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. |