Terms & Abbreviations ACBPS Australian Customs and Border Protection Service manages the security and integrity of Australia's borders. One reason for this action was the continuous exten-sion of the use of the United Nations Layout Key for trade documents. Categories. Another reason was that automatic Metals and steel products. FOB is the most common and easiest shipping term to use when importing products from Asia. Usually, but not always, it consists of a letter or group of letters taken from the word or phrase. Let’s start with very basic terms: FCL: Full container load It is especially important for long-term shipping contracts when a carrier experiences varying fuel costs week by week. All Going Well. AAAA . The concessionaire bears the commer-cial risk of operating the facility. Terms & Abbreviations Contact About. Incoterm is the elided word that shortens International Commercial Terms. shipping terms list. ADCOM . ECE/TRADE/259 page 3 IV. Chartering Abbreviations. concession. Bill of Lading A legal document that outlines the types of … Correct terminology and abbreviations also play a fundamental role within this complex industry. The consignee is the person that’s paying for the freight service. A collective term for all of the persons in a ship′s crew, including officers. A/S. The correct term, able seaman, remains in use in legal documents, in seaman's papers, and aboard ship. Delivered Duty Unpaid (DDU) is an international trade term meaning the seller is responsible for ensuring goods arrive safely to a destination; the buyer is responsible for import duties. ATDNSHINC. The shipper is responsible for coordinating the outbound logistics of the freight. The hiring of a ship in whole or part: AFT. info@shippo.co.uk. Email us. comprise To include or contain. Incoterms 2020 defines 11 rules, the same number as defined by Incoterms 2010. ANTHAM. Technically it is a non-negotiable instrument of air transport which serves as a receipt for the shipper, This may also include abbreviations commonly used but which may not be fully understood.. AARA – Amsterdam-Antwerp-Rotterdam Area. APS. Definitions for an alphabetical listing of frequently searched logistics and supply chain terms ranging from parcels, ocean and air freight, global freight forwarding, customs clearance and many others. bunker adjustment factor Bags/Bulk part in bags, part in bulk Ballast heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo BBC Chartering operates the market’s largest fleet of multipurpose and heavy lift vessels and a global service for any port, any cargo. code list is identical to the trade term abbreviations contained in the ICC publication 560, Incoterms 2000 (effective January 2000). FBA. We deal with a lot of shipping jargon and abbreviations on a daily basis, but not all of us know what it means and implications of incorrect usage of the jargon.. Shipping Terms Explained . PAYTERMS – Abbreviations for Terms of Payment 114 Recommendation 17 2. Products Find products you are looking for by clicking a category or use the alphabetical index. Machinery and rolling stock. CARRIER AHL. A term used to describe blocked space by airlines and shipping lines on behalf of forwarders/shippers. Get quote. a - b - c - d - e - f - g - h - i - j - k - l - m - n - o - p - q - r - s - t - u - v - w - x - y - z @ - At (referring to price) A. Thus, to a shipping student, novice or even an exprienced personel in the business, these terms and common abbreviations as constantly being used may seem very strange or indeed never have heard before.So be careful to know or understand what you are reading or signing. Able Seaman (A.B.) Incoterms 2020 is the ninth set of international contract terms published by the International Chamber of Commerce, with the first set having been published in 1936. Quick Terms & Abbreviations Ad Valorem - (“at value”) – an ad valorem freight rate is one where the freight is based on the value of the goods. Arrival Pilot Station. CHARTERING ABBREVIATIONS - TERMS & DEFINITIONS . Here’s our guide… Shippo; Shipping Terms, Glossary Shipping Terms, Shipping Industry Terms, trends. Call us. About 400 people in 33 offices are passionate about delivering the industry’s most trusted and highest performing transport service for projects, breakbulk and heavy lift cargoes. AFSPS . Quick Quote What size is your shipment? Welcome_to_CargoHandbook Products by category Products A-Z Terms Contact About. As applied to a naval task force, the listing of all assigned units for a single transient purpose or mission (e.g. If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. BAF: Bunker adjustment factor. Shipping Terms Abbreviation Groups The list below breaks down the 11 Incoterms rules into four color-coded categories for easy navigation and understanding. GLOSSARY OF TRANSPORTATION TERMS, ABBREVIATIONS, AND ACRONYMS Transportation, like many other fields, has numerous uses of "jargon.” These language short-cuts ease communication among professionals in the field, but can be confusing to everyone else. Glossary Of International Shipping Terms A8A Manifest A form issued by a licensed Custom’s Broker which allows CCRA to monitor in bond shipments as they move through Canada. Part 1 - Terms and Abbreviations - 4 - B B2B business to business B2C business to consumer B.A.C. AA – Always Accessible or Always Afloat – Term in charter party obliging the charterer to order the ship to a port or berth where she would not touch the bottom or perhaps be unavailable at any time due to tidal variations. