Sea transport is one of the most popular methods today, used by many businesses to serve import-export activities. The sea route is a suitable route for most goods and products on the market today, except for those with special properties. Therefore, sea transportation is of great importance in the domestic and international trade and exchange of goods. However, newbies when learning about the industry will have difficulty because there are many new terms. So today we will join you to learn about common terms in sea transportation!
Arrival notice – Notice of arrival of goods
A document sent by a shipping company to the consignee about the arrival of the goods at the port of discharge.
As carrier: The role of a carrier
This is a phrase indicating the role of the company that receives the freight and is responsible for the shipper.
B/L (Bill of Lading) – Bill of Lading
B/L is a document provided by the shipping line to the shipper, after booking. B/L must show the information about the goods. Must be signed by an authorized representative of the carrier, consignor and consignee.
Booking Confirmation: Booking Confirmation
A document sent by the shipping company to the shipper or agent to confirm the reservation on the ship.
CFS (Container Freight Station) – LCL container yard (CFS Warehouse)
Every time there is an import/export odd shipment, the Consol/Forwarder companies have to unload the goods from the container into the warehouse or vice versa and they charge CFS.
CY (Container Yard) – Container yard
All container yards are located in seaports or inland ports. This is the area used to store FCL containers that have been unloaded from the cargo ship or the containers before being loaded onto the ship.
COD (Change of Destination)
It is the surcharge collected by the shipping company to offset the costs incurred in case the goods owner requests to change the destination port, such as: loading and unloading fee, transfer fee, container storage fee, road transportation …
Closing time / Cut-off time: Time to cut trough
Is the deadline that the shipper needs to bring the container to the port to load the container on the ship.
Co-loading / Co-loader
Co-loading is a forwarder sending goods through a carrier, possibly another forwarder or a consolidator (Consolidator) to transport to the destination.
The forwarder’s consignee is called the Co-loader.
Connection vessel / Feeder vessel: Connection vessel / Feeder vessel
It is a container ship that runs an intermediate route to connect with the main route carried by the mother vessel.
Certificate of Origin (CO): Certificate of Origin
A certificate of origin is a document that shows the origin of goods produced in a territory, or country.
