Glossary

Refers to marine matters such as an Admiralty Court.

To move cargo up line to a vessel leaving sooner than the one booked. See also Roll.

Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee.

Any vessel entering United States waters from a foreign port is required to give a 96–hour ANOV. Any vessel of 300 gross registered tonnage and greater is required to give the ANOA to…

Shipment of goods on shipper’s own account. A bill of adventure is a document signed by the master of the ship that carries goods at owner’s risk. Also, a term used in some…

A notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired,…

A bank operating in the seller’s country that handles letters of credit on behalf of a foreign bank.

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

A vessel of 70,000 to 119,000 DWT capacity. The largest tanker size in the AFRA (average freight rate assessment) tanker rate system.

Movement toward the stern (back end) of a ship.