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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Gross tonnage is calculated by measuring a ship's volume (from keel to funnel, to the outside of the hull framing) and applying a mathematical formula. Gross tonnage ( GT, G.T. or gt) is a nonlinear measure of a ship's overall internal volume. Gross tonnage is different from gross register tonnage. [ 1]
Loaded displacement is the weight of the ship including cargo, passengers, fuel, water, stores, dunnage and such other items necessary for use on a voyage. These bring the ship down to its "load draft". [ 8] Full load displacement and loaded displacement have almost identical definitions. Full load is defined as the displacement of a vessel ...
Perhaps the largest scam on eBay is the scam of shipping a falsely advertised item. Examples include fake, counterfeit, broken, or damaged items. “As with most things, if it’s too good to be ...
Net tonnage ( NT, N.T. or nt) is a dimensionless index calculated from the total moulded volume of the ship's cargo spaces by using a mathematical formula. Defined in The International Convention on Tonnage Measurement of Ships that was adopted by the International Maritime Organization in 1969, the net tonnage replaced the earlier net register ...
Tonnage. Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship. Although tonnage (volume) should not be confused ...
Used mainly to determine the minimum water depth for safe passage of a vessel and to calculate the vessels displacement (obtained from ships stability tables) so as to determine the mass of cargo on board. Draft, Air – Air Draft/Draught is the distance from the water line to the highest point on a ship (including antennas) while it is loaded ...
A good's price elasticity of demand ( , PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good ( law of demand ), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent ...