Shipping Glossary
VATvalue abbed tax |
VCCVESSEL CERTIFICATE CHARGE |
VDCVOLUME DISCOUNT FOR TERMINAL CHARGE |
VDSVAT FOR DHF IN SRI LANKA |
VEER (TO)Lowering a freight unit in a loop by means of a crane or beam on board the ship |
Ventilated ContainerA container designed with openings in the side and/or end walls to admit the ingress of outside air when the doors are closed |
Vessel ManifestThe international carrier is obligated to make declarations of the ship’s crew and contents at both the port of departure and arrival. The vessel manifest lists various details about each shipment by bill of lading number. Obviously, the bill of lading serves as the core source from which the manifest is created |
Vessel Supplies for Immediate Exportation (VSIE)Allows equipment and supplies arriving at one port to be loaded on a vessel, aircraft, etc., for its exclusive use and to be exported from the same port |
VizNamely. Used in tariffs to specify commodities |
VLCCvery large crude carrier |