Shipping Terms                               

Mercantile marine

Mate's Receipt

Metric Ton (2204 lbs.)

Motor vessel

A list of the goods being transported by a carrier.

An insurance which will compensate the owner of goods transported overseas in the event of loss which cannot be legally recovered from the carrier.

A US government agency, while not actively involved in vessel operation, administers laws for maintenance of merchant marine for the purposes of defense and commerce.

As used on containers in foreign trade, a symbol or initials shown together with the port of importation and the final destination, if different. Example  A.G. y Cia., Bogota via Barranquilla. Marks are registered at appropriate customs houses; they also appear on bills of lading and invoices. In domestic trade, it is common to mark containers with the name and address of the recipient, but this is rarely done in foreign trade.

Every article of foreign origin, or its container, imported into the United States shall be permanently marked in a conspicuous place in a manner which would indicate to the ultimate purchaser the English name of the country of origin of the article.

Receipt of cargo by the vessel, signed by the mate (similar to dock receipt).

The measurement ton (also known as the cargo ton or freight ton) is a space measurement, usually 40 cubic feet or one cubic meter. The cargo is assessed a certain rate for every 40 cubic feet or 1 cubic meter it occupies.

Designation for countries which receive preferential tariff rates. This is no longer the best tariff structure available.

Minimum bill of lading

Empty

Minimum weight factor

Shipping Terms                               

Not elsewhere mentioned (English)

Not elsewhere specified

Not otherwise enumerated

Not otherwise herein provided

Not more specifically described

Not otherwise indicated by number; Not otherwise indicated by name.

Not otherwise specified

Net tons

A flag carrier owned or controlled by the state.

Three or more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 33 1/3% of its height.

Three of more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 1/4 inch.

Free of charters' commission

(Actual Net Weight) Weight of goods alone without any immediate wrappings; e.g., the weight of the contents of a tin can without the weight of the can.

National Motor Freight Classification

Document provided by scheduled or national airlines of many countries declaring no objection to a proposed charter flight operated by another airline. Often demanded by government authorities before they grant permission for a charter flight to take place.

Sum of money paid by a charter airline normally to a scheduled airline in order that it waives its right of objection to its government, thus allowing a charter to take place. Tantamount to a bribe. The amount is usually a fixed percentage of the gross cost of a charter. Common practice in the Middle East and Africa.

See scheduled flight.

Economic, political, administrative or legal impediments to trade other than duties, taxes and import quotas

An F.M.C. registered cargo consolidator of small shipments in ocean trade, generally soliciting business and arranging for or performing containerization functions at the port. These carriers issue their own bill of lading referred to as a house bill of lading.