S.A.
Subject to Approval.
S.A.N.R.
Subject to Approval, No Risk; i.e., temporary cover; no risk attached until insurance is confirmed.
S.L.C.
→ Shipper’s Load and Count
S.T.C.
→ Said to Contain
S/D
→ Sight Draft (Bill of Exchange)
Sacrifice
Deliberate casting away or destruction of property to prevent greater loss.
SAD
→ Single Administrative Document
Safe Working Load
Abbreviation: SWL. Maximum load any lifting appliance may handle.
Safety Stock
- A
quantity of stock planned to be in inventory to protect against
fluctuations in demand and/or supply. 2. In the context of master
production scheduling, safety stock can refer to additional inventory
and/or capacity planned as protection against forecast errors and/or
short term changes in the backlog. Also referred to as “over-planning”
or a “market hedge”.
Synonym: → Reserve Inventory → Cycle Stock
Said to Contain
Abbreviation:
S.T.C. Term in a Bill of Lading signifying that the master and the
carrier are unaware of the nature or quantity of the contents of e.g. a
carton, crate, container or bundle and are relying on the description
furnished by the shipper.
Salvage
Saving or rescue of a vessel and/or the cargo from loss and/or damage at sea.
Salvage Charges
Payable to salvors for saving life and property at sea.
Sanitary and Health Certificate
Statement
signed by a health organization official certifying the degree of
purity, cleanliness or spoilage of goods, and the health of live
animals.
Scale Ton
Freighting measurement used in certain trades for various commodities.
Schedule
Timetable including arrival/departure times.
SCR
→ Special Commodity Rate
SDR
→ Special Drawing Rights
Sea Waybill
Non
negotiable document, which can only be made out to a named consignee.
No surrender of the document by the consignee is required.
→ Bill of Lading
Seal
Device used for containers, lockers, trucks, etc. to ensure that they have remained closed during transport.
Seal Log
Document used to record seal numbers.
Seasonal Inventory
Inventory built up in anticipation of a seasonal peak of demand in order to smooth production.
Seaworthiness
There
is an implied warranty in every voyage policy that the ship must be
seaworthy at the commencement of the insured voyage or, if the voyage
is carried out in stages, at the commencement of each stage of the
voyage. To be seaworthy, the ship must be reasonably fit in all
respects to encounter the ordinary perils of the contemplated voyage.
It must be properly crewed, fueled and provisioned, with all equipment
in proper working order. Cargo policies waive breach of the warranty
except where the insured or their employees are privy to the
unseaworthiness. Breach of the warranty is not excused in a hull voyage
policy, literal compliance therewith being required. Although there is
no warranty of seaworthiness in a hull time policy, claims arising from
unseaworthiness may be prejudiced if the ship sails in an unseaworthy
condition with the knowledge of the insured.
Sectional Rate
Rate established by scheduled air carrier(s) for a section of a through route (air cargo).
SED
→ Shipper’s Export Declaration
Segregation
Distance between the various commodities of dangerous and/or bulk cargoes required by the rules of IMDG or BC codes.
Semi-Trailer
Vehicle without motive power and with one or more axles designed to be drawn by a truck tractor.
Sender
→ Shipper
Service Level
Measure for the extent to which the customer orders can be executed at delivery conditions normally accepted in the market.
Setting/Air Delivery Temperature
Indication in the documents (B/L) stating the air supply temperature to the container.
Settlement Office
Institution
to which billing is issued and which receives remittances from agents.
It also distributes the monies to CASS airlines, Billing Participants
and Part-Participants (air cargo).
→ CASS Airlines → Part-Participants
Settling Agent
Underwriter’s representative who is authorized to settle claims.
Shed
→ Warehouse
Shelf Life
Specified
length of time for which items which are inherently subject to
deterioration are deemed to remain fit for use under prescribed
conditions.
Synonym: Storage Life
Shift
Part of the work-program of a stevedoring company (a working day can have up to 3 shifts [24 hours]).
Ship
→ Vessel
Ship Broker
Acts as intermediary between shipowners or carriers on one hand and cargo interests on the other.
Ship Operator
The shipowner or the (legal) person responsible for the actual management of the vessel and its crew.
Ship’s Manifest
Detailed list, signed by the captain of a ship, that contents the individual shipments constituting the ship’s cargo.
Ship’s Protest
Statement of the master of a vessel before authorities, concerning exceptional events which occurred during a voyage.
Shipment
Goods to be carried. Note: In the United States of America the word shipment is used instead of the word consignment.
→ Consignment
Shipowner
Legal
entity officially registered as such in the certificate of registry
where the following particulars are contained: name of vessel and port
of registry, details contained in surveyors certificate, particulars
with respect to the origin stated in the declaration of ownership, the
name and description of the registered owner (if more than one owner
the proportionate share of each).
Shipper
Merchant
(person) by whom, in whose name or on whose behalf a contract of
carriage of goods has been concluded with a carrier or any party by
whom, in whose name or on whose behalf the goods are actually delivered
to the carrier in relation to the contract of carriage.
