Shipowner | Ship owner, carrier |
Agency | An organisation operating in any port on behalf of the shipowner and acting as its representative. |
NVOCC | “Non Vessel Operating Common Carrier” (Carrying without owning a ship) |
Co-Loader | Carrying out transport by consolidating the freight of forwarders with its own freight. |
Forwarder | Organiser company that carries out the operation of road, air, sea, railway transport, customs clearance and insurance services and has an active agency network. |
Bill Of Lading (B/L) | Sea waybill |
Master B/L | Master Bill of Lading |
House B/L | Interim Bill of Lading |
Charter Carriage | It is the transport made by renting the ship completely or partially (part cargo). |
Charter Party | It is the name given to the contract made between the carrier and the shipowner. |
Bulk Loading | Bulk loading in conventional freight transport. |
Broker | Broker acting as an intermediary between shipowner and shipper. |
RO-RO Transportation | Carriage by ships carrying vehicles, trailers or containers |
LOADING AND UNLOADING TERMINOLOGY
Free In (FI) | Cost of loading at the port |
Free Out (FO) | Unloading costs at the port |
Liner In (LI) | The cost of loading belongs to the shipowner |
Liner Out (LO) | The cost of unloading belongs to the shipowner |
Stuffing | Stacking, placing the load in the container |
Unstuffing | Emptying the container |
Stevedoring | Ship loading and unloading service |
PORT TERMINOLOGY
Storage | Storage / warehousing at the port |
Demurrage | If the ship exceeds the loading and unloading time allowed to it or the cargo waiting in the container is not withdrawn and discharged from customs before the allotted time. |
Free Time | Free time. The time the cargo can wait without demurrage. Demurrage is applied in case of time exceeding. |
THC | (Terminal Handling Fee) : Handling fee at the port |
Provisional Acceptance | According to the customs legislation in Turkey, containers have the status of goods subject to customs. For this reason, customs clearance costs arise when a container is removed from the bonded area in the port or brought back to the port. |
FREIGHT RELATED TERMINOLOGY
CAF | (Currency Adjustment Factor) Inclusion of fluctuations in the US dollar in freight. |
BAF | (Bunker Adjustment Factor) Inclusion of fluctuations in fuel oil prices in overseas transports to a certain extent in the freight. |
Primage | A surcharge imposed by the shipowner to reduce the shipowner’s risk, usually used in export freight from Turkey. |
War Risk Surcharge (WRS) | Surcharge in addition to freight for voyages to ports where there is a risk of war. |
High Cube Surcharge | Additional charge for High Cube container |
IMCO Charge | Surcharge requested by the shipowner for dangerous goods carriage |