Terms used in shipping such as deadweight,deck cargo,deck log,deck gang, decking, deckhand etc.
This post explains about terms used in shipping such as deadfreight ,deadweight cargo,deadweight,deck cargo,deck log,deck gang, decking, deckhand, deconsolidation point 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
Deadfreight - Amount of money payable by a shipper or charterer to a shipowner or shipping line for failing to load the quantity of cargo stipulated in the contract of carriage. Deadfreight is normally payable at the full freight rate but may be reduced by the loading and/or discharging expenses if these were included in the freight.
DEADFREIGHT FACTOR:Percentage of a ship’s carrying capacity that is not utilized.
deadhead: When a truck returning from a delivery has no return freight on the back haul, it is said to be in deadhead.
Dead-head:A portion of a transportation trip in which no freight is conveyed; an empty move. Transportation equipment is often dead-headed because of imbalances in supply and demand. For example, many more containers are shipped from Asia to North America than in reverse; empty containers are therefore dead-headed back to Asia.
Deadhead:One leg of a move without a paying cargo load. Usually refers to repositioning an empty piece of equipment.
Deadweight (D.W.):The number of tons of cargoes, stores and bunker fuel a ship can carry and transport. Also see "Deadweight Tonnage".
Deadweight (DWT) - It is the total weight of cargo, stores and bunkers that a vessel can lift when loaded to maximum draught as applicable under the circumstances. It is expressed in tons.
Deadweight Cargo - Cargo of one metric ton which measures one cubic meter or less. Freight on deadweight cargo is generally payable on the weight, that is, per metric ton.
Deadweight Cargo:A long ton of cargo that can be stowed in less than 40 cubic feet.
Deadweight Cargo:Also referred to as weight cargo. Cargo weighing one ton (1000 kilos/2240 lbs.), but measuring less than a measurement ton (35.314 cubic meters/or 40 cubic feet). Freight generally will move on weight.
Deadweight Tonnage (D/W):The number of total weight tons of cargoes, stores and bunker fuel that a vessel can carry and transport. It is the difference between the number of tons of water a vessel displaces "light" and the number of tons it displaces when submerged to the "load line."
Deadweight tonnage (DWT):A measure of how much weight a ship is carrying or can safely carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew.
DEADWEIGHT/DWAT/DWCC:A common measure of ship carrying capacity. The number of tons (2240 lbs.) of cargo, stores and bunkers that a vessel can transport. It is the difference between the number of tons of water a vessel displaces “light” and the number of tons it displaces “when submerged to the ‘deep load lineÆ”. A vessel’s cargo capacity is less than its total deadweight tonnage. The difference in weight between a vessel when it is fully loaded and when it is empty (in general transportation terms, the net) measured by the water it displaces. This is the most common, and useful, measurement for shipping as it measures cargo capacity.
Deadweight:Difference between a ship’s loaded and light displacement weight, consisting of the total weight of the vessels cargo, fuel, fresh water, stores and crew which a ship can carry when immersed in to a particular load line, normally her summer line.
Deadweight:The number of long tons that a vessel can transport of cargo, supplies and fuel. It is the difference between the number of tons of water a vessel displaces “light” (empty) and the number of tons it displaces when submerged to the “load line”.
Debt Swaps - See: Swaps.
DEC - District Export Council
deck barge: Transports heavy or oversize cargoes mounted to its top deck instead of inside a hold. Machinery, appliances, project cargoes and even recreational vehicles move on deck barges.
Deck Cargo - Cargo carried on, and secured to, the open deck of a ship. Cargoes traditionally carried on deck include dangerous goods, timber and goods, which are too large for the hatchway. Consideration needed when contemplating carrying cargo on deck are: the strength of the deck, the strength of the hatch covers if cargo is stowed on the top of them, the safety of the crew and their ability to go from one part of the ship to another, the need to ensure that cargo is not stacked so high as to impede navigation. Deck cargoes are carried at the risk of the charterer, shipper or Bill of Lading holder, as the case may be.
Deck Cargo - It is a cargo carried on deck rather than within the enclosed cargo spaces of a vessel.
DECK CARGO:Cargo carried on deck rather than stowed under deck. On-deck carriage is required for certain commodities, such as explosives.
DECK GANG:The officers and seamen comprising the deck department aboard ship. Also called deck crew, deck department, or just deck.
DECK HOUSE:Small superstructure on the top deck of a vessel that contains the helm and other navigational instruments.
DECK LOG:Also called Captain’s Log. A full nautical record of a ship’s voyage, written up at the end of each watch by the deck officer on watch. The principal entries are: courses steered; distance run; compass variations, sea and weather conditions; ship’s position, principal headlands passed; names of lookouts, and any unusual position, principal headlands passed; names of lookouts, and any unusual happenings such as fire, collision, and the like..
