NVOCC (Non-Vessel Operating Common Carrier)
An ocean carrier that does not own ships but buys container space from shipping lines, issues its own bills of lading, …
Sea Freight
POL and POD (Port of Loading and Port of Discharge)
The ports where cargo is loaded onto the main vessel and unloaded from it, as shown on bookings, quotes and the bill of …
Sea Freight (Ocean Freight)
Shipping goods by cargo vessel in containers, the lowest-cost way to move heavy or bulky orders from China to overseas …
SO (Shipping Order)
The carrier's booking confirmation that reserves space on a vessel and allows the shipper to collect an empty container …
SWB (Sea Waybill)
A non-negotiable ocean transport document that lets the named consignee collect cargo without presenting any original …
Telex Release
A carrier instruction that lets the consignee collect cargo without presenting an original bill of lading, after the …
TEU (Twenty-foot Equivalent Unit)
A standard unit for counting container capacity, where one 20-foot container equals one TEU and a 40-foot container …
THC (Terminal Handling Charge)
A fee charged by carriers for handling containers at the port terminal, applied separately at the origin and destination …
Transshipment
Moving cargo from one vessel to another at an intermediate hub port before it continues to the final port of discharge.
VGM (Verified Gross Mass)
The confirmed total weight of a packed container, which must be submitted to the carrier before loading under SOLAS …