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Shipping Glossary

Support

Shipping Glossary

Total 1738

Collection

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

Collision

Collision of ships

Collision Compensation

The collision compensation is part of the hull insurance. The insurance pays a compensation for damages caused by a shipowner and/or his ship during collision with fixed or movable objects

Coltainer

Collapsible container

Combination Export Mgr.

A firm that acts as an export sales agent for more than one non-competing manufacturer

Combination Passenger and Cargo Ships

Ships with a capacity for 13 or more passengers

Combined B/L

Covers cargo moving over various transports

Combined Call

Calling at a port in which cargo is loaded and unloaded

Combined Transport

Container transport realised by at least two different carriers between two different places

Combined Transport Operator

Main carrier in case of combined transport operating at least two different means of transport. He issues the combined transport B/L and assumes responsibility for the entire transport as well as the liability for the whole route of transport for the customer


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