Sea transport is one of the most popular methods today, used by many businesses to serve import-export activities. Seaway is the route suitable 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.
In the previous article, we have learned some basic terms in sea transportation. This article will continue to provide you with terms commonly used in ocean freight.
Delivery Order: Delivery Order
Is a document issued by the shipping company when the ship arrives at the port and issued to the consignee to carry out the procedures to pick up the goods at the port.
Detention (DET): Container storage fee at a private warehouse
This is the charge for storing the shell at the customer’s own warehouse after the container is towed. If the number of free days is exceeded, but the customer has not returned the shell to the shipping company, it will be charged for storing the shell.
Demurrage (DEM): Container storage fee at the port
This is the fee for storing containers at the port’s yard from the date the ship arrives at the port, after the number of free days has expired according to the shipping company’s policy.
ETA (Estimates Arrival) – Estimated date of arrival at the port of destination
ETA is the expected date and time that the shipment will arrive at the port of destination. This destination depends entirely on the terms of delivery but is generally used to reflect the name of a seaport or airport. The mode of transportation can be air, sea or inland transportation such as train or truck.
ETD (Estimated Department) – Expected departure date
ETD is the estimated date and time of departure of the shipment. This time will be based on the journey information of the means of transport, provided by the carrier based on many factors such as: vehicle speed, weather, previous journey of the means of transport
FCL (Full Container Load) – Full container cargo
FCL is full container loading, the shipper and consignee are responsible for packing and unloading the goods from the container. When the shipper has a uniform volume sufficient to fill a container or containers, one or more containers is rented to ship the goods.
LCL (Less than Container Load) – Retail
LCL is a method of transporting goods when the goods owner does not have enough goods to pack a full container, but needs to combine with a number of other shippers’ lots.
