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Shipping Glossary
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Shipping Glossary
Direct Quay HandlingDirect handling between seagoing vessel and another common carrier without the cargo being deposited on the quay |
Direct TranshipmentDirect transhipment of goods from wagon/truck to the ship (or vice-versa); reduces the quay handling fee. Opposite: indirect transhipment |
Dirty B/LDirty bill of lading |
DISDANGEROUS CARGO SURCHARGE |
Disbursement1. Costs (e.g. port dues, stowage fees, pilotage/ towage/mooring services/customs, bunker, water) which the agent advances for the shipowner. For doing so he receives a commission, the so-called disbursement charge, amounting to 2-3%. 2. Costs incurred by the forwarder not included in the sales price which are usually collected at c.o.d. terms by the shipping firm from the consignee against payment of a fee |
Disbursement AccountAccount prepared by the agent for the shipowner listing all amounts received and payable for a respective ship in a harbour. Costs can e.g. be incurred by mooring services, towing, piloting, lay days, loading and unloading, commissions and piloting. Amounts are received from payments of the party paying the freight. Initially the agent bears all costs and collects all freights. From income and payments a balance results which is settled with the shipowner by means of the disbursement account |
DischargeUnloading of a ship |
Discharging Tally SheetsLists prepared by tally clerks in the port of discharge in which the individual freight units discharged from the hatch are registered one by one. These lists can be used as proof in actions commenced for the loss of goods |
DisplacementThe weight, in tons of 2,240 pounds, of th e vessel and its weight contents. Calculated by dividing the volume of water displaced in cubic feet by 35, the average density of sea water |
Dispute ClauseClause in B/Ls and charterparties. The carrier protects himself from claims of third parties based on additional costs which were e.g. incurred when the cargo had to be discharged in another port owing to strikes (of dockers) |
