Ocean shipping

Ocean shipping

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

Industry: Maritime; Transportation

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Ocean shipping

commodity rate

Transportation; Ocean shipping

A rate published to apply to a specific article or articles.

commodity

Transportation; Ocean shipping

Article shipped. For dangerous and hazardous cargo, the correct commodity identification is critical.

Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents ...

collecting

Transportation; Ocean shipping

A bank that acts as an agent to the seller’s bank (the presenting bank). The collecting bank assumes no responsibility for either the documents or the merchandise.