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Shipping Glossary
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Shipping Glossary
Ship DemurrageA charge for delaying a steamer beyond a stipulated period |
ShipmentThe tender of one lot of cargo at one time from one shipper at one location to one consignee, at one destination, on one bill of lading |
ShipperThe person or company who is usually the supplier or owner of commodities shipper. Also called, consignor |
Shipper's Export Declaration (SED, !0Ex Dec!1)A joint Bureau of Census International Trade Administration form used for compiling US export control laws. It is completed by a shipper and shows the value, weight, destination, etc. of export shipments as well as Schedule B commodity code |
Shipper's InstructionsShipper's communications (s) to its agent and/or directly to the international water-carrier. Instructions may be varied, for example, specific details/clauses to be printed on the bill of lading, directions for pick-up and delivery |
Shipper's Load (SL/C)Shipments loaded and sealed by shippers and not checked or verified by the carriers |
Shipper’s AssociationA non-profit entity that represents the interests of a number of shippers. The main focus of shippers associations is to pool the cargo volumes of members to leverage the most favorable service contract rate levels |
Shipping Act of 1916The act of Congress (1916) that created the U.S. Shipping Board to develop water transportation, operate the merchant ships owned by the government and regulate the water carriers engaged in commerce under the flag of the United States. As of June 18, 1984, applies only to domestic offshore ocean transport |
Shipping Act of 1984Effective June 18, 1984, describes the law covering water transportation in the U.S. foreign trade |
Shipping OrderShipper's instructions to carrier for forwarding goods; usually the triplicate copy of the bill of lading |
