Shipping Glossary

Abbreviation: ABS
American classification society which has established rules and regulations for the classification of seagoing vessels or equipment.
Abbreviation: ACEP
An agreement between the owners of the equipment and the responsible governmental body to allow continuous examination of the equipment (e.g. containers).


Abbreviation: ADR
A European agreement concerning the international carriage of dangerous goods by road.
Automated guided vehicle system.
Automated System for Customs Data. This program dealing with customs declarations has been developed by UNCTAD and is presently used by some 75 countries.
Automated System for Customs Data. This Alongside, near amidships. For navigational purposes in the direction of a right angle to the ship's heading.
Acceptance by the carrier of a portion of a joint rate or charge which is less than the amount which it would receive for the service in the absence of such joint rate or charge.
The process of receiving a consignment from a consignor, usually against the issue of a receipt. As from this moment and on this place the carrier's responsibility for the consignment begins.
Movable steps arranged temporary alongside e.g. a quay to allow access on board for officials, crew or passengers.
The transport of complete road vehicles by another means of transport (e.g. train, ferry accompanied by the driver).

Accord Relatif aux Transports Internationaux de Denrees Perissables et aux Engins Speciaux a Utiliser pour ces Transports Abbreviation: ATP Agreement on the international carriage of perishable foodstuffs and on the special equipment to be used for such carriage.
A notification relating to the receipt of e.g. goods, messages and documents.
Accidents of a nature beyond human control such as flood, lightning or hurricane usually quoted as 'force majeure'.
Covers raw material, work in progress, finished products, which will be used or sold within a given period without extra cost or loss. This term does not cover the so-called reserve inventory.
Customer orders and often also the allocation of items, ingredients and/or raw materials to production or distribution.
A code for identification purposes of the voyage and vessel which actually transports the container/cargo.
In proportion to the value: A phrase applied to certain freight or customs duties levied on goods, property, etc. set as a percentage of their value.
The value attributed to products, and services as the result of a particular process (e.g. production process, storage, transport).
An agreement between the shipper and the carrier, concerning contacts between those parties prior to tendering the consignment.
Quantity of cash or cash equivalents expressed in a monetary amount given to a driver to cover expenses during a trip.
A charge paid by a carrier to an agent or to another carrier, which the delivering carrier then collects from the consignee. Such charges are usually for agents' forwarding fees and incidental expenses paid out of pocket for account of the shipment by an agent or other carrier.
An interline carrier that picks up cargo from the shipper and delivers it to another carrier for shipment to the consignee.
An interline carrier that picks up cargo from the shipper and delivers it to another carrier for shipment to the consignee.
A written piece of information e.g. about the status of the goods.
Special accessories in a container consisting of among others the attachment rails on the inside walls to provide facilities for lashing and separation of the cargo.