AGENCY: The agency that operates in any port on behalf of the shipowner and acts as its representative.
NVOCC: “Non Vessel Operating Common Carrier”.
CO-LOADER: Carries out transportation by consolidating the loads of other forwarders with its own load.
FORWARDER: The organizer company that carries out the operation of road, airline, seaway, railway transportation, customs and insurance services, and has an active agency network.
BILL OF LADING (B / L): Seaway bill of lading. a.Master B / L (Main bill of lading) b.House B / L (Mid waybill)
CHARTER TRANSPORTATION: It is the transportation made by renting the ship completely or partially (part cargo).
CHARTER PARTY: It is the name given to the contract between the carrier and the shipowner.
BULK LOADING: Bulk loading in conventional freight transport.
BROKER: Broker, intermediary between shipowner and loader.
RO-RO TRANSPORTATION: Transportation by vehicle, trailer or ships carrying containers.
Loading and Unloading Terms
FREE IN (FI): Shipping cost at the port.
FREE OUT (FO): Discharge cost at the port.
LINER IN (LI): The cost of loading belongs to the shipowner.
LINER OUT (LO): The cost of unloading belongs to the shipowner.
STUFFING: Stowing, loading the cargo into the container.
UNSTUFFING: Emptying the container.
STEVEDORING: Loading and unloading service of the ship.
STORAGE: Port storage / storage.
DEMURAJ: If the ship exceeds the loading and unloading time given to it or if the cargo waiting in the container is not cleared from the customs before the given time.
FREE TIME: Free time. The amount of time that the load can wait before entering the discharge. Demurrage is applied in timeout.
THC (Terminal Handling Fee):Handling fee at the port.
TEMPORARY ADMISSION: Due to customs regulations in Turkey are obliged container goods subject to customs status. For this reason, the cost of customs clearance that occurs when a container is removed from the customs area at the port or brought back to the port.
Terms Related to Freight
CAF: (Currency Adjustment Factor) Including fluctuations in the US dollar in the freight.
BAF: (Bunker Adjustment Factor) Including fluctuations in fuel oil prices in overseas in certain transports.
Priming: Usually surcharge imposed to reduce the risk of shipowners used in export freight from Turkey.
WAR RISK SURCHARGE (WRS): Additional fee charged in addition to the freight for voyages to ports with war risk.
HIGH CUBE SURCHARGE: Additional charge for High Cube container.
IMCO CHARGE: Additional fee demanded by the ship owner in dangerous goods transportation.
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