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Monday, January 21, 2013

Shipping Terms - Letter T

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

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T & E
Transfer and Entry.
T/VII
Time/Volume.
Tallyman
A person who records the number of cargo items and/or containers together with the condition thereof at the time it is loaded into or discharged from a vessel.
Tank Container (Tanktainer)
A tank, surrounded by a framework with the overall dimensions of a container designed for the transport of liquids or gasses in bulk.
Tanker
A vessel specially designed for the carriage of liquid cargo in bulk.
Tare Weight of Container
Mass of an empty container including all fittings and appliances associated with that particular type of container. 
Target Commodity
Cargo with a special sales priority; cargo to be concentrated on.
Tariff
A schedule of rates and charges offered for ocean transportation. Rules and regulations governing a particular trade are also contained in this publication. List of rules, regulations and rates applicable to specific trade lanes.
Tarpaulin
Waterproof sheet, e.g. canvas, to spread over cargo to protect it from getting wet.
Terminal
Area closely aligned to dock used to collect, store and dispatch containers and cargo.
Terms of Freight
Conditions between merchant and Carrier relating to the type of freight and charges due to the Carrier and whether these are prepaid or are to be collected.
TEU
Goto : Twenty Foot Equivalent Unit.
THC
Terminal Handling Charge. A charge assessed by the terminal for the positioning of cargo within the terminal/yard.
Tier
A horizontal division of a vessel from bottom to top, used as a part of the indication of a stowage place for containers.
Tier Rates
Rates assessed based on volumes moved.
Time Charter
A contract whereby a vessel is let to a Charterer for a determined period of time or a voyage, against a remuneration known as hire.
TLC
Truck Loading Charge.
TOFC
Goto : Trailer on Flat Car.
Ton
a. Unit of weight measurement: 1000 kilograms (metric ton) or 2,240 lbs (long ton).
b. Unit of cubic measurement, mainly used to express the cubic capacity of a vessel.
c. Unit of weight or measurement used as a basis for the calculation of freights (freight ton).
Tonnage
a. Cubic capacity of a vessel.
b. Total weight or amount of cargo expressed in tons.
Top Handlers
Equipment that loads/unloads containers at container yard.
TOS
Terms Of Sale (i.e., FOB / CIF / FAS etc.)
Tracing
The action of retrieving information concerning the whereabouts of cargo and equipment.

Track Trace
More info
Tracking
The function of maintaining status information, including current location, of cargo and containers, whether full or empty.
Trading House
Consortium of buyers/sellers of various commodities at high volume.
Trailer
A vehicle without propulsion, designed for the carriage of cargo to be towed by a truckhead. Container and chassis as one unit.
Trailer on Flat Car (TOFC)
Carriage of piggyback highway trailers on specially equipped railway wagons.
Tramp Vessel
A vessel not operating under a regular schedule.
Transit Time
Time vessel takes moving from one port to another.
Transloading
Taking cargo from one vessel and loading it into another for further on-carriage.
Transshipment
Transfer; A shipment under one Bill of Lading, whereby the ocean transport consists of two or more parts, and where the shipment is transferred from one vessel to another.
TRC
Terminal Receiving Charge. Charge assessed by the terminal for cargo being delivered for export.
Tri-axle
A third axle used for supporting additional weight.
Trucker’s Depot
Where trucks load/unload cargo.
Tug Boats
Boats used to guide & tow vessels in/out of port.
TVC
Time Volume Contract. Contract between customer and Carrier; written agreement between Carrier and customer for specified rate, volume, and service level by Carrier over an agreed time.
Tween Deck
Deck below the main deck.
Twenty Foot Equivalent Unit (TEU)
Unit of measurement equivalent to one twenty foot container.
Twin-Lift Spreader
Spreader able to pick up either, two 20 ft ISO containers at the same time, or one 40 ft container.
Twistlock
Device which has to be inserted into the corner fittings of a shipping container and is turned or twisted, thus locking the container for the purpose of securing or lifting.
Tags: Glossary, Dictionary, Explained, Define, Meaning, Description.
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