General Terms

• SHIPOWNER
• AGENCY : The institution which represents the ship owner in any port.
• NVOCC : ‘’Non Vessel Operating Common Carrier’’
• CO-LOADER : The forwarder who transports the goods by consolidating them together with other forwarder’s goods
• FORWARDER : The organizer company which has an active agency net for road ,air , sea, railway transportation, deals with custom and insurance operations.
• BILL OF LADING (B/L) : Sea transport bill of lading

  •       a. Master B/L  

•       b. House B/L  

•       CHARTER TAŞIMA : The transport by renting the whole ship or renting a part (part cargo). 

•       CHARTER PARTY : .The name given to the agreement made between the ship owner and transporter.

•       BULK LOADING : Pouring loading in conventional transport.   

•       BROKER : The broker between the ship owner and the shipper. 

•       RO-RO TRANSPORTATION : The transportation with the ships carrying vehicle ,treyler or container.

Loading Unloading Terms 

•       FREE IN (FI)    : The charging expenses in the port. 

•       FREE OUT (FO): The discharging expenses in the port. 

•       LINER IN (LI)   : Charging expenses belonging to the ship owner. 

•       LINER OUT (LO): Discharging expenses belonging to the ship owner. 

•       STUFFING        : Stowing , setting the cargo to the container. 

•       UNSTUFFING   : Discharging the container. 

•       STEVEDORING : The service of charging and discharging the ship. 

Port Terms 

•       STORAGE : The storage in the port / warehouse.

•       DEMURAGGE : The exceed of time given to the ship for charge and discharge or not clearing the good waiting inside the container from the custom in the permitted time.

•       FREE TIME : The time good can wait before demurage. Demurage will occur over time.

•       THC : (Terminal Handling Fee) : The handling rate in the port.

•       TEMPORARY ACCEPTANCE : The containers are in the status of goods dependent to the customs according to the custom body of current law in Turkey. For this reason this is the custom fee if a container is coming out from a custom field or coming back to the port. 

Terms Of Freight 

•       CAF: (Currency Adjustment Factor) The fluctuation addition of American Dollar to the freight.

•       BAF : (Bunker Adjustment Factor) The additional charge of fuel oil price fluctuations in an obvious ratio to overseas transport.

•       PRIMAGE : The extra rate used to decrease the risk of the ship owner applied on export freights generally from Turkey.

•       WAR RISK SURCHARGE (WRS) : The additional charge to the freight of the voyages to the ports having war risk.

•       HIGH CUBE SURCHARGE :  :The additional rate for High Cube container.

•       IMCO CHARGE : The additional rate the ship owner demand for dangerous material’s transportation