Shipping Terms




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Mafi Trailer

German brand name of a roll trailer used for RoRo purposes.

Maiden Trip

First voyage of a vessel or aircraft after delivery from new-building to her owner(s).

Main Carriage

The primary stage in the movement of cargo from the point of origin to the intended final destination. EDIFACT el.8051

Main-line Operator

Abbreviation: MLO A carrier employing vessel(s) in the main or principal routes in a trade but not participating within a consortium.

Maintenance Chain

A sequence of events in a goods flow which preserves and/or restores the value of a specific good. This may include repairs.

Manifest

Document, which lists the specifications of goods, loaded in a means of transport or equipment for transportation purposes. As a rule cargo the agents in the place of loading draw up manifests.

Manufacturers Plate

A plate indicating the name and address of the container manufacturer and particulars of the container.

Manufacturing Process

The producing of goods or wares by manual labour or machinery, often on a large scale and with division of labour.

Manufacturing Resource Planning

Abbreviation: MRP-II A method for the effective planning of a manufacturing company, being a direct out-growth and extension of MRP-I.

Marine Insurance Policy

An insurance policy protecting the insured against loss or damage to his goods occurred during ocean transport.

Market Analysis

Systematic investigation of the growth and the composition of a market.

Marketing

The process of organising and directing all the company activities which relate to determining the market demand and converting the customers buying power into an effective demand for a service and bringing that service to the customer.

Marks

See Shipping Marks

Master Data

The set of data that is needed to establish sufficient reference material to support the maximum use of pre-coded, pre-agreed information enabling more efficient transaction messaging.

Master Production Schedule

Abbreviation: MPS A realistic, detailed, manufacturing plan for which all possible demands upon the manufacturing facilities (such as available personnel, working hours, (management) policy and goals) have been considered and are visualised. The MPS is a statement of what the company expects to produce and purchase expressed in selected items, specific quantities and dates.

Mate's Receipt

A document signed by the chief officer of a vessel acknowledging the receipt of a certain consignment on board of that vessel. On this document, remarks can be made as to the order and condition of the consignment.

Material Requirements Planning

Abbreviation: MRP-I An inventory and purchasing planning system that integrates product components, lead times and deadlines.

Materials Handling

The activities of loading, unloading, placing and manipulating material and of in-process movement.

Materials Management

The planning and control of the activities related to the materials flow from the suppliers up to the end of the conversion/production process.

MCP

MONO-DI CALCIUM PHOSPHATE Animal Feed

Means of Transport

Type of vehicle used for the transport of goods (e.g. aircraft, barge, truck, vessel or train).

Measurement Ton

A ton of one cubic metre water.

Mechanics Lien

The legal enforceable claim, which a person who has performed work or provided materials is, permitted to make against title to the property or as a preferential person in the event the estate or business is liquidated.

Medical First Aid Guide

Abbreviation: MFAG Instructions to be consulted in case of accidents involving dangerous goods.

Memo Bill

See Service Bill of Lading

Merchant

For cargo carried under the terms and conditions of the Carrier's Bill of Lading and of a tariff, it means any trader or persons (e.g. Shipper, Consignee) and including anyone acting on their behalf, owning or entitled to possession of the goods.

Merchant Haulage

Inland transport of cargo in containers arranged by the Merchant. It includes empty container-moves to and from hand-over points in respect of containers released by the Carrier to Merchants.

Meta-centric Height

The distance between the centre of gravity of a vessel and a fictitious point. If the metra- centric height is zero or negative, the vessel will heel or capsize.

Minimum Charge

The lowest amount which applies to the transport of a consignment, irrespective of weight or volume.

Minimum Inventory

The planned minimum allowable inventory for an independent demand item.

Minor Unit

Unit of recorded value (i.e. as recorded by banks) which is a division of the respective unit of currency. Examples are the cent being a one hundredth part of the US Dollar. Note: Some countries have minor units that are used in low-value coinage within a country or locality, but which are not used by the international banking system in making formal records of value. Examples: Belgium, Greece and Spain.

Mixed Consignment

A consignment of different commodities, articles or goods, packed or tied together or contained in separate packages.

Mode of Transport

Method of transport used for the conveyance of goods, (e.g. by rail, by road, by sea).

Model

A representation of a process or system that attempts to relate the most important variables in the system in such a way that analysis of the model leads to insights into the system.

Module

A separate and distinct unit of hardware or software that may be used as a component in a system.

Movement

The act or process of changing the position of an object and or people.

Movement Inventory

The inventory during a production process caused by the time required to move goods from one place to another.

Multi Purpose Carrier

See Multi Purpose Vessel

Multi Purpose Vessel

Vessel designed for the carriage of different types of cargo: general, bulk, heavy and/or containerised cargo.

Multimodal Transport

The carriage of goods (containers) by at least two different modes of transport.

Multimodal Transport Document

See Combined Transport Document

Multimodal Transport Operator/Carrier

Abbreviation: MTO/Carrier The person on whose behalf the transport document or any document evidencing a contract of multimodal carriage of goods is issued and who is responsible for the carriage of goods pursuant to the contract of carriage.

Multiple Sourcing

Selecting of and working with more than two equivalent suppliers for a certain product.

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.