SM Line

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Shipping Glossary

Coastwise

Water transportation along the coast

COCOM

Co-ordinating Committee for Export Control

COD

Cash on documents

COGSA

Carriage of Goods by Sea Act. US federal codification passed in 1936 which standardizes carrier’s liability under carrier’s bill of lading. US enactment of The Hague Rules

Coiltainer

Special flat for the transport of heavy steel coils and other cylindrical heavy cargo

Collect Freight

Freight payable to the carrier at destination. Most bills of lading specify that collect freight is payable even if the cargo does not arrive at destination

Collecting Fee

1. Fee charged by the agent to the shipowner's account for collecting the freight rate. 2. Fee payable for the collection, e .g. the collection of sea freight by the agent

Collecting Shed

Harbour sheds where general cargo is collected and then placed by the respective seagoing vessel for loading. In Hamburg, e.g. the Overseas Centre fulfils this function

Collection

A draft drawn on buyer, usually accompanied by documents, with complete instructions concerning processing for payment or acceptance

Collision

Collision of ships

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Support

Shipping Glossary

Coastwise

COCOM

COD

COGSA

Coiltainer

Collect Freight

Collecting Fee

Collecting Shed

Collection

Collision

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