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Shipping Glossary

Shipping Glossary

Place of Receipt

Location where cargo enters the care and custody of carrier

Plimsoll Mark

A series of horizontal lines painted on the outside of a ship marking the level which must remain above the surface of the water for the vessel’s stability

PLTC

Port liner term charges

PMD

PENALTY BY MIS-DECLARATION

PNW

Pacific Northwest

POF

PRECARRIAGE OCEANFREIGHT

Point of Origin

The station at which a shipment is received by a carrier from the shipper

Pool

A common supply of containers available to the shippers

Port

A harbor with piers or docks. Left side of a ship when facing forward. Opening in a ship’s side for handling freight

Port of Call

Port where a ship discharges or receives traffic

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