DECK OFFICER:As distinguished from engineer officer, refers to all officers who assist the master in navigating the vessel when at sea, and supervise the handling of cargo when in port.
DECKHAND:Seaman who works on the deck of a ship and remains in the wheelhouse attending to the orders of the duty officers during navigation and maneuvering. He also comes under the direct orders of the bosun.
Decking:constructing a temporary floor inside a van trailer to maximize loading. Most commonly used in blanket-wrap transportation.
Declaration by Foreign Shipper - The U.S. Customs Service defines this term as a statement by the shipper in the foreign country attesting to certain facts. For example, articles shipped from the United States to an insular possession and then returned must be accompanied by a declaration by the shipper in the insular possession, indicating that, to the best of his or her knowledge, the articles were exported directly from the United States to the insular possession and remained there until the moment of their return to the United States. (see 19 CFR 4.60 and 4.61 on U.S. clearance of vessels bound for a foreign port or ports.)
Declared Value for Carriage:The maximum of FedEx's transportation liability for any loss, damage, delay, misdelivery, nondelivery, misinformation or any failure to provide information.
Declared Value for Customs:The selling price or cost as determined by other valuation methods, of an international shipment's contents.
Deconsolidation Point:Place where loose or other non-containerized cargo is ungrouped for delivery.
Ded. – Deductible
DEDICATED TRAIN:One that exclusively carries intermodal equipment (containers and trailers)
Dedicated Unit Train:An unit train operated by various railroads for exclusive usage.
DEEP SEA TRADES:The traffic routes of both cargo and passenger vessels which are regularly engaged on the high seas or on long voyages.
DEEP STOWAGE:Any bulk, bagged or other type of cargo stowed in single hold ships.
Def.a/c - Deferred account
Defense Conversion - "Defense conversion," as applicable to conversion of U.S. defense activity, is the transfer of defense production capabilities to non-defense production, either non-defense industrial products (e.g., pumps and valves) or consumer goods. The Russians, according to their Defense Conversion Law, have a broader definition, which includes the possiblity of a plant maintaining its defense production while expanding its non-defense production for other purposes, including the generation of hard-currency exports.
Defense Conversion Subcommittee - The DCS promotes trade between U.S. industry and the Russian defense sector by identifing investment opportunities, supporting changes in U.S. government export control and other policies which limit opportunities for U.S. industry to participate in Russian defense conversion activities, and identifying prospective business contacts for U.S. industry. Subcommittee membership includes the Departments of Commerce, Defense, Energy, Labor, and State, the Agency for International Development, the Export-Import Bank, and the Overseas Private Investment Corporation. DCS is a subcommittee of the Intergovernmental U.S.-Russia Business Development Committee which was established in June 1992.
Defense Memoranda of Understanding - Defense MOUs are defense cooperation agreements. The MOUs are signed by DOD with allied nations and are related to research, development, or production of defense equipment or reciprocal procurement of defense items. See: Coproduction.
Defense Priorities and Allocation System - The goals of the DPAS are to: (a) assure the timely availability of industrial resources to meet current national defense requirements and (b) provide a framework for rapid industrial expansion in case of a national emergency. The authority for DPAS, which is administered by the Commerce Department's Bureau of Export Administration, extends from Title I of the Defense Production Act of 1950, as amended (DPA). While the DPAS is designed to be largely self-executing, Special Priorities Assistance (SPA) may be provided, including: (a) timely delivery of items needed to fill priority rated defense contracts, (b) granting priority rating authority, and (c) resolving production and delivery conflicts between rated defense contracts. See: Defense Production Act.
Defense Production Act - Under authority of the Defense Production Act (DPA) of 1950 and related executive Order 12656, the Commerce Department is charged with identifying critical defense-related industries, assessing their capability to meet peacetime and national security needs, identifying current and potential production constraints, and proposing remedial actions as appropriate. Title I of the DPA requires that: (a) contracts or orders relating to certain approved defense and energy programs be accepted and performed on a preferential basis over all other contracts and orders and (b) materials, facilities, and services be allocated in such a manner as to promote approved programs. See: Defense Priorities and Allocation System.
Defense Technology Security Administration - DTSA is the DOD organization that reviews applications for the export of items that are subject to the dual-use license controls of the Commerce Department and the munitions controls of the Department of State. DTSA has about 130-to-140 staff, is located in the Office of the Secretary, and administers DOD technology security policy so that the U.S. is not technologically surprised on the battlefield. DTSA reviews applications involving dual-use items for reasons of national security, proliferation cases and munitions controls. See: Foreign Disclosure and Technical Information System.
The above details describes about terms called in shipping such as deadfreight , deadweight cargo,deadweight,deck cargo,deck log,deck gang, decking, deckhand, deconsolidation point 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 Delivered at Frontier, Dangerous Goods,Damage for Detention,Delivered At Place,Delivered At Terminal
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