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- A term indicating that a shipper's agent or representative is not empowered to make definite decisions or adjustment without the approval of the group or individual represented.
www.maersk.com/support/glossaries/shipping-termsGlossary of shipping terms | Website guide & support | Maersk
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Ship CGN abbreviation meaning defined here. What does CGN stand for in Ship? Get the most popular CGN abbreviation related to Ship.
- 20 Shipping Acronyms All Shippers Should Know
- IMO (International Maritime Organization)
- Eld (Electronic Logging Device) Mandate
- Solas (Safety of Life at Sea)
- VGM (Verified Gross Mass)
- P2P (Port to Port)
- D2D (Door to Door)
- FCL (Full Container Load)
- Lcl (Less Than Container Load)
- LTL (Less Than Trucking Load)
From IMO 2020 and ELD to GRI and EEI, one way or another, you’ve probably heard it all. You may be able to put them into context but… just how well do you understand these shipping acronyms? What’s the difference between HS and HTS codes? Is a 20-foot containerthe same as a TEU? And just how are SOLAS and VGM related? Be it with providers, freight ...
Under IMO 2020regulations, starting 1 Jan 2020, the sulfur content in marine fuels will be capped at 0.5%, down from the current 3.5%.
The ELD mandateis US regulation requiring drivers of commercial motor vehicles to log their hours of service electronically.
An international maritime treaty that sets basic measures for the safe construction, equipment, and operation of merchant vessels.
The total gross weight of a shipping container (including dunnage, bracing, and tare). Under SOLAS, shippers are required to declare the VGM of their shipping containers.
In port-to-port shipping, cargo is shipped from the port of origin to the port of destination. This excludes transportation services before and after loading.
In door-to-door shipping, cargo is shipped from the indicated pick-up location at origin (eg. seller’s warehouse) to the indicated drop-off location (eg. buyer’s warehouse) at destination.
A container shipment that utilizes an entire container. Merchandise shipped under FCLdoes not share container space with other merchandise.
Also known as groupage or a shared container, LCL shipments are shipped alongside other cargo in one single shipping container.
Similar to LCL but for land transportation. Various LTL cargoes are grouped and transported together to lower transportation costs.
- Incoterms – International Commercial Terms. When purchasing or selling goods, the goods need to be moved from their origin to their destination. The best way to do this is to negotiate at the point of purchase how it is going to be accomplished.
- COD – Change Of Destination. Imagine that your goods have been loaded onto a container ship and are now on their way to their destination. And for some reason, you realize you have to change the destination!
- CYCY – Container Yard to Container Yard. CYCY is short for Container Yard To Container Yard. A container yard is a port facility where containers are stored before they are loaded onto a ship or after they have been discharged from a ship.
- DM – Demurrage. Demurrage is a fee that container lines charge when you haven’t picked up your imported containers in time. When your containers have been discharged, there is a free period for storing them in the port (provided by the container line).
CANADIAN SHIPPING ACRONYMS. Learn the common Canadian shipping terms all importers and exporters should know. Importing and Exporting. Definitions of common Canadian shipping acronyms. The following list will assist you in understanding the meanings of many common shipping acronyms. Contact Livingston.
See our glossary of shipping terms for a glossary of port and shipping terms with an overall international shipping terms glossary.
Oct 8, 2023 · Choosing an incoterm means getting on the same page as your supplier – it aligns everyone on shipping procedures when multiple parties and stakeholders are involved. These globally accepted terms ensure the timely payment of goods, services, and duties, while protecting suppliers, carriers, and buyers.
Apr 15, 2020 · When transporting freight and goods, either by ocean, air, or land, there are two parties involved — one who is shipping the freight and the other who is receiving it. The sende... More is the person that supplies the commodities that are being shipped.
