| P&I Club |
|
A mutual association of shipowners who provide protection
against liabilities by means of contributions.
i)Any physical piece of cargo in relation to transport
consisting of the contents and its packing for the
purpose of ease of handling by manual or mechanical
means
ii)The
final product of the packing operation consisting
of the packing and its contents to facilitate manual
or mechanical handling
|
| Packaging |
|
Materials used for the containment, protection, handling,
delivery and presentation of goods and the activities of
placing and securing goods in those materials.
|
| Packing Instruction |
|
Document issued within an enterprise giving instructions
on how goods are to be packed.
|
| Packing List |
|
Document specifying the contents of each individual package.
|
| Pallet |
|
A platform on which goods can be stacked in order to facilitate
the movement by a fork lift or sling.
|
| Panamax Size |
|
The maximum measurements and dimensions of a vessel capable
to pass the Panama Canal.
|
| Payload |
|
The revenue-producing load carried by a means of transport.
|
| Payment Against Documents |
|
Instructions given by a seller to a bank to the effect that
the buyer may collect the documents necessary to obtain
delivery of the goods only upon actual payment of the invoice.
|
| Physical Distribution |
|
Those activities related to the flow of goods from the end
of conversion to the customer.
|
| Pier |
|
That part of a wharf which is intended for the mooring of
vessels.
|
| Pilferage |
|
Petty stealing of goods from a ship's hold, cargo shed or
warehouse.
|
| Place of Acceptance |
|
The location where a consignment (shipment) is received
by the carrier from the shipper viz. the place where the
carrier's liability for transport venture commences.
|
| Place of Delivery |
|
The location where a consignment (shipment) is delivered
to the consignee viz. the place where the carrier's liability
ends for the transport venture.
|
| Place of Despatch |
|
Name and address specifying where goods are collected or
taken over by the carrier (i.e. if other than consignor).
|
| Place of Receipt |
|
The location where a consignment (shipment) is received
by the carrier from the shipper viz. the place where the
carrier's liability for transport venture commences.
|
| Port of Call |
|
Place where a vessel actually drops anchor or moors during
a certain voyage.
|
| Port of Discharge |
|
The port where the cargo is actually discharged (unloaded)
from the sea (ocean) going vessel.
|
| Port of Loading |
|
The port where the cargo is actually loaded on board the
sea (ocean) going vessel.
|
| Precarriage |
|
The carriage of goods (containers) by any mode of transport
from the place of receipt to the port (place) of loading
into the ocean vessel (main means of transport).
|
| Precarrier |
|
The carrier by which the goods are moved prior to the main
transport.
|
| Preshipment Inspection |
|
Abbreviation: PSI
The checking of goods before shipment for the purpose of
determining the quantity and/or quality of said goods by
an independent surveyor (inspection company) for phytosanitary,
sanitary and veterinary controls.
Presently there is a tendency by developing countries to
use the inspection also for the purpose of determining whether
the price charged for certain goods is correct.
|
| Principal |
|
Person for whom another acts as agent.
|
| Pro Forma Invoice |
|
Draft invoice sent to an importer by the exporter prior
to order confirmation and shipment to assist in matters
relating to obtaining import licences or foreign exchange
allocations, or simply to advise the value of a consignment
so that letters of credit can be opened.
|
| Project Cargo |
|
Quantity of goods connected to the same project and often
carried on different moments and from various places.
|
| Proof of Delivery |
|
The receipt signed by the consignee upon delivery.
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| Proper Shipping Name |
|
A name to be used to describe particular goods on all documents
and notifications and, if appropriate, on the goods. basis
(air cargo).
|
| Protection and Indemnity Club |
|
Abbreviation: P&I club
A mutual association of shipowners who provide protection
against liabilities by means of contributions. |