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods. We'll get back to you asap. A document signed by the carrier which acts as a Contract of Affreightment, a receipt and evidence of title to the cargo. Australian Hold Ladders. An abbreviation (from Latin brevis, meaning "short") is a shortened form of a word or phrase. SHIPPING TERMS ESSENTIAL DOCUMENTS & CHARGES FREIGHT SERVICES & PROCESSES Fuel Surcharge An additional charge to the overall cost of fuel that may increase or decrease based on ˜uctuating fuel prices. Below are some of the most common freight-shipping terms and abbreviations, along with descriptions of how each one fits into the larger context of the freight shipping industry. Fulfilment by Amazon (FBA), you store your products in Amazon's fulfilment centres, and they pick, pack, deliver, and provide customer service for these products. Food and beverages. ATUTC : At or towards the stern or rear of a ship. ARAG. This act automatically applies to international ocean movements but not to domestic ocean transits unless the carrier agrees to be bound by it. Speaking the same “shipping” language can help avoid misunderstandings, which most of the time lead to errors and negatively affects service performance and revenue. In the old days the need for keeping the length of communication offshore was imperative to save time. Page 1 of 6 Most commonly used Chartering Abbreviations, Terms & Definition AA = Always Afloat AAAA = Always Accessible Always Afloat AARA = Amsterdam-Antwerp Rotterdam Area ABT = About ADCOM = Address Commission AFSPS = Arrival First Sea Pilot Station (Norway) AFFREIGHTMENT = The hiring of a ship in whole or part AFT = At or towards the stern or rear of a ship Common Shipping Terms Abbreviation for International Trade Shipment Terms and Conditions: We have to face so many shipping terms and abbreviations during shipping or shipment (LCL sea shipment or air shipment) the products to the foreign buyers. ABT . … Behind. The space for indicating terms of payment on the Layout Key was limited, making the use of concise expressions essential. In all international transactions, shipping can be paid for and done by either the shipper or the consignee. Shipper. AWB Airway Bill – is a bill of lading which covers both domestic and international flights transporting goods to a specified destination. Understanding shipping terms is absolutely crucial when transporting goods across the globe. ABBREVIATION MEANING >> Terms & Definitions AA Always Afl oat AAAA Always Accessible Always A fl oat AAOSA Always Afl oat or Safe Aground. These abbreviations are still used more or less today. Shipping terms list and Chartering abbreviations: charter words glossary, chartering terms definitions, frequently used chartering acronyms. Here is an abridged list of commonly used transportation terms, abbreviations, and acronyms: ADA ..... Americans with … The ownership of the concession area (port land) remains with the government or port authority during the entire concession period. An application that expedites the clearance of cargo for the subsequent release of containers when imported to U.S.A. through electronic submission of cargo manifests in lieu of bulk … A: AA . "The task force comprises Ship A, Ship B, and Ship C"). They tell each party concisely what is expected of them in selling and in contract negotiations. AARA . AMS Automated Manifest System. That being said, it is not easy to remember exactly what the various abbreviations stand for. Later the abbreviation began to be written as A.B., leading to the folk-etymological able-bodied seaman. AAAA – Always accessible and always afloat. AAA: Association of Average Adjusters: AAD: Administrative Accompanying Document: AAr : Against all risks (Obsolete) A/r : All risks (Obsolete) A/B : Aktiebolaget(registered company -Sweden) ABI : Association of British Insurers: ABCC: Association of British Chambers of Commerce: A-BCC: Arab-British Chamber of Commerce: A/C : Account: ACP: … The act provides that the shipowner's liability will be limited to $500 per shipping package, and it stipulates a one-year time limit for filing suit against the carrier. Note that while the Incoterms FAS, FOB, CFR and CIF are applicable to only sea or inland waterway transport, all other terms can be used for all modes of transportation—air, ground, rail and ocean. In some cases, these terms are known and in most of the cases, it’s unknown to us. Loaded through large hatchways B/L: Bill of lading. Seeds and agricultural products, fertilisers. Consolidated shipments are generally classified as FAK. Amsterdam-Rotterdam--Antwerp-Ghent Range. Common Export and Shipping Abbreviations. bunker adjustment charge B.A.F. Shipping industry term for a carrier's tariff classification for all kinds of goods that are pooled and shipped together at one freight rate. Shippo Ltd 5 out of 5 stars. BBC Chartering is the premier source for global project shipping services. They are 3 letter abbreviations recognized throughout the world. FIELD OF APPLICATION 2. Shipping Terms. Live Chat. Condition for a vessel whilst in port AARA Amsterdam-Antwerp-Rotterdam Area ABAFT Toward the rear (stern) of the ship. In shipping there are many abbreviations. The purpose of Incoterms is to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade. Minerals and rocks/ores. Antwerp-Hamburg Range . An Able Seaman (also AB) is an unlicensed member of the deck department of a merchant ship. AGW. the terms used in shipping. Single deck ship carrying homogenous unpackaged cargoes. 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