Deprecated: mysql_pconnect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/mfn/public_html/admin/Connections/database.php on line 12

Deprecated: mysql_pconnect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/mfn/public_html/admin/Connections/database.php on line 18

Deprecated: mysql_pconnect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/mfn/public_html/admin/Connections/database.php on line 24

Deprecated: mysql_pconnect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/mfn/public_html/admin/Connections/database.php on line 30

Deprecated: mysql_pconnect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/mfn/public_html/admin/Connections/database.php on line 36

Shipping Terms




o

Object

A tangible of abstract thing of relevance to business.

Object Oriented Approach

The development of classes of business objects may support and have an impact on the developments in the area of simplification of EDI and its standards. A business object is a true representation of a tangible concept stemming from real business usage.

Obsolete Stock

The products or materials that cannot be or is unlikely to be used in future processes and which is to be sold or disposed of through the usual outlets.

Offshore

Contracting work carried out at sea (e.g. drilling for oil).

Oil Bulk Ore Vessel

Abbreviation: OBO-Vessel A vessel designed for the carriage of either dry or liquid bulk cargo.

On-line Charge

The charge which applies to carriage over the lines of a single carrier.

On-line Rate

See On-line Charge

Oncarriage

The carriage of goods (containers) by any mode of transport to the place of delivery after discharge from the ocean vessel (main means of transport) at the port (place) of discharge.

One Stop Shop

An organisation, which provides all needed requirements in one location.

One Way Pallet

Note: The addition 'One Way' has nothing to do with the number of pallet sides in which the forks of e.g. a fork lift can enter, as opposed to the two and four way pallets.

Open Sided Container

P&O Nedlloyd container with frames with wire-mesh at the sides covered by means of a tarpaulin, which can be dropped down to, give unrestricted access to the sides of the container for loading or discharging.

Open Top Container

A freight container similar in all respects to a general purpose container except that it has no rigid roof but may have a flexible and movable or removable cover, for example one made of canvas or plastic or reinforced plastic material normally supported on movable or removable roof bows.

Operating Efficiency

A ratio of the actual output of a piece of equipment, department, or plant as compared to the planned or standard output.

Operations Research

The development and application of quantitative techniques to the solution of problems. More specifically, theory and methodology in mathematics, statistics, and computing are adapted and applied to the identification, formulation, solution, validation, implementation, and control of decision making problems.

Operator

The party responsible for the day to day operational management of certain premises such as ware-houses, terminals and vessels.

Optimal Trim

The best calculated TRIM related to speed engine capacity, fuel consumption for a specific sailing condition.

Optimization

Achieving the best possible solution to a problem in terms of a specified objective function.

Option

One of a limited range of choices or features that is offered to a customer when purchasing an otherwise basic standard product and that has to be an integral part of the product (used in commercial trading).

Optional Cargo

Cargo of which the final destination is not known at the moment of booking but will be indicated during the transport.

Optional Port

A port of which it is not known whether or not a vessel during a voyage will make a call.

Order

A request to deliver specified quantities of goods or to render specific services.

Order Line

Each line on a customer's purchase order. An order line always contains one Stock Keeping Unit (SKU) only, but the number may vary.

Organisation

An identifiable social unit with a particular responsibility which endeavour to achieve multiple goals by co-ordinated activities and relationships between members and objects.

Out of Gauge Cargo

Cargo which dimensions are exceeding the normal dimensions of a 20 or 40 feet container, e.g. overlength, overwidth, overheight, or combinations thereof.

Outsider

A carrier, which operates on a route served by a liner conference but which is not a member of that conference.

Outsourcing

Subcontracting of activities.

Outturn Report

Written statement by a stevedoring company in which the condition of cargo discharged from a vessel is noted along with any discrepancies in the quantity compared with the vessel's manifest.

Outward Handling

The operations to be performed on outgoing goods from a production unit, both administrative and physical, starting at the moment forwarding orders can be executed to the moment of actual departure of the goods.

Over Pivot Rate

The rate per kilogram to be charged for the over pivot weight (air cargo).

Over Pivot Weight

The weight in excess of the pivot weight (air cargo).

Overcarrier

A carrier within a consortium who carries cargo beyond the allotment distributed to him.

