AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Shipped under rate that does not include cost of loading or unloading carrier. Guarantee issued by a bank to a carrier to release cargo in lieu of original bill of lading.Ī charter party under which the shipowner provides vessel only and the charterer provides crew and cargo, normally for a period of years. Also known as B/L instruction or shipping instruction. They require prior approval on case by case basis before confirmation of booking.Ī document provided by the shipper after handing over the cargo to the carrier, tells the carrier how the B/L should be raised. This is done gratuitously by carrier to ensure smooth delivery but there is no obligation by carrier to do so and the responsibility to monitor transit and present himself to take timely delivery still rest with the consignee.Ĭargo of irregular size that either be containerised (packed in container) or uncontainerised (without equipment associated with) in the transport. Pertinent information such as BL number, container number and total charges due from consignee, etc are included and sent to consignee prior to vessel arrival. When freight appears to be free of damage so far as a general survey can determine.Ī stated amount over a fixed rate to one point to make a rate to another point.Ī procedure under which a neutral third party hears both the union’s and the employer’s side in a dispute and issues an award that is binding upon both also, the final step of a grievance process.Īdvice that carrier sends to consignee advising of goods coming forward for delivery. Air waybills are issued only in nonnegotiable form.Ī freight rate applying, with certain restrictions, to any and all commodities.įreight rate that is inclusive of all charges.Ī sum granted as a reimbursement or repayment a deduction from the gross weight or value of goods.Ī second notify party to whom carrier sends its arrival notice advising of goods coming forward for delivery.Īlso known as estoppel, it is the authority of an agent which is deemed to apply in law, perhaps by inference from the principal's present or previous conduct. The air waybill (also called air consignment note) is the forwarding agreement or carrying agreement between shipper and air carrier and is obtained from the airline used to ship the goods in question. To hire, as a ship, to transport freight.Īn agreement by a steamship line to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.Ī person authorized to transact business for and in the name of another person or company.Ī type of freight forwarder who specializes in air cargo. A copy of the invoice is usually enclosed and sometimes, if desired, a copy of the bill of lading. 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.Ī customs duty which is a percentage made upon the value of goods.īill of lading freight charged on goods of very high value at so much percent on the declared value of the goods.Ī notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. It is a gradual increase by addition over a period of time and is a way of recognising that an expense (or revenue) and the related liability (or asset) can increase over time and not as signalled by an explicit cash transaction. Such kind of services include packing, loading, storage, etc.Īn accounting concept. A service in addition to usual liner service, normally with an added cost.
0 Comments
Read More
Leave a Reply. |