Shipping Terms




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Fabrication

A term used to distinguish manufacturing operations for components as opposed to assembly operations.

Facilitation

The implementation of measures leading to the simplification, standardisation and harmonisation of the formalities, procedures, documents and operations inherent to international trade transactions.

Factory Delivery

The delivery of goods by a factory whereby the goods are put at the disposal of another (internal) party such as a commercial department.

Fairway

A navigable channel for vessels, often the regular or prescribed track a vessel will follow in order to avoid dangerous circumstances.

FAL

Facilitation Committee of the IMO.

Fashion Transport

Transport of clothing and/or garments including shoes, belts and handbags in dedicated means of transport.

Feed Back

The flow of information back into the control system so that actual performance can be compared with planned performance.

Feeder

A vessel normally used for local or coastal transport (for carriage of cargo and/or containers) to and from ports not scheduled to be called by the main (ocean) vessel, directly connecting these ports to the main (ocean) vessel.

Fender

An appliance made of rubber, timber and/or rope or other materials normally attached to a dock or quay used to prevent damage to the hull of a vessel especially during mooring and un-mooring operations.

Ferry

Ship carrying passengers and or vehicles engaged in regular short voyages, e.g. across a river or narrow body of water, between two or more places or ports.

Fifth Wheel

Circular or wheel-shaped bearing mechanism, secured on the rear of the chassis of a truck- tractor that engages the semi-trailer king pin with a spring lock device and supports the weight of the front end of the semi-trailer.

First Carrier

The carrier who actually performs the first part of the air transport (air cargo).

First In First Out

Abbreviation: FIFO
The method whereby the goods which have been longest in stock (first in) are used, delivered (sold) and/or consumed first (first out).

Five Freedoms

A collective term which depicts the five areas of 'rights' for the air-transportation of passengers or cargo, viz. (expressed in terms of an airline of country A): Freedom 1 the right to overfly a foreign country.
Freedom 2 the right to make a non-traffic stop at a foreign country C en route to foreign country B.
Freedom 3 the right to set down (off loading) passengers or cargo in a foreign country B from home country A.
Freedom 4 the right to pick up (loading) passengers/ cargo from a foreign country B to country A.
Freedom 5 the right to carry passengers or cargo between two foreign countries.

Fixed Crane

A crane of which the principal structure is mounted on permanent or semi-permanent foundations.

Fixed Height Load-carrying Truck

Truck carrying its load on a non-elevating platform.

Fixed Platform Truck

See Fixed Height Load-carrying Truck

Flag

An indication of the country in which a means of transport is registered through a reference to the ensign of this country.

Flammable

Capable to be set on fire under given circumstances. (Amendment 25 IMO DGS).

Flash Point

The lowest temperature at which a good produces enough vapour to form a flammable mixture with air.

Flat

See Flat Rack

Flat Bed Trailer

A wheeled trailer or a semi-trailer with a flat cargo carrying surface or deck and without any superstructure.

Flat Pack

Garments packed in cardboard boxes.

Flat Rack Container

A container with two end walls and open sides.

Fleet

Any group of means of transport acting together or under one control.

Flexibility

The extent to which and the rate at which adjustments to changed circumstances are possible.

Flight Number

A combination of two letters, indicating the airline, and three or four digits indicating the number of the voyage.

Floating

Freely suspending in water of an object.

Floating Crane

A crane mounted on a barge or pontoon, which can be towed or is self-propelled.

Floating Dock

A floating structure which can be partially submerged to enable vessels to enter and to leave and which can be raised for use as a dry dock.

Floating Stock

See Pipeline Inventory

Flotsam

Goods lost by shipwreck, found floating in the sea.

Flow Chart

A diagram, using symbols and depicting the sequence of events that should take place in a complex set of tasks.

Flow Control

A term often used to describe a specific production control system.

Flow Line

The direction of flow in which e.g. pallets have been positioned and stowed.

Flow of materials

The flow of materials and components which goes to and through the factory for the production process.

FMC

Federal Maritime Commission (Control of Shipping acts USA)

Fo'c's'le

See Forecastle

Force Majeure

Circumstance which is beyond the control of one of the parties to a contract and which may, according to the terms and conditions, relieve that party of liability for failing to execute the contract.

Fore and Aft Stowage

Stowage from the bow to the stern (lengthwise), as opposed to stowage athwartships.

Forecast

An estimation or calculation in advance; a prediction. The amount of cargo expected to be booked for a certain sailing of a vessel. The number of containers expected to be used in a certain area, for steering purposes.