Synonym: → Consignor → Sender
Shipper’s Export Declaration
Abbreviation: SED. → Export Declaration
Shipper’s Letter of Instruction
→ Shipping Instructions
Shipper’s Load and Count
Abbreviation:
S.L.C.. Note on Bill of Lading or affreightment, indicating that the
contents of a container were loaded and counted by the shipper and not
checked or verified by the carrier.
Shipping Documents
Documents required for the carriage of goods.
Synonym: Transport Documents
Shipping Instructions
Instructions
from either the seller/shipper or the buyer/consignee to a freight
forwarder, carrier or their agent, or other provider of a service,
enabling the movement of goods and associated activities. The following
functions can be covered: movement and handling of goods (shipping,
forwarding and stowage), customs formalities, distribution of
documents, allocation of documents (freight and charges for the
connected operations), special instructions (insurance, dangerous
goods, goods release, additional documents required).
Synonym: → Shipper’s Letter of Instruction (SLI);
Consignment Instructions
Shipping Label
Label attached to a shipping unit, containing data for identification purposes.
Shipping Marks
Identification
shown on individual packages in order to help in moving it without
delay or confusion to its final destination and to enable the checking
of cargo against documents.
Synonym: → Marks
Short Form Bill of Lading
Summary
type Bill of Lading which does not incorporate all obligations and
responsibilities of both parties. Unless a shipper is familiar with the
carrier’s tariff, they should request a full Bill of Lading.
Shortage
Negative difference between actual available or delivered quantity and the required quantity.
Shrink Wrapping
Heat
treatment that shrinks an envelope of polyethylene or similar substance
around several units, thus forming one unit. It is used, for example,
to secure packages on a pallet.
Shuttle Service
Carriage back and forth over an often short route between two points.
SIC
→ Standard Industrial Classification
Sight Draft (Bill of Exchange)
Abbreviation: S/D. Draft payable on presentation to the drawee.
Simulation
Imitation of the reality in order to study the effect of changing parameters in a model as a means of preparing a decision.
Single Administrative Document
Abbreviation:
SAD. Set of documents, replacing the various (national) forms for
customs declaration within European Community, implemented on January
1st, 1988. The introduction of the SAD constitutes an intermediate
stage in the abolition of all administrative documentation in intra
European Community trade in goods between member states.
Single Transit Policy
“One Off” insurance for those clients who require transit cover on an infrequent basis.
SITC
→ Standard International Trade Classification
SITPRO
National
organization for the Simplification of International Trade Procedures
in the United Kingdom (e.g. in The Netherlands SITPRO is called
“Sitproneth”, in France “Simprofrance” and in Japan “Jastpro”).
Skeleton Trailer
Road trailer consisting of a frame and wheels, specially designed to carry containers.
Skids
Battens
fitted underneath frames, boxes or packages to raise them off the floor
and allow easy access for fork lift trucks, slings or other handling
equipment.
Slave Pallet
Airfreight pallet with rollers.
SLI
Abbreviation for Shipper’s Letter of Instruction.
→ Shipping Instructions
Sling
Special chain, wire rope, synthetic fiber strap or ropes used for cargo handling purposes.
Slot
Space on board a vessel, required by one TEU, mainly used for administrative purposes.
→ Slot Charter
Slot Charter
Voyage
charter whereby the shipowner agrees to place a certain number of
container slots (TEU and/or FEU) at the charterer’s disposal.
Space Charter
Voyage charter whereby the shipowner agrees to place part of the vessels capacity at the charterer’s disposal.
Special Drawing Rights
Abbreviation:
SDR. Unit of account from the International Monetary Fund, used to
express the amount of the limitations of a carrier’s liability.
Special Policy of Insurance
Document
issued on behalf of the Underwriter stating the terms and conditions of
the marine insurance. Issued when evidence of insurance is required, as
by the bank issuing the Letter of Credit.
Special Rate
Rate other than a normal tariff/rate.
Special Commodity Rate
Abbreviation: SCR. Rate applicable to carriage of specifically designated commodities (air cargo).
Specified Rate
Rate specified in an IATA Cargo Tariff Coordination Conference resolution (air cargo).
Spoke
Stretch between a hub and one of the group of consignees and/or shippers being served by the hub.
Spontaneous Ignition Temperature
Lowest temperature at which a substance will start burning spontaneously without an external source of ignition.
→ Flammable → Flash Point
Spot Exchange
Purchase or sale of foreign exchange for immediate delivery.
Spreader
- Device used for lifting containers, and unitized cargo.
- Beam or frame that holds the slings vertical when hoisting a load, to prevent damage to cargo.
→ Container Bolster → Container Platform
Stability
Capacity
of a vessel to return to its original position after having been
displaced by external forces. The stability of a vessel depends on the
meta-centric height.
Stack
Identifiable amount of
containers stowed in a orderly way in one specified place on an
terminal, container freight station, container yard or depot.
