Shipping Glossary
MultimodalVarious modes of transportation, synonymous for all practical purposes with the term “intermodal.” |
N.C.I.T.D.National Committee on International Trade Documentation |
N.C.P.North Continent Port. Term used for North European ports |
NAOKNorth American East Coast |
NavigationSailing a ship by determining the respective position and the navigable course |
Navigation FaultDamage caused by faulty management of a ship |
NAWKNorth American West Coast |
Negligence ClauseClause used in charterparties stipulating that the shipowner and/or the ship is liable towards the consignee for damages caused by force majeure, errors of the ship's management, crew, stevedores, pilots and other persons servicing the ship |
Negotiable B/L (To Order B/L)B/L names are legal and by endorsement, the shipper can transfer the title of the goods to the bank representing the buyer or directly to the buyer of the goods |
NEMONorth East Asia Maritime Organization |