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Transportation

Any mode or method of locomotion that serves to move people, goods or services from one location to another.

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Transportation > Shipping

insurance certificate

Transportation; Shipping

A document issued by an insurance company, usually to order of shipper, under a marine policy and in cover of a particular shipment of merchandise.

lay days

Transportation; Shipping

Days allowed by charter for loading or discharging cargo.

Nippon Kaiji Kyokai (NK)

Transportation; Shipping

A Japanese classification society which certifies seagoing vessels for compliance to standardized rules regarding construction and maintenance.

Nomenclature of the Customs Cooperation Council

Transportation; Shipping

The Customs tariff used by most countries worldwide. It was formerly known as the Brussels Tariff Nomenclature and is the basis of the commodity coding system known as the ...

nrt - net register tons see “net tonnage”

Transportation; Shipping

Theoretically the cargo capacity of the ship. Sometimes used to charge fees or taxes on a vessel.

Overseas Private Investment Corporation (O.P.I.C.)

Transportation; Shipping

An agency of the U.S. government which helps U.S. businesses invest overseas.

Pomerene Act

Transportation; Shipping

U.S. federal law enacting conditions by which a B/L may be issued. Penalties for issuing B/L’s containing false data include monetary fines and/or imprisonment.