Freight Forwarding Terminology

Time charter

Revenue per day

The extreme section at the aft end of a ship's propeller shaft.

Removal of all traces of a cargo from the tanks of a tanker normally by means of high pressure water jets.

A river barge designed for the carriage of liquid bulk cargoes.

A tanker is a bulk carrier designed to transport liquid cargo, most often petroleum products. Oil tankers vary in size from small coastal vessels of 1,500 tons deadweight, through medium-sized ship of 60,000 tons, to the giant VLCCs (very large crude carriers).

To be named/to be nominated

That portion of the sea up to a limited instance which is immediately adjacent to the shores of any country and over which the sovereignty and exclusive jurisdiction of that country extend.

Twenty Foot Equivalent Unit - shipping containers. 1 x 20' container = 1 TEU, 1 x 40' container = 2 TEU, 2 x 40' containers = 4 TEU, etc.

USA - Transportation Institute, a non-profit organization devoted to maritime research and education.

Time after which legal claims will not be entertained

A form of charter party wherein owner lets or leases his vessel and crew to the charterer for a stipulated period of time. The charterer pays for the bunkers and port charges in addition to the charter hire.

Australia: Cargo which has been discharge from a ship but not claimed by the consignee within 30 days must be removed to a General Bonded Warehouse.

Weight Tonne. 1 tonne = 1000 kg; 1 ton - 2240 lbs; 1 short ton = 2000 lbs (USA)

A measurement used in the economics of transportation to designate one ton being moved one mile. This is useful to the shipper because it includes the distance to move a commodity in the calculation.

Deadweight, gross, net, displacement.

To fill a ship which is already partly loaded with cargo.

When one or more vessels are being towed; when a tug is towing one or more floating objects; to pull an object in the water by means of a rope.

Charges for the services of tugs assisting a ship or other vessels in ports or other locations; the act of towing a ship or other objects from one place to another.

Maritime area usually specified by range of ports in which a vessel may operate.

Vessels operating without a fixed itinerary or schedule or charter contract.

The relationship between a ship's draughts forward and aft.

Transportation Security Administration is an agency established immediately after September 11, 2001 incidents to safeguard United States transportation systems and insure safe air travel.

A small vessel designed to tow or push large ships or barges. Tugs have powerful diesel engines and are essential to docks and ports to maneuver large ships into their berths. Pusher tugs are also used to push enormous trains of barges, e.g.: on the rivers and inland waterways of the USA. Oceangoing salvage tugs provide assistance to ships in distress and engage in such work as towing drilling rigs and oil production platforms.

Recesses in the sides of containers or other goods for the entry of the forks of fork lift trucks. See also FORK POCKETS.