Glossary of Shipping Terms:
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A
AA
Always Afloat (In some ports the ship aground when approaching, or at berth.)
AAR
Abbreviation for:
- Against All Risks (insurance clause).
- Association of American Railroads.
Abaft
A point beyond the midpoint of a ships
length, towards the rear or stern.
Abandon
A proceeding wherein a shipper/consignee
seeks authority to abandon all or parts of their cargo.
Abatement
A discount allowed for damage or
overcharge in the payment of a bill.
ABI
U.S. Customs' "Automated Broker
Interface," by which brokers file importers' entries electronically.
Aboard
Referring to cargo being put, or laden,
onto a means of conveyance.
Absorption
One carrier assumes the charges of
another without any increase in charges to the shipper.
Acceptance
- A time draft (or bill of exchange) that
the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.
- Broadly speaking, any agreement to purchase goods under specified terms.
Accessorial Charges
Charges that are applied to the base
tariff rate or base contract rate, e.g., bunkers, container, currency,
destination/delivery.
Acquiescence
When a bill of lading is accepted or
signed by a shipper or shipper's agent without protest, the shipper is said to acquiesce
to the terms, giving a silent form of consent.
Acquittance
A written receipt in full, in discharge
from all claims.
ACS (A.C.S.)
U.S. Customs' master computer system,
"Automated Commercial Systems."
Act of God
An act beyond human control, such as
lightning, flood or earthquake.
Ad Valorem
A term from Latin meaning,
"according to value."
Administrative Law Judge
A representative of a government
commission or agency vested with power to administer oaths, examine witnesses, take
testimony, and conduct hearings of cases submitted to, or initiated by, that agency. Also
called Hearing Examiner.
Admiralty (Adm.)
Refers to marine matters such as an
Admiralty Court.
Advance
To move cargo up line to a vessel leaving
sooner than the one booked. (See "Roll.")
Advanced Charge
Transportation charge advanced by one
carrier to another to be collected by the later carrier from the consignor or consignee.
Adventure
Shipment of goods on shipper's own
account. A bill of adventure is a document signed by the master of the ship that carries
goods at owner' risk.
Advice of Shipment
A notice sent to a local or foreign buyer
advising that shipment has gone forward and containing details of packing, routing, etc. A
copy of the invoice is often enclosed and, if desired, a copy of the bill of lading.
Advising Bank
A bank operating in the seller's country,
that handles letters of credit in behalf of a foreign bank.
Affreightment, Contract of
An agreement by an ocean carrier to
provide cargo space on a vessel at a specified time and for a specified price to
accommodate an exporter or importer.
Aft
Movement toward the stern (back end) of a
ship.
Agency Tariff
A tariff published by an agent on behalf
of several carriers.
Agent (Agt.)
A person authorized to transact business
for and in the name of another person or company. Types of agent are:
(1) brokers,
(2) commission merchants,
(3) resident buyers,
(4) sales agents,
5) manufacturer's representatives.
Aggregate Shipment
Numerous shipments from different
shippers to one consignee that are consolidated and treated as a single consignment.
Agreed valuation
The value of a shipment agreed upon in
order to secure a specific freight rate.
Agreed Weight
The weight prescribed by agreement
between carrier and shipper for goods shipped in certain packages or in a certain number.
A.I.D.
Agency for International Development.
Air Waybill
The forwarding agreement or carrying
agreement between shipper and air carrier and is issued only in nonnegotiable form.
All In
The total price to move cargo from origin
to destination, inclusive of all charges.
Alongside
A phrase referring to the side of a ship.
Goods delivered "alongside" are to be placed on the dock or barge within reach
of the transport ship's tackle so that they can be loaded.
Alternative Rates
Privilege to use the rate producing the
lowest charge.
Ambient Temperature
The temperature of a surrounding body.
The ambient temperature of a container is the atmospheric temperature to which it is
exposed.
American Bureau of Shipping
U.S. classification society which
certifies seagoing vessels for compliance to standardized rules regarding construction and
maintenance.
AMS
The U.S. Customs' "Automated
Manifest System."
Anti-Dumping Duty
A tariff imposed to discourage sale of
foreign goods, subsidized to sell at low prices detrimental to local manufacturers.
Any Quantity (A.Q.)
Usually refers to a rating that applies
to an article regardless of size or quantity.
Apparent Good Order
When freight appears to be free of damage
so far as a general survey can determine.
Appraisement
Determination of the dutiable value of
imported merchandise by a Customs official who follows procedures outlined in their
country's tariff, such as the U.S. Tariff Act of 1930.
Appraiser's Stores
The warehouse or public stores to which
samples of imported goods are taken to be inspected, analyzed, weighed, etc. by examiners
or appraisers.
Arbitrary
A stated amount over a fixed rate to one
point to make a rate to another point.
Average
See insurance.
Arrival Notice
A notification by carrier of ship's
arrival to the consignee, the "Notify Party," and - when applicable - the
"Also Notify Party." These parties in interest are listed in blocks 3, 4 and 10,
respectively, of the Bill of Lading.
ASC X12
American Standards Committee X12
responsible for developing EDI standards for the United States.
Assignment
A term commonly used in connection with a
bill of lading. It involves the transfer of rights, title and interest in order to assign
goods by endorsing the bill of lading.
Astern
- Behind a vessel
- Move in a reverse direction.
A.T.A.
American Trucking Association.
ATDNSHINC
Any time Day or Night Sundays & Holidays Included.
Athwartships
A direction across the width of a vessel.
Avoirdupois Pound
Same as 0.4535924277 kilograms.
AWWL
Always within Institute Warranties Limits
(Insurance purpose).
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