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Shipping
Relating to the mass transport of goods on massive cargo ships.
Industry: Transportation
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Shipping
Open insurance policy
Transportation; Shipping
A marine insurance policy that applies to all shipments made by an exporter over a period of time rather than to one shipment only.
Free carrier (FCA)
Transportation; Shipping
An Incoterm of sale meaning the seller has delivered when the cargo is given to the carrier nominated by the buyer at the named place.
Service
Transportation; Shipping
A string of vessels which makes a particular voyage and serves a particular market.
Customs bonded warehouse
Transportation; Shipping
A warehouse authorised by Customs to receive duty–free merchandise.
Open sea
Transportation; Shipping
The water area of the open coast seaward of the ordinary low-water mark, or seaward of inland waters.
Automated identification system (AIS)
Transportation; Shipping
It is a system used by ships and Vessel Traffic Service (VTS) principally for the identification and the locating of vessels. AIS provides a means for ships to electronically exchange ship data ...
Free in and out (FIO)
Transportation; Shipping
Cost of loading and unloading a vessel is borne by the charterer/shipper.
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