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Ocean shipping
Relating to the transportation of goods across an ocean or sea.
Industry: Maritime; Transportation
Add a new termContributors in Ocean shipping
Ocean shipping
carrier container
Maritime; Ocean shipping
A container over which the carrier or the shipper has control either by ownership or by the acquisition thereof under lease or rental from container companies or container suppliers or from similar ...
carriers
Maritime; Ocean shipping
Owners or operators of vessels providing transportation to shippers. The term is also used to refer to the vessels.
cartel
Maritime; Ocean shipping
An association of several independent national or international business organizations that regulates competition by controlling the prices, the production, or the marketing of a product or industry.
construction differential subsidy (CDS)
Maritime; Ocean shipping
A direct subsidy paid to u. S. Shipyards building u. S. -flag ships to offset high construction costs in american shipyards. An amount of subsidy (up to 50 percent) is determined by estimates of ...
automated manifest system (AMS)
Maritime; Ocean shipping
The electronic system allowing a manifest inventory to be transmitted to the u. S. Customs service data center by carrier, port authority, or service center computers.
backfreight
Maritime; Ocean shipping
The owners of a ship are entitled to payment as freight for merchandise returned through the fault of either the consignees or the consignors. Such payment, which is over and above the normal ...
bunker adjustment factor (BAF)
Maritime; Ocean shipping
An adjustment in shipping charges to offset price fluctuations in the cost of bunker fuel. Also known as a bunker surcharge (b/s).