SM Line

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Shipping Glossary

Carrying Trade

Agreement concluded between the carrier and the shipper by means of the freight contract.The carrier covenants to ship the goods on the agreed route. The shipper covenants to pay the agreed freight

Cars Knocked Down (CKD)

Automobile parts and sub-assemblies manufactured abroad and transported to a US assembly plant

Cartage

Intra-city hauling on drays or trucks

Cartment

Customs form permitting in-bond cargo to be moved from one location to another under Customs control, within the same district. Usually in motor carrier’s possession while draying cargo

CAS

Collision Avoidance System. Modern radar system aboard seagoing vessels; it calculates the maximum approach of ships or other objects and/or a probable route of collision

CASCO

Term used for the hull including equipment but excluding cargo

Caspiana Clause

B/L clause according to which the captain of a ship is entitled to unload the cargo in the nearest port if the port of ca ll stated in the B/L cannot be touched owing to force majeure; particularly used with UK

CASS

Cargo account settlement system

Causa Proxima

Clause pertaining to the marine insurance law. The first obvious reason is considered crucial for a damage

CB

Compensating balance

Support

Support

Shipping Glossary

Carrying Trade

Cars Knocked Down (CKD)

Cartage

Cartment

CAS

CASCO

Caspiana Clause

CASS

Causa Proxima

CB

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