→ Container Stack
Stacking
To pile boxes, bags, containers, etc. on top of each other.
Stackweight
Total weight of the containers and cargo in a certain row.
Standard Industrial Classification
Abbreviation: SIC. Method, used in the United States, to categorize companies into different industrial groupings.
Standard International Trade Classification
Abbreviation:
SITC. Standard numerical code system developed by the United Nations to
classify commodities used in international trade.
Starboard
Right side of a vessel when facing towards the front or forward end.
State of Origin
State in the country in which the cargo was first loaded on board of an aircraft (air cargo).
State of the Operator
State
in which the operator has its principal place of business or, if it has
no such place of business, its permanent residence (air cargo).
Steamship Agency
Agency
representing a steamship company that does not have an office in the
particular port. Performs services to maintain operations on behalf of
vessel owners.
Steamship Conference
Group of steamship operators that operate under mutually agreed-upon freight rates and other conditions.
Steering of Containers
Function,
with the aid of specific software, for tracking and forecasting (IRMA,
MINKA), to direct empty containers to areas of demand at minimum cost.
Stem
Foremost part of a vessel.
Stern
Aftermost part of a vessel.
Stevedore
Company which executes the loading, stowing and discharging of vessels.
Stock
Materials in a supply chain or in a segment of a supply chain, expressed in quantities, locations and/or values.
Synonym: Inventory when used as a generic term, common in the USA and extensive in the UK
Stock Control
Systematic administration of stock quantity levels.
Stock Keeping Unit
Description of the unit of measurement by which the stock items are recorded on the stock record.
Stock List
→ Inventory
Stock Locator System
System in which all places within a warehouse are named or numbered.
Stock Point
Point in the supply chain meant to keep materials available.
Stock Record
Record
of the quantity of stock of a single item, often containing a history
of recent transactions and information for controlling the
replenishment of stock.
Storage
Placing goods into a warehouse.
Storage Charge
Fee for keeping goods in a warehouse.
Stores
Provisions and supplies on board required for running a vessel.
Stowage
Placing and securing of cargo or containers on board a vessel or an aircraft or of cargo in a container.
Stowage Factor
Ratio
of a cargo’s cubic measurement to its weight, expressed in cubic feet
to the ton or cubic meters to the tonne, used in order to determine the
total quantity of cargo which can be loaded in a certain space.
Stowage Instructions
Details about the way certain cargo is to be stowed.
Stowage Plan
Plan indicating the locations on the vessel of all the consignments.
→ Bay Plan
Stowaway
Unwanted person who hides on board of a vessel or an aircraft to get free passage, to evade port officials, etc.
Straddle Carrier
Wheeled
vehicle designed to lift and carry shipping containers within its own
framework. It is used for moving, and stacking shipping containers at a
container terminal.
Straddle Crane
Crane usually running on rails and spanning an open area such as rail-tracks or roadways.
Straight Bill of Lading
Non-negotiable Bill of Lading in which the goods are consigned directly to a named consignee.
Strap
Band of metal, plastic or other flexible material used to hold cargo or cases together.
Stretch
Leg between two points.
Strikes Cover
Limited
to damage caused to insured property by strikers, locked-out workers
and persons involved in a labor dispute. Does not include loss or
expense incurred as a result of strikes.
Stripping
Unloading of cargo out of a container.
Synonym: Devanning, Unstuffing, Unpacking
Stuffing
Loading of cargo into a container.
Synonym: Vanning, Packing
Subrogation
Right
of the underwriter to step into the shoes of the insured, following
payment of a claim, to recover the payment from a third party
responsible for the loss. Subrogation is limited to the amount paid on
the policy.
Substretch
Part of a stretch. This term is used if it is necessary to distinguish between a stretch and a part thereof.
Sue and Labor Charges
Charges incurred by an insured in averting or diminishing a loss. They are recoverable in addition to the full sum insured.
Supply Chain
Sequence of events in a goods flow which adds to the value of a specific good. These events may include:
a) conversion; b) assembling and/or disassembling;
c) movements and placements.
Supply Vessel
Vessel which carries stock and stores to offshore drilling rigs/platforms.
Surcharge
Additional charge added to the usual or customary freight.
Survey
Inspection of a certain item or object by a recognized specialist.
Surveyor
Marine
specialist who examines damaged property and determines the cause,
nature, and extent of damage and methods of repair and/or replacement.
This person is not an adjuster, and all their actions are without
prejudice to policy terms and conditions.
SWL
→ Safe Working Load
Swop Body
Separate
unit without wheels to carry cargo via road. Sometimes equipped with
legs to perform an intermodal transport within Europe. It can be left
behind to load or discharge whilst the driver and truck/chassis change
to another unit. These units are not used for sea transport.
Synergy
Simultaneous
joint action of separate parties which, together, have greater total
effect than the sum of their individual effects.
System
Whole body of connected elements which influence each other and have a specific relationship with their environment. |
