Ocean shipping

Ocean shipping

Relating to the transportation of goods across an ocean or sea.

Industry: Maritime; Transportation

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Ocean shipping

cargo

Maritime; Ocean shipping

Merchandise/commodities carried by means of transportation.

A negotiable bill of lading. There are two types:(1) a bill drawn to the order of a foreign consignee, enabling him to endorse the bill to a third party. (2) a bill drawn to the order of the shipper ...

received for shipment bill of lading

Maritime; Ocean shipping

A bill of lading acknowledging the receipt of goods by a carrier for shipment on a specified vessel. This type of bill of lading is not acceptable under a letter of credit unless it is specially ...

break bulk

Maritime; Ocean shipping

The process of assimilating many small shipments into one large shipment at a central point so that economies of scale may be achieved; to commence discharge of cargo.

bonded warehouse

Maritime; Ocean shipping

A warehouse authorized by customs authorities for storage of goods on which payment of duties is deferred until the goods are removed.

bow thrusters

Maritime; Ocean shipping

A propeller at the lower sea-covered part of the bow of the ship which turns at right angles to the fore-and-aft line and thus provides transverse thrust as a maneuvering aid.