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Shipping Glossary
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Shipping Glossary
Clayton ActAn anti-trust act of the US Congress making price discrimination unlawful |
CLBCanadian Land Bridge |
CLCCONTAINER LIFT ON OFF CHARGE |
Clean B/LNo recorded irregularities in packing or general condition of all or any part of the shipment |
Clean bill of ladingA receipt for goods issued by a carrier with an indication that the goods were received in "good order and condition," without damage or other irregularities |
Clean L/CClean letter of credit |
ClearanceClearance of a ship in a harbour. Preparations before arrival and servicing while the ship is berthed in the harbour. Comprises the following activities: - Determination of the berth and operational schedule - Instructing the various service firms - Handling formalities before authorities such as customs and harbour police - Compilation of the booking forecasts (partner/HL) - inspection of special cargo - Coordinating departure with the terminal - Ordering moorage services, towing services and pilots upon departure of the ship - Organising agents attending to the crew |
Clearance AgentAgent who is mainly entrusted with clearing ships on behalf of the shipowners. The clearing trade is pursued by chartering brokers and liners agents. Syn.: Chartering Broker |
Clearance CommissionCommission paid by the shipping company to the entrusted clearing agent for clearing a ship. The amount depends on the activities carried out by the agent or on the applicable tariff |
Clearance CostsCosts incurred by having the ship cleared by the port authorities. They are borne by the ship |
