SM Line

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Shipping Glossary

Classification

A publication, such as the Uniform Freight Classification (railroad) or the National Motor Freight Classification (motor carrier), that assigns ratings to various articles and provides bill of lading descriptions and rules

Classification Yard

A railroad yard with many tracks used for assembling freight trains

Clayton Act

An anti-trust act of the US Congress making price discrimination unlawful

CLB

Canadian Land Bridge

CLC

CONTAINER LIFT ON OFF CHARGE

Clean B/L

No recorded irregularities in packing or general condition of all or any part of the shipment

Clean bill of lading

A receipt for goods issued by a carrier with an indication that the goods were received in "good order and condition," without damage or other irregularities

Clean L/C

Clean letter of credit

Clearance

Clearance of a ship in a harbour. Preparations before arrival and servicing while the ship is berthed in the harbour. Comprises the following activities: - Determination of the berth and operational schedule - Instructing the various service firms - Handling formalities before authorities such as customs and harbour police - Compilation of the booking forecasts (partner/HL) - inspection of special cargo - Coordinating departure with the terminal - Ordering moorage services, towing services and pilots upon departure of the ship - Organising agents attending to the crew

Clearance Agent

Agent who is mainly entrusted with clearing ships on behalf of the shipowners. The clearing trade is pursued by chartering brokers and liners agents. Syn.: Chartering Broker

Support

Support

Shipping Glossary

Classification

Classification Yard

Clayton Act

CLB

CLC

Clean B/L

Clean bill of lading

Clean L/C

Clearance

Clearance Agent

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