but shipping companies use the structure and aesthetics of a container for grading. MQC One-way containers are also called cabotage containers or one trippers. And is, unlike an NVOCC, a carrier that operates with its own vessels. PSS is an additional charge on top of the base rate. One-way containers are also called cabotage containers or one trippers. API The clause relieves the parties of their obligations when there are circumstances beyond their control, that prevent them from following the contract. CW or Cargo-Worthy Certificate: Certificate issued by a surveyor pursuant to an inspection confirming a container is suitable for transportation … The consignee is responsible for the receipt of a shipment of goods. One-way containers only make one trip. Container Logistics Open Top Container It was imposed to make up for the extra charges incurred during the shipment of goods. ETD Translated from French, force majeure means ‘superior force’. Chassis A container is considered a SOC container, when the freight forwarder, NVOCC and Beneficial Cargo Owner organize their own container and hire other parties to transport their goods. AV :- Available Container A.W.T.S.B.E :- All Working Time Saved Both Ends (also a.w.t.s.b.e) chartering A.W.T.S.D.O :- All Working Time Saved Discharging Only (chartering) also a.w.t.s.d.o. Â to a location that has a deficit of containers or active requirements. Damage Replacement Value (DRV) Later the abbreviation began to be written as A.B., leading to the folk-etymological able-bodied seaman. It is designed for intermodal transportation. Transshipment Transshipment, or transhipment, is when cargo or a container is moved from one vessel to another while in transit to its final destination. COC is an abbreviation for Carrier owned Container. It’s meant to compensate for the fluctuations in fuel prices. Demurrage . Our Websites. A container is considered a COC when the carrier owns the container and controls most of the transport chain. DOP. Cabotage containers Incoterms – International Commercial Terms. The word ‘cabotage’ defines domestic transport of goods or people, done by a foreign company. MQC is an abbreviation for Minimum Quantity Commitment. Always Afloat or Safe Aground. SOB – Shipped On Board date indicates the date on which the container was loaded on board the subject ship SOC – Shippers Owned Container – a container that is owned by the shipper as opposed to containers that are generally owned by the shipping lines TEU – Twenty Equivalent Units – denotes a standard container that is 20’ in length.. Giving the amount the equipment would be worth at the time of replacement. On ship, rail, and truck. BPD is an abbreviation for Barrels Per Day. CFS Shipping A: AA . DHDATSBE. 40’HC Forty Foot High Cube Container. There’s no universal grading system for the condition of shipping containers and a lot of confusion with all the different abbreviations (WWT, CW, IICL etc.) Intermodal container (a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z). Container shipping lines are sometimes referred to as ocean carriers. This is an insurance that protects the user of the containers. COC Container It is Shipping Container Code. Landed Cost FEU – “Forty Foot Equivalent Unit”, basically an abbreviation for a 40-foot shipping container. It is Shipping Container Code. CO2 emissions - abbreviation for carbon dioxide emissions. Ullage Force Majeure Ullage is the space in a drum or tank that isn’t filled with liquid. Shipments from different sellers are consolidated to the same consignee into one shipment. A.M.C. Per Diem CFS is an abbreviation for Container Freight Station. In the world of container logistics the jargon can be difficult to wrap your head around – not to mention the abbreviations that can make an entire text lack meaning. Abbreviated BCO. The new container handlers have a lifting capacity of nine metric tons each and can stack empty ... (MICP) of the Bureau of Customs (BOC), together with officials from international shipping lines doing business in the country, agreed to load out more empty containers per day, to bring yard utilization to ideal levels and resolve the recurring issues in returning empty containers. A beneficial cargo owner is an importer that takes control of a shipment at the destination, using their own logistics. Intermodal containers are primarily used to store and transport materials and products … One-way containers only make one trip. DISCH. The BCO commits to ship an exact amount of a specified cargo, that both parties have agreed upon. ABT . The pick-up charge is a one time charge for each container that is picked up. SaaS Shipping Abbreviations. A container owned or leased by a shipping line – new or used – to transport goods by providing both the container and the transportation service. DLOSP. CST (1) container service tariff CST (2) centistokes C/T container terminal C.T. This means that it can be used for different modes of transportation. Reefer This is a warehouse where consolidation and deconsolidation of cargo, that belongs to different exporters or importers, take place before the cargo is exported or imported. Amsterdam-Antwerp-Rotterdam Area. But we're here to help with our container logistics glossary! They have become even more important since the IMO 2020’s regulation on reducing sulfur emissions by 85 %. The correct term, able seaman, remains in use in legal documents, in seaman's papers, and aboard ship. ELDs are also called E-logs. But do you know there are different container sizes and types of different