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Shipping story

Shipping language for charter,shipping business

by rangly 2023. 9. 1.
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The qualifications to the redelivery notice were construed by the arbitrators to mean..

fme: Force Majeure Excepted

wp: weather permitting
uce: unforeseen circumstances excepted
wog or wag: without guarantee

agw: all going well
wp : without prejudice

fcl : full container load

lcl : less container load

OOG : out of gauge, overized cargo , on flat rack or open top container

CY/CY : rate is valid from container yard to container yard - used for container shipments only

DC container : Dry cargo container =standard closed box container

DV container : Dry van container = standard closed box container

GP container : General purpose container = standard closed box container

HC container : High cube container = container which is 1'(abt 30 cm) higher than normal containers

OT container : open top container

FR container : Flatrack container

RF container : Reefer container (can maintain fixed termperature during transport, cold or warm)

COC : carriers own container

SOC:shipper's own container

Liner terms,hook to hook : rate includes seafreight, loading to vessel, lashing and securing, unlashing and discharge. 

                                            any cost to hooking/unhooking not included, nor any landside/teminal cost whatsoever.

fios : free in and out, stowed. it means that loading and discharge of goods, stowage, lashing and securing, is additional and not included in price

free out : consignee shall arrange and cover cost of discharge of cargo from vessel

fot : free on truck. loading and unloading of cargo to/from truck is not included.

filo : free in/ free ot. it means that loading incl. lashing & securing of goods are excluded in the price, but discharge cost are included in the price.

lifo : liner in/free out. vice versa of above

basis 1/1 : basis 1 port to 1 port

bbb : before breakbulk bulk. refers to freight payment that must be received before discharge of a vessel commences. offen used when transit time is short.

b/b : breakbulk cargo

bends : both ends(load &discharge port)

bod : board of directors approval.

broken stowage : the cargo space which is unavoidable lost when stowing cargo. the percentage of wasted space depends upon e.g the kind of cargo. the packing and the used space.

chopt : charterers option

cob : closing of business hours

cog : center of gravity

cp (or c/p) : charterer party

dwt : dead weight ton - definition of vessel size

fhinc : fridays, holidays included(muslim countries)

grace period : agreed free time in pol/pod before detention cost will count

gsbaaaa : on good safe berth, always afoat, always accessible

hot permit : permit to perform welding work

loa : length overall of the vessel

l/s/d/w : lashing, securing, dunnaged, welding

molchopt : more or less charterer's option

nor : notice of readiness

non-reversible : detention. if loading completed sooner than expected, then saved days will not be added to discharge time allowed.

part cargo : expression used when booking with breakbulk carriers in tramp service. part-cargo means that only part of the vessel is booking.

pdpr : per day pro rata

recap : recapitulation of the terms and condtions agreed

shex ; sundays, holidays excluded

shinc : sundays, holidays included

sshex : saturday, sunday, holidays excluded

sof : statement of facts

tbn : to be named/to be nominated

w/m rt or fr : weight or measure, revenue ton, freight ton : 1 ton equals 1 cbm

 

 

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