Shipping Terms




n

Navigation

The act of determining position, location and course to the destination of an aircraft or a vessel.

Negligence

Imprudent action or omission which may cause injury, damage or loss.

Negotiable

In terms of documents, 'negotiable' means that e.g. a Bill of Lading is handed over/transferred in the right manner (viz. proper endorsement) to another person either endorsed in blank or endorsed to a person and that person acquires, by this transfer certain rights vis-żis the goods e.g. is entitled to take possession of the goods.

Net Manifest

A manifest containing all freight details including negotiated disbursements.

Net Weight

The weight of the goods, excluding all packing.

Network Planning System

A technique for making a time schedule for the implementation of a project.

New Computerised Transit System

Abbreviation: NCTS A concept for custom authorities to manage European Community and common transit, based on the use of computer systems and EDI techniques.

Non Vessel Operating Common Carrier

Abbreviation: NVOCC A party who undertakes to carry goods and issues in his own name a Bill of Lading for such carriage, without having the availability of any own means of transport.

Normal Charge

The specified general cargo rate without any quantity discount (air cargo).

Normal General Cargo Rate

The under 45 kgs rate or, if no under 45 kgs rate exists, the under 100 kgs rate (air cargo).

Normal Rate

See Normal General Cargo Rate

Notice of Readiness

Written document or telex issued by the master of a vessel to the chartererżs advising them the moment when a vessel is ready to load or discharge. Document advising a consignee or his agent that cargo has arrived and is ready for delivery.

Notify Address

Address of the party other than the consignee to be advised of the arrival of the goods.

Notify Party

The party to be notified of arrival of goods.

NEWS
dhl partners longhorn in vaccine delivery : dhl global forwarding, the air and ocean freight specialist of deutsche post dhl group, has partnered with longhorn vaccines & diagnostics to deliver much-needed covid-19 testing vials to the international organization for migration (iom) in kenya, nepal and the philippines. qatar airways appoints ecs group : as of february 21, ecs group, the leading gssa, with its established presence in the region and strong partnership with the airline in over 20 countries, is supervising the management of cargo capacity via its subsidiary globe air cargo. qatar airways appoints ecs group : as of february 21, ecs group, the leading gssa, with its established presence in the region and strong partnership with the airline in over 20 countries, is supervising the management of cargo capacity via its subsidiary globe air cargo. shell bitumen reappoints dhl : dhl supply chain has been reappointed by shell bitumen in a new five-year contract starting on 1 march 2021. shell bitumen reappoints dhl : dhl supply chain has been reappointed by shell bitumen in a new five-year contract starting on 1 march 2021. maersk sails through 2020 despite disruption : 2020 has been another year of solid progress for a.p. moller - maersk, both in terms of financial performance and in transforming the company. despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record q4 results in logistics and terminals, while ocean delivered an exceptional quarter driven by the increased volumes and current, temporary supply chain disruptions. port of rotterdam investigates green hydrogen : uniper and the port of rotterdam authority are investigating the possibilities of large-scale production of green hydrogen at the maasvlakte area in rotterdam. the parties have the ambition to realise a hydrogen plant on the site of uniper by 2025 with a capacity of 100mw and to expand this capacity to 500mw. the feasibility study will be completed this summer. dsv launches dsv customs classification : dsv launches a new customs classification service for international businesses called dsv customs classification. with the new service, dsv offers to perform customs classification on behalf of businesses, ensuring compliance with regulations and easing customers’ administrative hassle. qatar airways cargo to recommence middle east sales : effective 21 february 2021, qatar airways cargo will recommence cargo sales and bookings in the kingdom of saudi arabia, the united arab emirates and the arab republic of egypt with the appointment of general sales agents in these countries. unilode aviation solutions signs long-term agreement with la couverture : unilode aviation solutions, the market leader in outsourced unit load device (uld) management and repair services, and mdg group, a supplier of cold chain products and services for the food and pharmaceutical sectors, sign a long-term agreement for the repair of la couverture, a unique product developed and manufactured by mdg for the protection of temperature-sensitive products in the aviation supply chain. xpo logistics once again named a world's most admired company : xpo logistics, inc., a leading global provider of transportation and logistics solutions, has been named a world’s most admired company for 2021 by fortune magazine. xpo has been recognized by fortune as a world’s most admired company every year since 2018. turkish cargo prepares for 'cargo talks' industry discussion : turkish cargo is organizing a webinar titled “cargo talks” during which the valuable stakeholders of the air cargo industry, who finger on the pulse of the industry, will exchange opinions, and the important agenda items such as digitalization, vaccine transport, and the future of the industry will be discussed. the port of los angeles launches truck efficiency incentive : the port of los angeles is launching a new incentive program to move trucks faster and more efficiently through its terminals. ceva logistics expands south east asian reach : ceva logistics has further expanded its reach in south east asia with the opening of a new warehouse located in bien hoa city, dong nai province in vietnam. strategically located to the north east of ho chi minh city, this new facility has a range of convenient connections to the eastern economic zone as well as the city. ceva logistics expands south east asian reach ceva logistics has further expanded its reach in south east asia with the opening of a new warehouse located in bien hoa city, dong nai province in vietnam. strategically located to the north east of ho chi minh city, this new facility has a range of convenient connections to the eastern economic zone as well as the city. abu dhabi ports signs integrated maritime logistics agreement : safeen, abu dhabi ports’ maritime arm, has recently signed a historic agreement with allianz marine & logistics services (amls), to launch a new international provider of integrated maritime logistic services. qatar airways cargo announces re-wilding programme : qatar airways cargo announces chapter 2 of its sustainability programme weqare: rewild the planet. kuehne+nagel joins team malizia's sustainability and marine protection efforts : committed to marine protection and sustainable shipping, cma cgm, hapag-lloyd, msc and kuehne+nagel support the yacht racing team malizia under the motto: "a race we must win". with a strong environmental message, the partners are working for a sustainable future and contributing to ocean health by reducing worldwide co2 emissions while focusing on the main pillars: co2 reduction and transparency, science and education. port of dunkirk to rosslare increases capacity : as of wednesday 27 january, the "mv drotten", sistership of the "mv visby", will now call at the dfds seaways ro-ro terminal on the dunkerque-rosslare service (ireland). port of rotterdam sails through a rocky year : 2020 was quite a special year for the harbour master’s division of the port of rotterdam authority. covid-19 was a dominant factor in the port as well. additional corona containment measures led to an increase in work pressure.