Terms used in shipping such as General License,General License CREW,General License-GFW,General License-GLOG etc.
This post explains about terms used in shipping such as General License,General License CREW,General License-GFW,General License-GLOG,General License-G-NGO , General License-GLV ,General License-Safeguards,General Order,General Sales Manager etc.These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
Terms used in shipping
General License - These are licenses, authorized by the Bureau of Export Administration, that permit the export of goods and technology to specified countries without the need for a validated license. No prior written authorization is required and no individual validated license is issued. There are over twenty different types of general licenses, each represented by a symbol. The reason so many general licenses exist is to accommodate the various exporting situations that the Bureau of Export Administration has determined should not require an Individual Validated License. These licenses include:- General License BAGGAGE; - General License CREW - General License GATS; - General License GCG; - General License GCT; - General License G-DEST; - General License GFW; - General License GIFT; - General License GIT; - General License GLOG; - General License GLR; - General License GLV; - General License G-NGO; - General License G-NNR - General License GTDA; - General License GTDR; - General License G-TEMP; - General License GTF-U.S.; - General License GUS; - General License GVN; - General License PLANE STORES; - General License RCS; - General License SAFEGUARDS; and - General License SHIP STORES.
General License CREW - With limitations, General License CREW authorizes a member of the crew on an exporting carrier to export personal and household items among his/her effects.
General License-BAGGAGE - With limitations, General License BAGGAGE authorizes individuals leaving the United States for any destination to take with them as personal baggage the following items: personal effects, household effects (including personal computers), vehicles, and tools of the trade (including highly technical ones), provided that certain conditions concerning these items are complied with by the exporter.
General License-GATS - With limitations, General License GATS (Aircraft on Temporary Sojourn) authorizes the departure from the United States of foreign registry civil aircraft on temporary sojourn in the United States and of U.S. civil aircraft for temporary sojourn abroad.
General License-GCG - With limitations, General License GCG (Shipments to Agencies of Cooperating Governments) authorizes the export of commodities for official use of any agency of a cooperating government within the territory of the cooperating government.
General License-GCT - With limitations, General License GCT authorizes exports to eligible countries of all "A" level commodities, except those specifically excluded in certain Export Control Commodity Numbers (ECCNs) on the Commodity Control List, to CoCom and CoCom participating countries. Exports may be made under GCT only when intended for use or consumption within the importing country, reexport among and consumption within eligible countries, or reexport in accordance with other provisions of the Export Administration Regulations.
General License-G-DEST - With limitations, General License shipments of commodities to destinations not requiring a validated license. The majority of all items exported fall under the provisions of General License G-DEST.
General License-GFW - With limitations, General License GFW authorizes exports to most free-world destinations of certain commodities subject to national security controls. In most cases, these commodities have performance characteristics that permit the United States to approve exports to controlled countries with only notification to other CoCom governments.
General License-GIFT - Subject to various provisions and limitations, General License GIFT authorizes the export of gift parcels by an individual in the United States.
General License-GIT - With limitations, General License GIT (intransit shipments) authorizes the export from the United States of commodities that originate in one foreign country and are destined to another foreign country.
General License-GLOG - With limitations, General License GLOG authorizes the export of unprocessed western red cedar timber harvested from Federal, State and other public lands in Alaska, all private lands, and land held in trust for recognized Indian tribes by Federal or State agencies.
General License-GLR - Subject to various provisions, General License GLR authorizes the return or repair of commodities and the replacement of parts.
General License-GLV - With limitations, General License GLV authorizes a "single shipment" of a commodity when the shipment does not exceed the value limit specified in the GLV paragraph of the ECCN.
General License-G-NGO - With limitations, General License G-NGO authorizes non-governmental, non-profit organizations to export donated items necessary to carry out small-scale humanitarian projects in Vietnam.
General License-GTDA - General License GTDA authorizes exports to all destinations of technical data that are in the public domain and generally available.
General License-GTDR - When exporting technical data to free world destinations and the information does not qualify under GTDA and an IVL is not required, an exporter may use GTDR. Certain GTDR shipments must be accompanied by a written assurance from the foreign consignee stating that neither the technical data nor the direct product thereof will be shipped to Country Groups Q, S, W, Y, Z, or the People's Republic of China. Lower level technology may be shipped without written assurance; this is generally referred to as "GTDU".
General License-G-TEMP - Subject to conditions and exceptions, General License G-TEMP authorizes the temporary export of commodities and software for temporary use abroad for a period generally not to exceed 12 months.
General License-GTF-U.S. - With limitations, General License GTF-U.S. authorizes the export of commodities that were: (1) imported into the United States for display at an exhibition or trade fair; and (2) either entered under bond or permitted temporary free importation under bond providing for their export and are being exported in accordance with the terms of such bond.
General License-GUS - With limitations, General License GUS authorizes the export to any destination of commodities and software for personal or official use of personnel and agencies of the U.S. Government.
General License-GVN - General License GVN allows exports to Vietnam of low-level items to be used by the exporter to open offices or do feasibility studies in connection with contracts to be executed after lifting of the embargo. The exporter must have obtained a license form the Treasury Department for the activities.
General License-Plane Stores - With limitations, General License-Plane Stores authorizes the export on aircraft of U.S. or foreign registry departing from the United States of usual and reasonable kinds and quantities of commodities necessary to support the operation of an aircraft, provided the commodities are not intended for unlading in a foreign country and are not exported under a bill of lading as cargo.
General License-Safeguards - With limitations, General License-Safeguards authorizes exports to the International Atomic Energy Agency (IAEA) and the European Atomic Energy Community (EURATOM).
General License-Ship Stores - With limitations, General License-Ship Stores authorizes the export of usual and reasonable kinds and quantities of the commodities to support the operations of a vessel, provided the commodities are not intended for unlading in a foreign country and are not exported under a bill of lading as cargo.
General Order (G.O.):When U.S. Customs orders shipments without entries to be kept in their custody in a bonded warehouse.
GENERAL ORDER WAREHOUSE:A government contract warehouse for the storage of cargoes left unclaimed for a designated number of days after availability. Unclaimed cargoes may later be auctioned publicly.
General Sales Manager - Under two programs -- GSM-102 and GSM-103 -- the Agriculture Department's Commodity Credit Corporation provides guarantees for the repayment of commercial credit extended to finance U.S. agricultural export sales. The programs differ principally in the length of their terms of coverage. The GSM-102 program (for General Sales Manager) provides coverage for terms extending from six months to three years. Guarantees are extended to U.S. banks confirming foreign letters of credit issued to assist foreign importers who wish to buy U.S. exports and to help primarily developing countries which may face difficulties in obtaining a loan. The GSM-103 program provides coverage for terms extending from 48 months to ten years. Guarantees are extended foreign importers who wish to buy U.S. exports and to help primarily developing countries which may face difficulties in obtaining a loan.
The above details describes about terms called in shipping such as General License,General License CREW,General License-GFW,General License-GLOG,General License-G-NGO ,General License-GLV ,General License-Safeguards,General Order,General Sales Manager etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in shipping business below this post.Terms used in shipping such as Gateway,GATT Panel,GDSM,Gencon,General Average Clause etc.
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