Shipping Glossary

E-H

E

Equipment Handover Agreement – acknowledging the condition of the carrier’s equipment when taking over and returning it, incorporating contractual terms under which the equipment is taken over.

ETA

Estimated Time of Arrival – indicates the estimation of the date/hour the carrier believes the cargo, vessel or container will arrive at a nominated point/port.

ETD

Estimated Time of Departure – indicates the estimation of the date/hour the carrier believes the cargo, vessel or container will leave a nominated point/port.

Ex-Works (EXW)

An Incoterm when the sellers only responsibility is to make the goods available at his premise for pickup.

 

 

F

FAK

Freight All Kinds – refers to the full container loads of mixed shipments for different consignees.

FCL

Full Container Load – an arrangement whereby the shipper utilizes all the space in a container.

Feeder Vessel

A short-sea vessel used to fetch and carry goods and containers to and from deep-sea ports/vessels.

Flat Rack

Container bottom specifically for heavy lifts and over width cargoes.

FOB

Free On Board – An Incoterm where the seller is responsible for all costs up to loading the ship at named port.

Freight

The amount of money payable for the carriage of goods.

 

 

G

GRP

Groupage - refers to the full container loads of mixed shipments for different consignees.

GOH

Garments On Hanger container used to transport garments and other hanging product. Available in 20’ and 40’ sizes.

Groupage

Consolidation of several LCL Consignments into a container for difference consignees.

GP

General Purpose – a closed steel container for the carriage of all types of general. 20’ and 40’ available in GP.

GST

Goods and Service

 

 

H

Harmonised System

The Harmonized Commodity Description and Coding System (or Harmonized System, HS) is a system for classifying goods in international trade, developed under the auspices of the Customs Cooperation Council.

Hazchem Code

Hazardous chemical code placed on tankers carrying dangerous chemicals.

HC - Hi-Cube

Is a container which is higher than a General Purpose Container – Available in both 20’ and 40’ size and is most common on the Australian Coastal and Australia-New Zealand Trade Lanes.

HBL - House Bill of Lading

Issued by a freight forwarder or consolidator covering a single shipment containing the names, addresses and specific description of the goods shipped.

HAWB – House Airway Bill

Issued by a freight forwarder – although similar to a Bill of Lading it does not confer title in goods and therefore does not have the same legal standing as Bill of Lading.