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Shipping Glossary
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Shipping Glossary
CharterpartyCertificate of a contract according to which an entire ship, part thereof or a certain space thereof is rented |
ChassisA frame with wheels and container locking devices in order to secure and move containers |
CHCContainer handling charge |
CHCCargo Handling Charges |
CHIPSClearing House Interbank Payment System |
ChockA piece of wood or other material placed at the side of cargo to prevent rolling or moving sideways |
CICSCustomer Information Control System: Part of the large computer operating system MVS by IBM. E.g. see FIS is based on the CICS which mainly controls data access |
CIDAContainer Inland Disbursement Account: Invoicing of costs (e.g. by the agent) incurred by the transport, storage or cleaning of containers in a country |
CIFCost, Insurance and Freight |
CIF (Cost, Insurance, and Freight)The seller has the same obligations as under the CFR but also has to procure marine insurance against the buyer!/s risk of loss or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium |
