5 Terms
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Shipping
Relating to the mass transport of goods on massive cargo ships.
Industry: Transportation
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Shipping
incoterms
Transportation; Shipping
Incoterms are a set of uniform rules codifying he interpretation of trade terms defining the rights and obligations of both buyer and seller in an international transaction.
inert gas system
Transportation; Shipping
A system of preventing any explosion in the cargo tanks of a tanker by replacing the cargo, as it is pumped out, by an inert gas, often the exhaust of the ship's engine. Gas-freeing must be carried ...
marpol
Transportation; Shipping
Short for marine pollution, this is the main international convention covering prevention of pollution of the marine environment by ships from operational or accidental causes.
maritime lien
Transportation; Shipping
privileged claim upon maritime property, such as a ship, in respect of services rendered to, or the injuries caused by that property.
manning scales
Transportation; Shipping
The minimum number of officers and crewmembers that can be engaged on a ship to be considered as sufficient hands with practical ability to meet every possible eventuality at sea.
main deck
Transportation; Shipping
The main continuous deck of a ship running from fore to aft; the principle deck; the deck from which the freeboard is determined.
lumpsum freight
Transportation; Shipping
Money paid to shipper for charter of a ship (or portion) up to stated limit irrespective of quantity of cargo.
