Shipping Glossary
Net DeplacementDeplacement of the empty ship ready for operation, stated in tons. Syn.: Net Weight Ship |
Net Short Ton2,000 pounds |
Net Tare WeightThe weight of an empty cargo-carrying piece of equipment plus any fixtures permanently attached |
Net TermsAll costs of loading/unloading inclusive of quay dues are borne by the shipper |
Net Ton IndexMeasuring unit according to IMO survey. According to the ship survey agreement it replaces the former measuring unit of net registered tons |
Net ton, or short ton2,000 lbs |
Neutral BodyOperates within the framework of a rate conference. Established by the member carriers to act as a self-policing force to ferret out malpractices and other tariff violations. The neutral body has authority to scrutinize all documents kept by the carriers and the carriers' personnel. Has right of entry to all areas of the carriers' facilities, including desks, briefcases, etc. Violations found are reported to the membership, and significant penalties are assessed. Repeated offenses are subject to escalating penalties. Revenue from penalties is used to support the cost of the neutral body's activity |
NLCNON-LOADING PORT CHARGE AT ORIGININ |
NMSNVOCC FILING MANIFEST SURCHARGE |
Nomenclature of the Customs Cooperation CouncilThe Customs tariff used by most countries worldwide. It was formerly known as the Brussels Tariff Nomenclature and is the basis of the commodity coding system know as the Harmonized System |