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The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
Cranes on a LoLo vessel Flora Delmas, a LoLo vessel Container with a crane on it. Lift-on/lift-off (LoLo, sometimes LOLO, LO/LO or Lo/Lo) [1] ships are cargo ships with on-board cranes to load and unload cargo.
Some terms may be used within other English-speaking countries, or within the freight industry in general (air, rail, ship, and manufacturing). For example, shore power is a term borrowed from shipping terminology, in which electrical power is transferred from shore to ship, instead of the ship relying upon idling its engines.
Shipping containers at the Port Newark-Elizabeth Marine Terminal in New Jersey, US A container-goods train on the West Coast Main Line near Nuneaton, England Double-stack Union Pacific container train crossing the desert at Shawmut, Arizona An ocean containership close to Cuxhaven, Germany A container ship being loaded by a portainer crane in Copenhagen Harbor, Denmark.
The use of standardized steel shipping containers began during the late 1940s and early 1950s, when commercial shipping operators and the US military started developing such units. [18] In 1948 the U.S. Army Transportation Corps developed the "Transporter", a rigid, corrugated steel container, able to carry 9,000 pounds (4,100 kg).
In a time-charterparty or voyage-charterparty, if the charterer is shipping his own cargo (rather than the cargo of a third party) he will receive a bill of lading from the master, acting as agent of the shipowner; but that B/L will serve solely as a receipt and document of title, and its terms will (subject to contrary intent) be secondary to ...
The maker of Tide Pods is recalling 8.2 million bag packages of the product because they may be defective, causing them to come open and granting access to the pods themselves.
Large investments were made in intermodal freight projects. An example was the US$740 million Port of Oakland intermodal rail facility begun in the late 1980s. [2] [3] Since 1984, a mechanism for intermodal shipping known as double-stack rail transport has become increasingly common. Rising to the rate of nearly 70% of the United States ...