All rights reserved. "Ex works"means that the seller delivers when he places the goods at the disposal of the buyer at the seller's premises or another named place (i.e. General average is an unwritten, non-statutory, international maritime law which is universally recognized and applied. The duties of a broker include preparing the entry blank and filing it; advising the importer on duties to be paid; advancing duties and other costs; and, arranging for delivery to his client, his trucking firm, or other carrier. The seller has to bear the costs and risks involved in bringing the goods thereto, other than, where applicable, any "duty" (which term includes the responsibility for and the risks of the carrying out of customs formalities, and the payment of formalities, customs duties, taxes and other charges) for import in the country of destination. Transporters, exporters, importers, customs officials, statisticians, and others in classifying goods moving in international trade under a single commodity code. More often known as “Consolidator”. Shipper's Export Declaration . As one of Hong Kong s most recognized global brands, OOCL provides customers with fully-integrated logistics and containerized transportation services, with a network that encompasses Asia, Europe, North America and Australasia. Dead Weight. Document indicating that the exporter will consign a shipment to an international carrier for transportation to a specified foreign market. If the parties do not intend to deliver the goods across the ships's rail, the FCA terms should be used. All Terms Glossary 2014 . A form used to acknowledge receipt of cargo at a steamship pier. Overland Common Point rates which are generally lower than local tariff rates, were established by U.S. West Coast steamship companies in conjunction with railroads serving the western U.S. so that cargo originating or destined to the American Midwest and East would be competitive with all-water rates via the U.S. Atlantic and Gulf ports. If the parties wish the seller to bear the costs and risks of discharging the goods, then the DEQ term should be used. (The U.S. will add digits for tariff and statistical purposes. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. The vessel is en route to the port of Algeciras, sailing at a speed of 11.5 knots and expected to arrive there on Jan 3, 11:00.. Related topics:- See also Genset.- See also PTI. This term can be used only for or inland waterway transport. Product . Copies of the protest are frequently demanded underwriter in the event of a claim. This means that the buyer bears risks and any costs occurring after the goods have been so delivered. Also see Reconsignment. The underslung generator set can be either side-mounted or center-mounted on the chassis. An underslung generator set is mounted to the chassis upon which the reefer is mounted for handling and transport. The person with whom the ship’s hull, machinery apparel, and tackle is insured. (a) The price paid to the carrier for the transportation of goods or merchandise by sea from one place to another. Bill of lading issued by NVOCC (Non-vessel Owning / Operating Common Carrier), either be Forwarders, or Consolidators when they issue B/L instead of FCR (Freight Cargo Receipt), or slot charters, for carriage of goods on vessel which s/he neither owns nor operates. Space in a car, truck, vessel, etc., that is not utilized. Usually required for items that might affect the public health, morals, animal life, vegetation, etc. Find out what is the full meaning of OOCL on Abbreviations.com! The certificates are negotiable documents and must be endorsed before submitting them to the bank. Advice that carrier sends to consignee advising of goods coming forward for delivery. Direction of vessel or cargo going out from port of loading or point/place of receipt. Hook In Liner Out ( Hook to CY) - Carrier bears the costs for cargo alongside cargo hook at loading port, sea voyage up to cargo discharged at discharging port. It is founded on the principle that vessel and goods are parties to the same venture and share exposure to the same perils, which may require sacrifice or the incurring of extraordinary expense on the part of one for the benefit of the whole venture. You may be trying to access this site from a secured browser on the server. OOCL is one of the world's largest integrated international container transportation, logistics and terminal companies. vessel tracking, port schedule, access rates of exchange for your selected Shipper. A portable power generator, which converts fuel into electrical power by mechanical means, and from which a reefer draws power. works, factory, warehouse, etc) not cleared for export and not loaded on any collecting vehicle. A multi-purpose international goods-classification for manufacturers. One of the alternative bases of Freight Tariff. FCL Freight LCL Freight Inland Logistics Customs Clearance Pay Later with Credit Upcoming … The U.S. forwarder is licensed by the Federal Maritime Commission for ocean shipments. It is a generic term referring to special commercial and industrial areas. They derive profit by paying the vessel operating carrier the lower consolidated rate. This type of insurance offers the shipper the broadest coverage available, covering against all losses that may occur in transit. in Shipping Law News 05/03/2018. O.C.P. An open or covered barge towed by a tugboat and used mainly in harbors and inland waterways. Shipping Freight Terms List. Free In to Hook - Carrier bears the costs for sea voyage and costs for cargo alongside cargo hook at discharging port. It is organized into 99 chapters arranged in 22 sections. Searches: oocl cargo tracking, oocl shipping tracking, orient overseas container line tracking, oocl line tracking, oocl tracking vessel schedule. If delivery occurs at any other place, the seller is not responsible for unloading. The carrier is responsible for cargo and costs from origin to destination. 