Forecastle

Abbreviation: Fo'c's'le Forward part of a vessel where stores, ropes and anchor chains are located.

Fork Lift Pockets

See Fork Pockets

Fork Lift Truck

A three or four wheeled mechanical truck with forks at the front designed for lifting, carrying and stowing cargo.

Fork Pockets

Openings or recesses in a side of a container for the entry of the forks of a fork lift truck.

Formal Performance Evaluation

Evaluation of carrierżs performance as per agreed contract.

Forms EDI

A screen presenting to a user the contents of an EDI message in a manner that is easy to use and interpret. The form may reside on a web site or the computer of the party viewing or completing the form. The form may be based on the UN Layout key (UNLK).

Formula of Camp

A mathematical formula on behalf of inventory management for calculating the optimum order quantity.

Forty Foot Equivalent Unit

Abbreviation: FEU Unit of measurement equivalent to one forty foot P&O Nedlloyd container.

Forward

At, near or towards the bow or front of a vessel or an aircraft.

Forwarder

The party arranging the carriage of goods including connected services and/or associated formalities on behalf of a shipper or consignee.

Forwarding Charge

Charges paid or to be paid for preliminary surface or air transport to the airport of departure by a forwarder, but not by a carrier under an Air Waybill (air cargo).

Forwarding Instruction

Document issued to a freight forwarder, giving instructions to the forwarder for the forwarding of goods described therein.

Four Way Pallet

A pallet of which the frame permits the entry of forks of e.g. a fork lift truck at all four sides.

Fragile

Easily breakable. Term denoting that goods should be handled with care.

Franc Poincar

Unit of value in which the limitation of the carrier's liability is sometimes expressed. One franc poincarżonsists of 65.5 milligram of gold with a fineness of nine hundred thousands.

Franchise

Amount which in case of damage will have to be borne by the assured.

Fraud

Avoidance of payment of taxes and duties in full or in part or the claiming and obtaining of fictitious export refund claims. (Customs)

Free Alongside Ship (...named port of shipment)

Abbreviation: FAS
See Inco Terms

Free Carrier (...named place)

Abbreviation: FCA
See Inco Terms

Free House Unclear

Delivered at a certain destination without payment of certain duties or incurred costs.

Free In and Out

Abbreviation: FIO
Transport condition denoting that the freight rate excludes the costs of loading and discharging and, if appropriate, stowage and lashing.

Free In Liner Out

Abbreviation: FILO Transport condition denoting that the freight rate is inclusive of the sea carriage and the cost of discharging, the latter as per the custom of the port. It excludes the cost of loading and, if appropriate, stowage and lashing.

Free Lift

The maximum elevation of the forks of a fork lift truck.

Free On Board (...named port of shipment)

Abbreviation: FOB
See Inco Terms

Free Port

An international port or an area within an international port at which, crew, passengers, baggage, cargo, mail and stores may be disembarked or unloaded, may remain and may be transhipped, without being subjected to any customs charges or duties. (Examination is possible for instance to meet security or narcotics control requirements.) Source: IMO.

Free Pratique

Permission granted by local medical authorities, denoting that the vessel has a clean Bill of Health so that people may embark and disembark.

Free Trade Zone

Abbreviation: FTZ
A part of the territory of a state where any goods introduced are generally regarded, in so far as import duties and taxes are concerned, as being exempted (Kyoto Convention).

Freeboard

Distance measured vertically from the freeboard deck accepted and indicated by the class bureau to the waterline under specified conditions.

Freeboard of a Vessel

Vertical distance from the main deck to the surface of the water measured at the middle of the vessel's length.

Freight

The amount of money due for the carriage of goods and payable either in advance or upon delivery.

Freight All Kinds

Abbreviation: FAK
Single freight which is charged irrespective of the commodity.

Freight Collect

Freight and charges to be paid by the consignee.

Freight Container

See Container

Freight Costs

Costs incurred by the merchant in moving goods, by whatever means, from one place to another under the terms of the contract of carriage. In addition to transport costs this may include such elements as packing, documentation, loading, unloading and transport insurance.

Freight Forwarder

See Forwarder

Freight Invoice

An itemised list of goods shipped and services rendered stating fees and charges.

Freight Manifest

A (cargo) manifest including all freight particulars.

Freight Payer

The party which, by virtue of an agreement is responsible for the payment of freight charges to the carrier.

Freight Prepaid

Freight and charges to be paid by the consignor.

