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Shipping Glossary

Shipping Glossary

CADAM

Computer-graphics augmented design and manufacturing

CAF

CURRENCY ADJUST. FACTOR

CAF (Currency Adjustment Factor)

A charge, expressed as a percentage of a base rate, that is applied to compensate ocean carriers of currency fluctuations

CAL

Container Announcement List

Calculation of Voyage Costs

Calculation carried out by the owner and/or his broker before concluding an agreement for a voyage charter in order to find out whether such transaction will be profitable and to obtain the basis for comparing several loading offers

Call Letter

Distinctive signal of a ship; a ship can be called wireless on sea via the call letter. Syn.: Call Sign

Call Sign

Series of letters and figures identifying a ship through which the ship can be reached via satellite for phone calls or telexes. Each ship in the world has an individual call sign

CAM

Computer-aided engineering

Camet

A Customs document permitting the holder to temporarily carry or send merchandise into certain foreign countries (for display, demonstration or similar purposes) without paying duties or posting bonds

Canceled B/L

Used to cancel a processed B/L usually per shipper!/s request. (different from a voided B/L).

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서울특별시 강서구 마곡중앙 8로 78(마곡동, SM R&D 센터) 5, 6층
지하철 5호선 발산역 1, 9번 출구