Glossary

Glossary

Glossary

ANF Arrival Notification Form - Advice to the consignee of goods coming forward
ATA of certain temporary importation and exportation easier.
Athens : international Convention governing carrier's liablility.
Convention for passengers and their luggage.
AdValorem (“at value"~an ad valorem freight rate is one where the freight is based on the value of the goods. An ad valorem bill of lading is one where the value of the goods is shown on the face of the document, which value then becomes the carrier's limit of liability, in return for this increased liability the carrier will charge an addition to the sea freight.
BAF Bunker Adjustment Factor, Freight adjustment factor to reflect current cost of bunkers.
BlMCO Baltic and International maritime Council. A Copenhagen based organization to which many shipowners and brokers belong and that represents their interest and assists by preparing standard charterparties and other shipping documents and provider other advisory services.
B/L Bill of Iading - acts as a receipt for the cargo and contains the terms of the contract of carriage and is a document of tide to the goods.
B/L Ton Bill of lading ton - the greater weight or measurement of goods where lton is either l000 kilogram of I cubic meter also called Freight ton.
Blue Book Sets out regulations for the carriage of dangerous goods inships, as required by the Department of Trade for aboard ship in British port. It largely refers to the lMDG Code (see below). Bonded Warehouse : A place of security approval by the custom authorities for the deposit, keeping and securing of goods liable-to excise duty, without payment of this duty.
Box A colloquial name for a container.
Boxtime A standard BIMCO time charter for container ships.
Break Bulk Cargo Goods shipped loose in the vessel's hold and not in containers.
CABAF Currency and bunker adjustment factor, a combination of CAF and BAF.
CAF Currency adjustment factor - adjusts the freight to reflect currency exchange fluctuations.
C/B Continer base - one of a group of container freight stations. C&D : Collect and delivery- carriage from/to customer's premises tolfrom CFS (see hereunder).
C&E Customers and Excise.
C&F Cost and freight - a conventional port-to-part INCOTERM of sale. more correctly known as (see below)
CFR Cost and Freight (see above).
CFS Container Freight Station-a place for the packing and unpacking of LCL consignments. Sometimes known as CIB 'm db U.K.; Depots in other parts of the world; and lCD in the U.K. and the Indian Subcontinent.
CHlEF Customs Handling of Import and Exports Freight - a customers - computer system developed to replace DEP (see here under).
ClF Cost, Insurance and Freight (see above).
ClM Convention international convernant le transport des Merchandise per chemin defer - International Convention on the Carriage of goods by Rail.
ClP See above under lnconterms.
CMI Comite Maritime international - an international committee of maritime lawyers.
CMR Convention relative au contract de transport international des Merchandise per Route - on the Carriage of Goods by Road.
COGSA Carriage of Goods by sea Act - in the U.K. the I97! version incorporating the Hague-Wsby Rules.
COT Customer's Own Transport-i.e. the customer collects the cargo from or delivers it tothe CFS/CY.
COU Clip On Unit- a portable refrigeration unit.
CPT Carrigae Paid To-a new combined transport lnconterm replacing CFR where CT is involved by applicable to all models of transport. it used to be DCP. Particularly appropriate for combined transport.
CRN Custom Register Number - replaced CAN (custom assigned Number) in October l98l-. lt is the number allocated by C&E(see above) to an export or agent or freight forwarder for use when exports are to be entered
CSC Container Safety Convention
CT Combined Transport - carriage by more than one mode of transport under one contract of carriage.
CTD Combined Transport Document - the CTO (see above) bill of lading.
CTO Container Transport Operator - a carrier who contracs as a principal to perform a CT (see above) comaine|'s
CY Container Yard - Collection and distribution point for FCL (see above) containers. Q.’ 1 4]
Certificate of Origin A document certifying the country of origin of goods which is normally issued or signed by a Chamber of commerce of Embassy.
Cellular A term used to describe the hold configuration of purpose built container ships equipped with cell guides into which the containers fit.
Closing Date Last date for which goods can be accepted for a nominated sailing.
Conference An organization of a group of shipping lines operating in one trade who have agreed to operate a common tariff.
Consortium A group of CT O who agreeto rationalise sailings in a trade and carry each others cargo.