1924 International Convention on Carriage of Goods by Sea. Vessel plying a regular trade/defined route against a published sailing schedule. They act for airlines which pay them a fee (usually 5%). A charge made for lifting articles too heavy to be lifted by a ship's tackle. It is the difference between the number of tons of water a vessel displaces "light" and the number of tons it displaces when submerged to the "load line.". 'Orient Overseas Container Line' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. It involves set of activities which demands the goods are delivered in desired quality, quantity, place & time. (a) Back-to-Back: A secondary letter of credit issued to a beneficiary on the strength of a primary credit; Guarantee from shipper or consignee to indemnity carrier for costs and/or loss, if any, in order to obtain favorable action by carrier, e.g. When manufacturing activity occurs in free trade zones, it usually involves a combination of foreign and domestic merchandise, and usually requires special governmental authority. Harmonized Commodity Description and Coding System, Non-vessel Owning / Operating Common Carrier (N.V.O.C.C. Export/Import Updates! Charges raised for detaining container/trailer at customer’s premises for longer period than provided in Tariff. An amount added or deducted from base rate to make a rate to or from some other point or via another route. The current position of OOCL EUROPE is at North East Atlantic Ocean (coordinates 36.06223 N / 7.72153 W) reported 7 hours ago by AIS. b) Fixed Assets System. The fresh air vent should be tightly closed when carrying frozen cargo. "Free Carrier" means that the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place. If the vessel burns, sinks, collides, or gets sunk, all losses are fully covered. Demurrage penalties are imposed for excess use of container from its unloading at the terminal until the return of empty containers at the port (for imports) or from the date of receipt of the empty container to be loaded before the loading of a container loaded on a ship (for exports). It should be noted that the chosen place of delivery has an impact on the obligations of loading and unloading the goods at that place. In the U.S. duty rates will be the 8-digit level; statistical suffixes will be at the 10-digit level. Examples include foodstuffs, feedstuffs, pharmaceuticals (human and veterinary), medical equipment, seeds, plants and various written material (including tapes, cassettes, movies, TV tapes or TV movies). A manifest of all cargoes aboard a conveyance, vessel, truck or rail, that lists cargoes to be discharged at each port of call. Also known as I.P.I. Any container which exceeds 8 feet 6 inches (102 inches) in height, usually 9 feet 6 inches. Refrigeration equipment attachable to an insulated container that does not have its own refrigeration unit. Usually it handles all the services in the collection, consolidation, shipping and distribution of goods connected with an export shipment; preparation of documents, booking cargo space, warehouse, pier delivery and export clearance. It is also a type of freight forwarder who specializes in air cargo. A facility in the infrastructure where transport-related services (collection & distribution) and commercial activities are performed, and it focuses on logistics-centre management, facilities management, maintenance and supply chain. Also see Deadweight Tonnage. She is also the first ship to surpass the 21,000 TEU mark. The seller has to bear all the costs and risks involved in bringing the goods to the named port of dstination before discharging. North America Customer Service Handling Structure, Demurrage & Detention Free Time and Charges. (a) A legal means of proving presentation and default of a negotiable instrument, as well as providing notice to interested parties that the instrument was not paid. Dangerous and Hazardous. These rules govern liability for loss or damage to goods carried by sea under a bill of lading. Carrier Name (Abbreviated) Carrier Name SCAC code ACL Atlantic Container Line ACLU Alianca Alianca ANRM AML Alaska Marine Lines AKMR ANL Australia National Line ANNU APL American President Lines APLU Arkas Arkas Container Transport S.A. ARKU ARRC DFG refers to Dynamic Flow Guidelines, which is used to control the onland stock level of each region taking into account of the traffic pattern and local vanning/devaniing dwell time. Services. An insurance policy or certificate normally covers the shipments of merchandise from the time they leave the warehouse at the shipping point until they reach the destination point named in the policy or certificate. At which by special customs procedures it allows the importation of non-prohibited foreign goods (including raw materials, components, and finished goods) without the requirement that duties be paid immediately. A document required and issued by some national governments authorizing the importation of goods into their individual countries. The containers, which are insulated, are specially designed to allow temperature controlled air circulated within the container. The fresh air vent is located on the reefer machinery end of the container. Sometimes called "customs free zones" or "duty free zones". if it is a Straight B/L the foreign buyer can obtain the shipment from the carrier by simply showing proof of identity. Shipping Glossary Search . Their business focuses on providing services related to consolidate parts or smaller consignments, LCL (Less than Container Load) cargoes into larger unit. This type of clause covers merchandise if the damage amounts to 3 percent or more of the insured value of the package or cargo. A documentation function normally performed before vessel arriving at discharging end to add, amend local charges and information where applicable. details, You may be trying to access this site from a secured browser on the server. The place where carrier actually turns over cargo to consignee or his agent. A government document permitting designated goods to be shipped out of the country. Sign up to our eSignal Newsletter. International Maritime Dangerous Goods Code. In view of the prevailing truck power shortage in the Group 4 … One of the payment status where freight and charges are required to be paid by shipper before original bill of lading is released to them except for shipment under Sea Waybill (or Express BL) as no original bill of lading is required or for shipment under credit arrangement. The fresh air vent is adjustable to accommodate a variety of cargo and chilled load operating conditions. As provided in the Shipping Act of 1984, a contract between a shipper (or a shippers' association) and an ocean common carrier (or conference) in which the shipper makes a commitment to provide a certain minimum quantity of cargo or freight revenue over a fixed time period, and the ocean common carrier or conference commits to a certain rate or rate schedule as well as a defined service … Protest are received as evidence in tribunal on the Continent but they cannot be made use of as evidence in courts of law in the United Kingdom in favor of the party making the protest except by the consent of both parties concerned. Surcharge for handing equipment over to merchant haulier in UK. In marine insurance the word average describes partial damage or partial loss. Port at which container is discharged from ocean vessel to start the inland or intermodal part of its journey. A natural plant hormone gas (C2H4)produced in small quantities by plant tissue. On July 9, 2017, COSCO Shipping Holdings Co. Ltd. announced that COSCO Shipping and SIPG (Shanghai International Port Group) made an offer to all shareholders of OOCL to acquire all issued OOCL shares—worth USD 6.3 billion. The current position of OOCL HONG KONG is at South East Asia (coordinates 1.26518 N / 103.78171 E) reported 9 mins ago by AIS. Also known as Wharf Storage in Australia. Shipping Glossary. The zones are usually located in or near ports of entry. Lawyers who work on international matters have a good chance of running across some of that lingo, even if they are not working on a trade matter as such. A change made in the route of a shipment in transit. (b) A certificate issued in British ports by the medical officer of health upon declaration made by the captain or the ship’s doctor on arrival quarantine station that no member of the crew or passenger is suffering from any contagious disease. local information. A landbridge movement in which cargo originating/destined to an inland point is railed or trucked to/from the water port for a shipment to/from a foreign country. Container tracking for CMA CGM, OOCL, Evergreen, Hapag, APL, Safmarine, etc. It is composed of following status: (a) Cancelled: rejected or voided due to no show; (b) Confirmed: acknowledged with firm acceptance; (c) Confirmed subject to space availability: acknowledged acceptance of booking subject to confirmation in agreed time frame; (d) Pending: acknowledged receipt of booking yet subject to approval for acceptance. A refrigeration plant is built into the rear of the container. An international multilateral agreement embodying a code of practice for fair trading in international commerce. Sections encompass an industry [ (e.g., Section XI, Textiles and Textile Articles); chapters encompass the various materials and products of the industry (e.g. Container freight station or a designated area where empty containers can be picked up or dropped off. Developed under the auspices of the Customs Cooperations Council (CCC), an international customs organization in Brussels, this code is a hierarchically structured product nomenclature containing approximately 5,000 headings and subheadings describing the articles moving in international trade. (a) Permission or license granted by the port medical authorities to a vessel upon arrival from a foreign port after quarantine inspection, to communicate with shore. Additional terms and fees to local agents of the line usually via port forwarding. Articles too heavy to be lifted by a ship's tackle. Particular-average insurance can usually be obtained, but the loss must be in excess of a certain percentage of the insured value of the shipment, usually 3 to 5 percent, before a claim will be allowed by the company. This means that the buyer bears all risks and any additional costs occurring after the goods have been so delivered. Also see Dangerous Goods. COSCO Shipping Lines, OOCL, Ocean Network Express and Yang Ming are to launch a new weekly Transatlantic service, East Mediterranean - America Service (code: The body of a vessel exclusive of masts, yards, sails, rigging, machinery and equipment. Incoterms are a set of uniform rules codifying the interpretation of trade terms defining the rights and obligation of both buyer and seller in an international transaction, thereby enabling anotherwise complex basis for a sale contract to be accomplished in three letters.Incoterms are drafted by the Internaitional Chamber of Commerce. 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