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Shipping Glossary
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Shipping Glossary
Declared Value for CarriageThe value of the goods, declared by the shipper on a bill of lading for the purpose of determining a freight rate or the limit of the carrier's liability |
Deconsolidation PointPlace where loose or other non-containerized cargo is ungrouped for delivery |
Deep Loading LineMark at the side of a ship indicating how deep the ship can be loaded in a specific seasonal zone |
Defered RebateRebate which a Conference subsequently grants a carrier if he has effected shipment through Conference owners for a certain period (e.g. 6 months); today this rebate usually depends on a definite volume of cargo shipped. Opposite: Contracted rebate |
Deferment WarehouseWarehouse in which goods can be stored following the clearance for free circulation to the effect that the payment of customs charges is deferred for the period of storage. The goods are not bonded in the warehouse but are only placed under customs custody |
Deficit WeightWeight by which a shipment is less than the minimum weight |
DEL1. Delivery/Delivered 2. Delete: Abbreviation from the field of electronic data processing |
DeliveryThe transfer of property/goods from consignor to carrier, one carrier to another, or carrier to consignee |
Delivery BerthCharter clause: Delivery of a ship to a certain berth |
Delivery InstructionsOrder to pick-up goods at an in-transit (temporary) terminal and deliver to a pier. Usually issued by an exporter to trucker but may apply to a railroad, which completes delivery by land. Use is limited to a few major US ports |
