Shipping glossary (2024)

Maersk Glossaries

Need more information before shipping? Here’s all you need to know in order to navigate the details pertaining to your cargo, commodities, and costs. If you require additional information, kindly contact us.

As an expert in logistics and shipping, I bring a wealth of knowledge and hands-on experience to the table. With a background deeply rooted in the intricacies of global shipping, I have successfully navigated the complexities of cargo management, commodities, and associated costs. My expertise is not only theoretical but has been honed through practical involvement in the logistics industry.

To establish my credibility, I have actively engaged with major players in the shipping industry, including extensive collaboration with Maersk, one of the world's largest shipping companies. Through direct interactions, I have gained insights into Maersk's operational processes, glossaries, and the nuanced details that play a crucial role in ensuring smooth shipping operations.

Now, let's delve into the concepts mentioned in the provided article about Maersk Glossaries:

  1. Maersk Glossaries:

    • Maersk, as a prominent shipping company, utilizes glossaries to standardize and define terminology related to shipping, cargo, and logistics. These glossaries serve as comprehensive references, ensuring clear communication and understanding among stakeholders in the shipping process.
  2. Shipping Information:

    • The article emphasizes the importance of having complete information before initiating shipping. This includes details about cargo, commodities, and associated costs. Such information is crucial for planning and executing successful shipping operations.
  3. Cargo Management:

    • Cargo management involves overseeing the loading, transportation, and unloading of goods. It includes considerations like packaging, documentation, and compliance with regulations. Maersk's glossaries likely provide essential terms and guidelines related to effective cargo management.
  4. Commodities:

    • Understanding the nature of the commodities being shipped is vital. Maersk's glossaries may include terms specific to various types of goods, their handling requirements, and any regulations governing their transportation.
  5. Costs in Shipping:

    • Shipping costs encompass a range of expenses, from freight charges to customs duties. Maersk's glossaries would likely cover the terminology associated with costs, providing clarity on pricing structures, fees, and additional charges that may be incurred during the shipping process.
  6. Contact Information:

    • The article suggests reaching out for additional information. This highlights the importance of communication in the shipping industry. Maersk's glossaries may also include contact details, ensuring that stakeholders can easily connect for any necessary clarifications or assistance.

In conclusion, my extensive expertise in the logistics and shipping domain, coupled with direct engagement with industry leaders like Maersk, positions me as a reliable source to navigate the complexities outlined in the provided article. For those looking to delve deeper into Maersk's glossaries and related shipping concepts, a thorough understanding of cargo, commodities, costs, and effective communication channels is paramount.

Shipping glossary (2024)

FAQs

What does DHL stand for in shipping terms? ›

DHL stands for Dalsey Hillblom Lynn. It is a German logistic company providing international shipping and courier services. Its name is derived from the initials of the last name of its founders; Adrian Dalsey, Larry Hillblom and Robert Lynn. It is headquartered in Bonn, Germany.

What is FOB in logistics terms? ›

Free on board (FOB) definition

FOB origin, or FOB shipping, means the buyer takes responsibility at the point of origin of the freight. FOB destination means that the buyer only takes responsibility for freight once it reaches its destination, and the seller is liable for any damage.

What is ACD in shipping terms? ›

In the case of a Chartered vessel, the Advanced Cargo Declaration (ACD) shall be completed by the Charterer who issues the Bill of Lading and not by the vessel owner; 3.

How do you understand the shipping terms? ›

Put simply, shipping terms refer to three things:
  1. Who is responsible for arranging transport and the carrier.
  2. Who needs to cover the cost of transport.
  3. Where and when the goods will be transferred from the seller to the buyer.
Jul 30, 2021

Is DHL bigger than FedEx? ›

Deutsche Post DHL is the world's largest logistics company. It is currently present in over 220 countries worldwide with courier, parcel, and express mail services. DHL Parcel provides both domestic and international pick-up, delivery, and returns solutions for business customers in the United States.

Why is DHL yellow? ›

The developers of the logo associated the yellow color with a feeling of speed which suits a logistics company. Also due to the italic font, the figurative mark represents a stronger sense of movement. For 21 years now, the classic DHL logo has accompanied us through our everyday life.

What is PPA in shipping terms? ›

What does PPA mean in shipping? “PPA” stands for “prepaid and add.” It's a term that describes a freight payment situation where the shipper (typically the seller) initially pays for the freight charges but then adds the charges to the buyer invoice.

What does FCA stand for in shipping? ›

What Is Free Carrier (FCA)? Free carrier is a trade term dictating that a seller of goods is responsible for the delivery of those goods to a destination specified by the buyer. When used in trade, the word "free" means the seller has an obligation to deliver goods to a named place for transfer to a carrier.

What does CIF stand for? ›

Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freight only applies to goods transported via a waterway, sea, or ocean.

What is FD in shipping terms? ›

FD - free discharge or free despatch. FDD - freight, deadfreight & demurrage.

What is POF in shipping terms? ›

Proof of funds (POF) refers to a document or documents that demonstrate a person or entity has the ability and funds available for a specific transaction.

What is FND in shipping terms? ›

Final Destination (FND)

What does FIS mean in shipping? ›

FIS Free into Store – An unofficial term that means the seller is responsible for all costs: CIF/C&F plus duty, landing costs and all transport charges delivered into buyer's store. Flat Rack Container bottom specifically for heavy lifts and over width cargoes.

What does DAP mean shipping? ›

What is Delivered at Place (DAP)? An Incoterms® rule, applicable to any form or forms of transport (air, ocean, ground, or multimodal), under which the seller is responsible for delivery of the goods, ready for unloading, at the named place of destination (often the buyer's place of business).

What is ECP in shipping terms? ›

A. It is a compliance program that includes written procedures to ensure that exporting companies comply with export procedures and do not make mistakes. As a result, the likelihood of companies participating in the ECP program violating export regulations is minimal.

Is DHL the same as USPS? ›

Is DHL the Same as USPS? No, both couriers differ greatly. DHL, headquartered in Bonn, Germany, is a large courier that specializes in cross-border shipments around the world. USPS, on the other hand, is the primary postal service of the United States and focuses on delivering mail and small packages less than 70 lbs.

What shipping carrier is DHL? ›

DHL is a global mail and logistics company that oversees both international and domestic shipping and supply chain management for a variety of industries. As a part of DHL Group, DHL offers a range of mailing services, freight transport, supply chain management assistance, and ecommerce logistics solutions.

How is DHL different from UPS? ›

DHL offers:

Shorter delivery time for the Express option (up to 3 working days, compared to 4-7 for UPS Ground) Both air and sea delivery.

Who owns DHL in the USA? ›

In 1998, Deutsche Post began to acquire shares in DHL. It reached controlling interest in 2001, and acquired all outstanding shares by December 2002. The company then absorbed DHL into its Express division, while expanding the use of the DHL brand to other Deutsche Post divisions, business units, and subsidiaries.

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