Cargo manifested but not loaded. SIC

Payload achieved as against available capacity, expressed as a percentage. Cargo is frequently limited by volume rather than weight; load factors of 100 percent are rarely achieved. With Average (WA)

A tariff calculated "according to value", or as a percentage of the value of goods cleared through customs; for example, 15 percent ad valorem means 15 percent of the value of the entered me [..]

The broadest form of coverage available, providing protection against all risk of physical loss or damage from any external cause. Does not cover loss or damage due to delay, inherent vice, inadequate [..]

An adjustment in shipping charges to offset price fluctuations in the cost of fuel. Also known as a Bunker Surcharge (B/S). The word Bunker refers to fuel storage containers on a vessel. Bill of Ladin [..]

A bill of lading acknowledging that the relative goods have been received on board a specified vessel.

A negotiable bill of lading. There are two types: A bill drawn to the order of a foreign consignee, enabling him to endorse the bill to a third party. A bill of lading drawn to the order of the shippe [..]

A warehouse authorized by customs for storage of goods on which payment of duties is deferred until the goods are removed. Break-bulk Vessel

Loose cargo that is loaded directly into a ship's hold. Bulk Carrier

A method of payment for goods in which documents transferring title are given to the buyer upon payment of cash to an intermediary acting for the seller. CAF (Currency Adjustment Factor)