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Shipping Glossary
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Shipping Glossary
Delivery NoteNon-negotiable delivery paper which is issued upon arrival of the ship and collection of the original bill of lading by the agent at the port of discharge. However, the title to the goods only passes to the consignee upon delivery. As a rule Hapag Lloyd issue delivery note only in case of conventional cargo, namely when: - a mixed movement is concerned, i.e. one B/L includes a full container and freight unit. In that case a delivery note is issued for the freight unit - the original B/L for a freight unit was submitted domestically and cannot reach the port of discharge on time - a freight unit is delivered without the original B/L against written undertaking |
Dely And RedelyDelivery and Redelivery. Term related to charter: Delivery and redelivery of a ship in case of time charter contracts |
DemandShortfall of containers, i.e. the demand is higher than containers available |
Demise CharterType of bareboat charter: The bare ship is chartered along with the captain and officers, if any. Thus the shipowner can ensure that the ship is properly controlled. The actual owner is responsible for the crewing on behalf of the charterer |
DemurrageUS/Domestic Transportation: A penalty charge against shippers or consignees for delaying the carrier’s equipment beyond the allowed free time provision of the tariff at the rail ramp; International Transportation: A storage charge to shipper s which starts accruing after a container is discharged from a vessel. The charge varies according to rules of the appropriate tariff |
DensityThe weight of freight per cubic foot or other unit |
DEPDeparture |
Depot, ContainerContainer freight station or a designated area where empty containers can be picked up or dropped off |
DEQ (Delivered Ex Quay (Duty Paid))The DDU term has been fulfilled when the goods have been available to the buyer on the quay (wharf) at the named port of destination, cleared for importation. Attaching the term "Duty Paid" indicates that the seller bears all risks and costs of delivery to the named point, including duties and other import charges. Attaching the term "Duty Unpaid" indicates that the buyer must clear the goods for import and pay duties |
Derrick1. Cargo boom of a ship. 2. Swivelling jib which is fixed to the end of a mast through a turning knuckle and serves as a loading crane for conventional ships |
