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Basic Ocean Freight (BOF/BAS) Charges for the service of transportation of cargo from the first port of loading to the last port of discharge. Charges are applied by container.
Ocean Freight Terminology: A Complete Glossary. This glossary of ocean freight terms is a comprehensive list of terminology related to shipping goods by sea. It includes commonly used terms in the industry, such as "demurrage," "TEU," "stowage," and "Waybill," as well as more specific terms like "BAF" and "PSS."
Our Sea Logistics shipping glossary helps you to find your way through the maze of terms and abbreviations used in international sea freight transport.
Glossary of sea freight terms. All Risk. All Risks Coverage, a type of marine insurance, is the broadest kind of standard coverage, but excludes damage caused by war, strikes, and riots. Alongside. A phrase referring to the side of a ship.
14 Μαΐ 2019 · In this infographic, you’ll find 20 of the most common acronyms that all shippers need to know in order to take on the massive industry that is ocean freight. IMO (International Maritime Organization): Under IMO 2020 regulations, starting 1 Jan 2020, the sulfur content in marine fuels will be capped at 0.5%, down from the current 3.5%.
Learn more about different shipping terms & abbreviations at SeaRates. Understand freight delivery terms meaning and explanation for easier transportation.
Any individual, company or corporation engaged in transporting goods. Container shipping lines are sometimes referred to as ocean carriers. A rate of hire agreed upon between the owner of a vessel and the person wanting to use the vessel (the 'charterer'). Abbreviation for carbon dioxide emissions.
