- Industry: Government
- Number of terms: 13754
- Number of blossaries: 0
- Company Profile:
A legally binding agreement between two or more persons/organizations to carry out reciprocal obligations or value.
Industry:Transportation
The replacement, since 1994, for “Net Register Tonnage.” Theoretically the cargo capacity of the ship. Sometimes used to charge fees or taxes on a vessel. The formula is(0.2+0.02 log10(Vc)) Vc (4d/3D)2, for passenger ships the following formula is added: 1.25 (GT+10000)/10000 (N1+(N2/10)), where Vc is the volume of cargo holds, D is the distance between ship’s bottom and the uppermost deck, d is the draught, N1 is the number of cabin passengers, and N2 is the number of deck passengers.) “Ton” is figured as a 100 cubic foot ton. An approximate conversion ratio is 1NT = 1.7GT and 1GT = 1.5DWT.
Industry:Transportation
The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form.
Industry:Transportation
Any person not a common carrier who, under special and individual contracts or agreements, transports passengers or property for compensation.
Industry:Transportation
Weight of the goods alone without any immediate wrappings, e.g., the weight of the contents of a tin can without the weight of the can.
Industry:Transportation
The total price to move cargo from origin to destination, inclusive of all charges.
Industry:Transportation
A container with no sides and frame members at the front and rear. Container can be loaded from the sides and top.
Industry:Transportation
The manner in which a shipment moves; i.e., the carriers handling it and the points at which the carriers interchange.
Industry:Transportation