Overheight Cargo

Cargo, exceeding the standard height.

Overlength Cargo

Cargo, exceeding the standard length.

Overpack

A unit used by a single shipper to contain one or more packages and to form one handling unit for convenience of handling and stowage. Dangerous goods packages contained in the overpack must be properly packed, marked, labelled and in proper condition as required by the Regulations regarding dangerous goods (air cargo).

Overtime

Work beyond normal established working hours which usually requires a premium to be paid to the employees concerned.

Overwidth Cargo

Cargo, exceeding the standard width.

Owner

The legal owner of cargo, equipment or means of transport.

Owner's Container Code

See Container Prefix

NEWS
swiss opens cancun office swiss worldcargo has opened a station in cancun for exports, meaning all flights between zurich and cancun can now carry freight on both their inbound and outbound journeys. cargolux renews cargo iq for three years cargolux airlines international has renewed its cargo iq certification for the next three years. the cargo iq audit ensures that the company complies with cargo iq standards and contributes to the seamless transportation of air cargo in the supply chain. qatar bolsters south american freighter network qatar airways cargo has announced a major expansion of services in south america, with scheduled services to campinas, brazil (vcp), santiago, chile (scl), lima, peru (lim) and bogotá, colombia (bog) set to join the freighter network on 16 january 2020 and will be serviced by a boeing 777 freighter. ships stuck waiting for fuel at asia hub on rule-shift snarl ship owners are waiting longer and paying more to refuel at the asian hub of singapore as the industry scrambles to prepare for the implementation of new ship-fuel rules in just a few weeks. abu dhabi to be the centre of air cargo excellence abu dhabi airports and etihad cargo will enhance abu dhabi international airport, making it a state-of-the-art global air cargo centre of excellence. court rules in favour of atlas air and against union atlas air worldwide holdings has succeeded in its legal dispute with the pilot union, ordering them to negotiate a new deal. teleport signs interline deal with lufthansa cargo airasia’s cargo and logistics platform teleport has signed a direct interline agreement with lufthansa cargo. dubai air show: delivery bot impresses at cargo connect the effect of automation, artificial intelligence and digitalisation were the key topics at the cargo connect conference at dubai airshow 2019. china airlines cargo adds mumbai to network china airlines cargo added mumbai to its network on saturday 16 november, with two services a week. cargo.one bags etihad cargo in landmark deal etihad cargo has partnered with cargo.one to augment its digitalisation strategy in a landmark distribution agreement. maersk trials containerised battery maersk is set to trial a containerized 600 kwh marine battery system in december as it looks to improve vessel performance and reliability while reducing co2 emissions. apm gothenburg targets rail doubling apm terminals gothenburg plans to double the volume of containers transported by rail to and from gothenburg by 2022. japan joins virgin australia's cargo network virgin australia will add japan to its international cargo network in march with the launch of daily services between brisbane and tokyo-haneda. issa baluch inducted into tiaca hall of fame issa baluch has been inducted into the tiaca hall of fame, in recognition for his work across the air cargo industry. etihad launches "state of the art" cargo control centre etihad cargo has taken its data-driven digitalization journey another step forward with the launch of its state-of-the-art cargo control centre (ccc) at its head office in abu dhabi. schweizerzug ramps up euro network after successfully extending services in the first half of 2019 with additional connections between switzerland and belgium, schweizerzug ag is now increasing the frequency between frenkendorf and neuss and at the same time boosts niederglatt’s links to antwerp and rotterdam. egyptair cargo to use descartes vmail egyptair cargo will use descartes velocity mail (vmail) to streamline transporting air mail across its international network. aa cargo launches first phase of new end-to-end management system american airlines cargo recently launched the first phase of its single largest investment to-date with the roll out of a new cargo end-to-end management system on october 1st. wfs moves to sustainable plastics worldwide flight services (wfs) has claimed to be the first major air cargo industry company to begin converting the majority of plastic products used in its cargo handling operations over to the bionatur™ plastics line of sustainable products manufactured by m&g packaging. southern air appoints hactl for ramps hong kong air cargo terminals (hactl) has won the contract to provide ramp handling for kentucky (usa)-based freighter operator southern air inc.