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Shipping Term Description

 

Rate   i)The price of a transport service

ii)Quantity, amount or degree measured or applied

Rebate   That part of a transport charge which the carrier agrees to return.
Receipt   A written acknowledgement, that something has been received.
Reefer Cargo   Cargo requiring temperature control.
Reefer Container   A thermal container with refrigerating appliances (mechanical compressor unit, absorption unit etc.) to control the temperature of cargo.

Regroupage   The process of splitting up shipments into various consignments (degroupage) and combining these small consignments into other shipments (groupage).

Release Order   A document issued by or on behalf of the carrier authorising the release of import cargo identified thereon and manifested under a single Bill of Lading.
Roll-on Roll-off   Abbreviation: RoRo
System of loading and discharging a vessel whereby the cargo is driven on and off by means of a ramp.

Route   The track along which goods are (to be) transported.
Routing   i)The determination of the most efficient route(s) that people, goods, materials and or means of transport have to follow

ii)The process of determining how a shipment will be moved between consignor and consignee or between place of acceptance by the carrier and place of delivery to the consignee

iii)The process of aiding a vessel's navigation by supplying long range weather forecasts and indicating the most economic and save sailing route

news

UTVi Shipping News
NDTV Profit - Shipping News
Shipping News from India News Online

 

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