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Sunday, January 6, 2013

Shipping Terms - Letter E

Glossary
of
Maritime, Shipping and Commercial Terms,
Expressions, Abbreviations, Measuring Units, etc.
Dictionary of Shipping Terms

A B C D E F G H I J K L M N O P Q R S T U V W Y Z 


EAN
EAN barcodes are used when the country origin needs to be known. There are 13 digits in EAN 13 where the first two characters are used to define the country of origin,. the next ten are data, followed by the checksum. Both 2 and 5 digit supplementals are also supported.
EAN8
EAN barcodes are used when the country origin needs to be known. There are 8 digits in EAN 8 where the first two characters are used to define the country of origin,. the next 5 are data, followed by the checksum. Both 2 and 5 digit supplementals are also supported.

Earnings
Income after a companyґs taxes and all other expenses have been paid. Also called profit or net income.
ECD
Empty Container Depot.
Economic Value Added (EVA)
Measuring Shareholder value as a companyґs operating profits after tax, less a charge for the capital used in creating the profits.  EVA is a registered trademark of Stern & Co. in the U.S.

ECU
European Currency Unit.
EDI
Goto : Electronic Data Interchange.
EDP
Goto : Electronic Data Processing.
EDR
Equipment Damage Receipt
EIR
Goto : Equipment Interchange Receipt.
Elcee (L/C)
Goto : Letter of Credit.
Electronic Data Interchange (EDI)
Document transfer by computer to computer from one company to another.
Electronic Data Interchange for Administration, Commerce and Transport (EDIFACT)
The ISO application level syntax rules for the structuring of user data and of the associated service data in the interchange of messages in an open environment.
Electronic Data Processing (EDP)
The computerised handling of data (e.g. business data).
Embargo
A government order prohibiting the entry or departure of commercial vessels or merchandise at its ports.
Endorsement
The transfer of the right to obtain delivery of the goods from the Carrier by means of the Consignee's signature on the reverse side of a Bill of Lading.
Equalisation
Compensation for additional charges incurred by the Shipper for delivering cargo to port designated by the Carrier other than the closest port to the supplier.
Equipment Interchange Receipt (EIR)
Physical inspection and transfer receipt of a container.
Error List
Report showing discrepancies (errors) in data input.
ETA
Estimated Time of Arrival.
ETC
Equipment Transfer Charges
ETD
Estimated Time of Departure
ETS
Expected Time of Sailing
Ex  Works (EXW)
means that the seller delivers when he places the goods at the disposal of the buyer at the seller's premises or another named place (i.e. works, factory, warehouse, etc.) not cleared for export and not loaded on any collecting vehicle.  This term thus represents the minimum obligation for the seller, and the buyer has to bear all costs and risks involved in taking the goods from the seller's premises.
Exemption Clause
A clause in a contract relieving the Carrier from responsibility for certain events.
Export Dec.
Export Declaration (Shippers) Bureau of Census document which spells out shipment details for entry to government statistical system. Documents for export shipping declaring value of cargo to U.S. Customs.
Export Documents
The documents required to export a shipment.
Extra Loader
Additional vessel brought into schedule to cater for e.g. seasonal fluctuations.

EXW
Goto : Ex Works
EZC
European Zone Charges
Tags: Glossary, Dictionary, Explained, Define, Meaning, Description.
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