Page 7 - Glossary of Shipping Terms

SHIPPING TERMS

TERM DESCRIPTION
Destination
Detention The place where carrier actually turns over cargo to consignee or his agent.
Devanning
DFA Charges raised for detaining container/trailer at customer’s premises for longer period than provided
in Tariff.
Distribution
The removal of cargo from a container. Also known as unstuffing, unloading or stripping.
Diversion
Divert Duty Free Allowance
Dock
Documentary Credit The process of storing, transporting goods between the end of the production line and the final
Documents of Title customer. It involves set of activities which demands the goods are delivered in desired quality, quantity,
Door-to-Door place & time.

DPU (Incoterm®) A change made in the route of a shipment in transit. Also see Reconsignment.

Drawback The route of a shipment changed in transit from that shown on the original billing. Used interchangeably
Dry Cargo with reconsign.
Dry-Bulk Container (a) The water alongside a pier or wharf. (b) Loading or unloading platform at an industrial location or
carrier terminal.
Dumping The basis of international trade by means of which payment is made against surrender of specified
documents.
Dunnage (Dge.)
Duty Free Zone Documents that give their owner the right to the goods, i.e. Bill of Lading.
Emissions
ETA Through transportation of a container and its contents from consignor's premises to consignee's
ETD premises.
Expiry Date “Delivered at Place Unloaded” means that the seller delivers the goods & transfers risk to the buyer
Export Declaration when the goods, once unloaded from the arriving means of transport, are placed at the disposal of
Express B/L the buyer at a named place of destination or at the agreed point within that place, if any such point is
agreed. The seller bears all risks involved in bringing the goods to & unloading them at the named place
EXW (Incoterm®) of destination. In this Incoterms® rule, therefore, the delivery & arrival at destination are the same. DPU
is the only Incoterms® rule that requires the seller to unload the goods at destination.
F.A.K. The repayment of customs duties paid on merchandise that later is exported either "as is" or as part of
F.C.L. a finished product

Cargo that does not require temperature control.

A container constructed to carry grain, powder and other free flowing solids in bulk.

When goods are exported at a price less than their normal value, generally meaning they are exported
for less than they are sold in the domestic market or third-country markets, or at less than production
cost.

Lumber or other material used to brace material in carrier's equipment.

See Free Trade Zone

The combustion of fossil fuels by merchant vessels releases carbon dioxide (CO2), a major greenhouse
gas contributing to global warming and climate change.

Estimated time of arrival.

Estimated time of departure.

The final date on which the draft and documents must be presented to the negotiating, accepting,
paying or issuing bank to effect payment.

A government document permitting designated goods to be shipped out of the country.

A special facility granted by carrier under guarantees from shipper/consignee to release cargo to named
consignee without presenting original B/L. Also called "Sea Waybill"

One of 11 Incoterms®, can be used for any mode of transport. "“Ex Works” means that the seller delivers
when it places the goods at the disposal of the buyer at the seller’s premises or at another named place
(i.e., works, factory, warehouse etc). The seller does not need to load the goods on any collecting
vehicle, nor does the seller clear the goods for export, where such clearance is applicable.

Freight All Kind. System whereby freight is charged per container, irrespective of nature of goods, and
not according to a Tariff. (Please also refer to All Commodity Rate)
Full Container Load. Arrangement whereby shipper utilizes all the space in a container which he packs
himself.

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