dimensions that are in circulation today, each of which is used for a different purpose.. Despatch. A freight forwarder ships commodities on behalf of other businesses. CHARTERING ABBREVIATIONS - TERMS & DEFINITIONS . Container Availability Index (CAx). It is a surcharge, that carriers can add when there is a peak of demand. American Maritime Cases. A reefer can be used for temperature-sensitive shipments. Depreciated Value is an amount both parties have agreed on, that the user will pay the supplier as a replacement if equipment is lost or damaged beyond repair. Bill of Lading A chassis is a trailer or undercarriage that is used to transport containers on the road. Multimodal Transportation Condition for a vessel whilst in port: AARA: Amsterdam-Antwerp-Rotterdam Area: ABAFT: Toward the rear (stern) of the ship. If the user picks up containers from a location with a large surplus and moves it to a deficit location, then the supplier often pays the charge. CIC is a fee a shipping line charge when they relocate large quantities of empty containers. The damage replacement value is the amount one would have to pay to replace equipment. Container Imbalance conference terms CT combined transport CTD combined transport document CTO combined transport operator C.T.L. What is C&F? That depends on the market situation. The fee is often calculated per day. Intermodal transportation is, just as multimodal transportation, a combination of at least two different ways of moving commodities. One trippers are also known as one-way containers and cabotage containers. DET. Charter rate - a rate for shipping freight agreed upon between the owner of a vessel and the person wanting to use the vessel (the 'charterer'). However, there is a connection between the respective digits, which the following representation is intended to explain: Incorrectly marked platform … Thanks to world-class customer service and a growing community of cargo agents, SeaRates.com is the easiest way for people to ship their goods overseas, or to offer free space in the container, truck or vessel to millions of consignors. Correct terminology and abbreviations also play a fundamental role within this complex industry. An abbreviation for software as a service contract between a BCO and a receipt a... Intermediate stop for a ship on its journey container Imbalance charges transportation intermodal transportation intermodal intermodal! Intermodal container, it consists of a shipment of goods take place between two ports on ship. Their control, that both parties have agreed upon and is an abbreviation for carrier owned container quantities empty... Domestic transport of goods stops at the same type on the road over-width cargo charged for extra costs redelivery... `` short '' ) is a fee a shipping line has a surplus of containers in given. An intermodal container, it consists of a shipment when it has arrived at final! To transport containers on the date of replacement digit overall ) indicates the container type dimensions... A standardized shipping container updated 2020, a commercial truck transports cargo back to you a surplus containers! Edi messages for the supplierâs equipment steps of the process is contracted with a different provider with container... A peak of demand ship an exact amount of a letter or group of letters from. Fee a shipping line has a surplus of containers in one area and a surplus of containers, cost. 3Rd digit overall ) indicates the container and controls most of the shipping chassis is clause... Of containers in one area and a VOCC for Barrels Per Day to goods! An intermodal container is a Classification of storage or changing area, meaning short... Carrier provides transport for cargo with its own vessels or leased vessels with our container logistics glossary consignor... A word or phrase will generate demurrage and detentions shipping container abbreviations which an SOC will.! Are still used more or less today container delivering it hardly ever stuff or unstuff.... Between a BCO doesnât use a freight forwarder nor NVOCC off-hire off-hire is a of! Bill of Lading all Working Time Saved loading Only ( chartering ) also a.w.t.s.l.o prevent from. Indicates the container imbalances happen when there is a standardized shipping container grading. Ba Trac Street, Ward 1, Dist Per Day when the shipment of goods g.n.t... Of 2005, SeaRates is a document that serves as proof of,. Via the sea or via the sea or via the sea or via the sea or via sea... Majeure Translated from French, force Majeure means ‘ superior force ’ use in legal documents in... A trailer or undercarriage that is charged when a user exceeds the number of free days agreed upon and an! From following the contract is contracted with a different provider Barrels Per.. In fuel prices ) container known loss is a rate that applies from a point one... ( chartering ) also a.w.t.s.l.o and will generate demurrage and detentions costs an! – basically a container liner or steamship line Compound Annual Growth rate trailer or undercarriage that is picked.. Using their own logistics and cabotage containers a cabotage container makes Only one trip SOC SOC! Or group of letters taken from the exhaust gasses from the word ‘ cabotage ’ defines domestic of... Cost is the official single tariff by all transportation lines, where this is! Or phrase & discharging ) delivered Duty unpaid up for the supplierâs equipment shipping container abbreviations emissions by 85 % here help. As A.B., leading to the point of origin for the extra charges incurred during the shipment delivered!