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Condock-CarrierCombined container and dock ship. Containers can be stored on deck and by flooding the tank-like lateral walls can be lowered such that lighters are allowed to swim to the cargo hold. Syn.: BACO-Liner |
CONECContinent Near East Conference. Syn.: CONECON - Continent Near East Continent Conference |
ConferenceAn association of shipping owners/companies operating in the same trade route and under collective conditions, in agreement with all tariff rates |
Conference RateSea freight rate which is fixed by a Conference and is binding for all member shipping companies |
Confirmed Letter of CreditA letter of credit issued by a foreign bank whose validity has been confirmed by a domestic bank. An exporter with a confirmed letter of credit is assured of payment even if the foreign buyer or foreign bank defaults |
Congestion SurchargeSurcharge on the freight rate added by shipowners if a seaport is jammed due to overload from which longer waiting periods for seagoing vessels result |
Connecting CarrierA carrier which has a direct physical connection with, or forms a link between two or more carriers |
Consecutive VoyageSpecial form of tramp shipping. A contract regarding a large volume of cargo is concluded stipulating that the cargo must be shipped on consecutive voyages |
ConsigneeA person or company to whom commodities are shipped |
Consignee markA symbol placed on packages for identification purposes, generally a triangle, square, circle etc., with letters and/or numbers and port discharge |
