Shipping Glossary
COMMON SHIPPING TERMS
FMC | |
Federal Maritime Commission (Control of Shipping acts USA) | |
FTL | |
Full Truck Load, an indication for a truck transporting cargo directly from supplier to receiver. | |
Factory Delivery | |
The delivery of goods by a factory whereby the goods are put at the disposal of another (internal) party such as a commercial department. | |
Feeder | |
A vessel normally used for local or coastal transport (for carriage of cargo and/or containers) to and from ports not scheduled to be called by the main (ocean) vessel, directly connecting these ports to the main (ocean) vessel. | |
Flag | |
An indication of the country in which a means of transport is registered through a reference to the ensign of this country. | |
Flammable | |
Capable to be set on fire under given circumstances. (Amendment 25 IMO DGS). | |
Flash Point | |
The lowest temperature at which a good produces enough vapour to form a flammable mixture with air. | |
Flat Rack Container | |
A container with two end walls and open sides. | |
Fleet | |
Any group of means of transport acting together or under one control. | |
Force Majeure | |
Circumstance which is beyond the control of one of the parties to a contract and which may, according to the terms and conditions, relieve that party of liability for failing to execute the contract. | |
Fork Lift Truck | |
A three or four wheeled mechanical truck with forks at the front designed for lifting, carrying and stowing cargo. | |
Forty Foot Equivalent Unit | |
Abbreviation: FEU | |
Unit of measurement equivalent to one forty foot container. | |
Forwarder | |
The party arranging the carriage of goods including connected services and/or associated formalities on behalf of a shipper or consignee. | |
Forwarding Charge | |
Charges paid or to be paid for preliminary surface or air transport to the airport of departure by a forwarder, but not by a carrier under an Air Waybill (air cargo). | |
Forwarding Instruction | |
Document issued to a freight forwarder, giving instructions to the forwarder for the forwarding of goods described therein. | |