refers to a complete package of delivery
services performed by a carrier from origin to final consumption point, whether that be a retail, wholesale or other final
distribution facility.
Store-Door
PickUp
Picking up an empty container from a carrier, delivering it to a merchant and returning the laden container; the portion of
store-door pick up performed by the carrier's trucker.
Stowag
e
A marine term referring to loading freight into the ships' holds.
Straight Bill of Lading
A term for a non negotiable bill of lading.
Stripping
The unloading of a container.
Stuffing
The loading of a container.
Supply Air
Cooled or warmed air leaving the evaporator delivered to the interior of the container. Supply air is sometimes called delivery-air.
Surcharge
An extra or additional charge.
T E U
Twenty-Foot (20¡¯) Equivalent Unit. Commonly describes a 20-foot container.
T V A
Time Volume Agreement.A contract between a carrier and shipper specifying the movement of a number of containers over time.
T-floor
Interior floor in a reefer, so named because of the longitudinal T-shaped rails which support the cargo and form a plenum for air
flow beneath the cargo.
Tail
The rear of a container.
Tank Container
A specially constructed container for transporting liquids and gases in bulk.
Tare Weight
The weight of packing material or, in carload shipments, the weight of the empty freight car, or the weight of a container.
Tariff
A publication setting forth the charges, rates and rules of transportation companies.
Terminal
An assigned area in which containers are prepared for loading into a vessel or are stacked immediately after discharge from the
vessel.
TEU
Twenty-foot Equivalent Unit (20) .
Terminal Handling Charge
(THC) A charge of carriers for recovering the costs of handling FCLs at container terminals at origin or destination.
Through Rate
The total rate from the point of origin to final destination.
Through Service (Thru
Service)
A combination of transportation by sea and land (Thru Service) services to/from the point of origin to final destination.
Time Charter
A charter party hiring a vessel for a specified period of time in which the shipowner provides the vessel, bunkers and crew while
the charterer supplies the cargo.
Tonnage
Generally refers to freight handled.
Towage
The charge made for towing a vessel.
Tramp
A freighter vessel that does not run in any regular trade lane but takes cargo wherever the shippers desire.
Tranship
To transfer goods from one transportation line (trade lane) to another, or from one ship to another.
Transhipment Hub
A port which is employed by a carrier for transshipping its carriers from one transportation line ( trade lane ) to another.
Transit Cargo
Goods onboard which upon their arrival at a certain port are not to be discharged at that port.
TransitPort
A port where cargoes received are merely en route and from which they have to be transferred and dispatched to their ultimate
destination by coasters, barge and so on. Also called ¡°TransshipmentPort¡±.
Terminal Receiving Charge (TRC)
A charge assessed by the terminal for cargoes being delivered for export.
UCP
Uniform Customs and Practice of Documentary Credit. The bankers Bible on Documentary Credit Interpretation issued by the
the International Chamber of Commerce ( I.C.C. )
UCP500
Revised and updated version of UCP operating from January 1, 1994.
UN
United Nations.
UNCTAD
United Nations Conference on Trade and Development.
UNCTAD MMO
UNCTAD Multi Modal Transport Convention.
Underwriter
In marine insurance, one who subscribes his name to the policy indicating his acceptance of the liability mentioned therein, in
consideration for which he receives by way of a premium.
Unit Load
Packages loaded on a pallet, in a crate or any other way that enables them to be handled at one time as a unit.
Unit Train
A train of a specified number of railcars, perhaps 100, wherein they remain in a unit for a designated destination or until a
change in routing is made.
USDA
United States Department of Agriculture.
V A T, Mexico
Valued-Added Tax on the portion of service provided by the Mexican carrier. The invoicing party is due to collect and remit this tax.
Vanning
A term sometimes used for stowing cargo in a container.
Ventilated Container
A container designed with openings in the side and/or end walls to permit the ingress of outside air when the doors are closed.
Vessel's
Manifest
Statement of a vessel's cargoes or containers (revenue, consignee, marks, etc.).
Voyage Charter
A charter party hiring a vessel for a particular voyage in which the shipowner provides the vessel, bunkers and crew whilst the
charterer supplies the cargoes.
Voyage Direction
The sector of a round trip voyage normally denoted by the direction of the sailing.
Voyage Number
The numeric identification of a trip undertaken by a vessel on a fixed trade lane.
War Risk
Insurance coverage for loss of goods resulting from any act of war.
Warehouse
A place for the reception and storage of cargoes.
Waybill (WB)
A document prepared by a transportation line at the point of a shipment; shows the point of the origin, destination, route,
consignor, consignee, description of shipment and amount charged for the transportation service. A waybill is forwarded with
the shipment or sent by mail to the agent at the transfer point or waybill destination. Unlike a bill of lading, a waybill is not a
document of title.
Weight Cargo
A cargo on which the transportation charge is assessed on the basis of weight.
Wharfage
A charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using
the pier or dock.
Glossary of International Freight and Shipping Terms
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