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Shipping Glossary
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Shipping Glossary
Landing GearA support fitted on the front part of a chassis (which is retractable). It is used to support the front end of a chassis when the tractor has been removed |
LASH (Lighter Aboard Ship)A specially constructed vessel equipped with an overhead crane for lifting custom designed barges and stowing them into cellular slots in an athwartship position |
LBPLength between perpendiculars |
LDSSlogistics decision support systems |
Letter of Credit (L/C)A document, issued by a bank per instructions by a buyer of goods, authorizing the seller to draw a specified sum of money under specified terms, usually the receipt by the bank of certain documents within a given time. Secondary party accepts responsibility and meets the demands stated in the letter of credit |
LighterAn open or covered barge towed by a tugboat and used mainly in harbors and inland waterways to carry cargo to/from alongside a vessel |
LighterageRefers to carriage of goods by lighter and the charge assessed thereafter |
Line-HaulTransportation from one city to another as differentiated from local switching service |
LinerA vessel sailing between specified ports on a regular basis |
ListThe amount in degrees that a vessel tilts from the vertical |