Freight Ton

A unit for freighting cargo according to weight and/or cubic measurement.

Freighter

A vessel or an aircraft used for the carriage of cargo.

FTL

Full Truck Load, an indication for a truck transporting cargo directly from supplier to receiver.

Full Container Load

Abbreviation: FCL
A container stuffed or stripped under risk and for account of the shipper and/or the consignee. A general reference for identifying container loads of cargo loaded and/or discharged at merchants' premises.

Full Trailer

A truck trailer constructed in such way that its own weight and that of the cargo rest upon its own wheels, instead of being supported by e.g. a tractor.

Fully Cellular Containership

Abbreviation: FCC
A vessel specially designed to carry containers, with cell-guides under deck and necessary fittings and equipment on deck.

Fumigation

To expose certain spaces to the action of fumes in order to disinfect or kill vermin. For containers done in line with national legislation.

NEWS
air cargo china cancelled the global covid-19 pandemic is growing in scale and is exceeding all ex-pectations. in consultation with partners and associations of the air freight industry messe münchen feels compelled to cancel air cargo china, which was scheduled for june 16–18 in shanghai. lufthansa hopes to keep cargo flying lufthansa cargo is making every effort to maintain the flight operations of its cargo aircraft in the current corona crisis. turkish cargo puts cargo in the passenger cabin turkish cargo will utilise their network and fly their turkish airlines passenger aircraft for airfreight as repercussions from the coronavirus outbreak and travel bans send global supply chains into disarray. latam cargo mitigates supply chain difficulties through freighters latam cargo has sought to mitigate the current difficulties through its 11 b767-300 freighter aircraft, which make latam cargo group the cargo airline with the most freighters operating in latin america. swiss worldcargo to commence freight-only flights swiss worldcargo has announced that this week will see the commencement of cargo-only flights on some aircraft. heathrow calls on supply chain to maximise capacity heathrow will be stepping up its cargo capabilities as it calls on more airlines and freight companies to maximise the use of the hub airport’s quieter schedule so that the aviation industry can play its part in the economic and social fight against covid-19. turkish cargo connects linz with direct freighter service turkish cargo is continuing to increase its network announcing new direct freighter flights to linz (austria). caribbean airlines cargo suspends two freighter services caribbean airlines has temporarily suspended its tuesday and thursday freighter flights etihad announces new freighter schedule etihad cargo has announced its freighter schedule for the iata summer season, boosting capacity to its top freighter gateways. atlas air’s flynn on track for a new career former atlas air president and ceo william j flynn has been appointed as us passenger train operator amtrak’s next chief executive officer and president. swiss worldcargo extends china suspensions in light of the current coronavirus situation, swiss and swiss worldcargo have made further adjustments on flights between zurich and beijing, shanghai and hong kong. fraport announces cost-reduction measures in response to coronavirus frankfurt airport operator fraport has announced new cost-reduction measures in response to the impact of the coronavirus. silkway keeps flying the current corona epidemic is having a significant impact on the air cargo industry. the aviation industry has taken the hit of coronavirus “airlines, aviation financing and plane makers – inherently vulnerable to the economic side-effects of a potential pandemic – faced challenges as the year began, ensuring they are now at growing risk of severe coronavirus-related disruption,” says scope, specialist financial analysts. covid-19: the disruption continues for supply chains richard wilding obe, professor of supply chain strategy at the uk’s cranfield university, comments on the latest challenges covid-19 presents the supply chain. he points out that consumer demand for face masks is impacting on wider industry needs. cargolux and atlas air predict a subdued airfreight market in 2020 the cargo freight market is likely to remain weak this year, industry leaders believe, as it remains hampered by overcapacity and weak growth in several regions around the world. finnair cancels mainland china flights until the end of winter finnair will cancel its flights to beijing capital airport and to shanghai during march 1-28, 2020 (until the end of the winter season), as the coronavirus situation has led to a temporary decline in air travel between china and europe. airbridgecargo offers charter flights to meet coronavirus-related demand the volga-dnepr group has been operating as many as five “sterilised” charter flights into china each day to cater for coronavirus related demand. valentines boost for latam cargo more than 210 latam cargo boeing 767-300 freighters took off from colombia and ecuador, carrying 12,600 tons of flowers for the 2020 valentine’s day season maersk line partnering with portrix maersk line is partnering with portrix logistic software gmbh (pls) to integrate spot pricing into pls’ market leading global price management (gpm) software solution.