Freight, shipping and chartering glossary

Term Meaning
Dangerous Goods Transported content that may pose a risk to safety or health and requires increased attention during its transportation.
Documents Against Acceptance Instructions that the bank gives to the person who is involved in the shipment. They contain information that documents that transfer the right to own a particular product should be delivered to the buyer only after the buyer accepts the attached project.
Documents Against Payment in international trade - an arrangement in which someone can collect imported goods only after paying them at the bank and confirming payment.
Declared Value for Carriage The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of the carrier's liability.
Deconsolidator An organization that provides packaging for orders, goods, etc.,
Deferred Rebate An arrangement whereby a carrier reimburses a percentage of the total freight cost to shippers who transfer their goods for a specific period (usually six months) to the carrier. This refund is paid at the end of the period.
Delivery Instructions A special document that the carrier receives so that he can pick up the goods
Delivery Order A special document issued by the customs broker to the sea carrier as an argument for the delivery of goods by one of the parties.
Demurrage Penalty for misuse of free time that is allocated to load or unload cargo.
Density a characteristic of physical indicators that measures the weight of a cargo per unit volume or pounds per cubic foot
Density rate dependence of cost on such characteristics as weight and density of the cargo.
Detention Penalty for misuse of free time that is allocated to load or unload cargo
Devanning Unloading contents from a container or other equipment.
Delivery Fee Depending on the type of cargo, it is determined for how long the payment for delivery will be contracted.
Duty Disbursement Expenses of agents that they incurred in port.