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Shipping Glossary

Shipping Glossary

Voyage Charter

Charter according to which the owner places his entire ship or part thereof at the charterer's disposal for the shipment of full or partial cargo on a certain voyage, wherein the rates and terms have been mutually agreed beforehand

Voyage Number

Consecutive numbers which are allotted to each liner voyage

VRB

VOLUME REBATE NON MANIFEST

VRP

vehicle routing problem

VRSP

vehicle routing / scheduling problem

VSL

Vessel : Ship

VSP

vehicle scheduling problem

W.M. (W/M)

Weight or measurement, the basis for assessing freight charges. Also known as worm. The rate charged under W/M will be whichever produces the highest revenue between the weight of the shipment and the measure of the shipment

W.N.A.

Winter North Atlantic. Mark at the loading line indicating the deep loading line of ships in winter which is important for voyages across the North Atlantic. The ship must be immersed up to this mark only. (Only for ships of a length of less than 100 m)

WAF

WHARFAGE

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