Glossary of Shipping Terms:
" A " (page-1)
ABS
See: American Bureau of Shipping
ACEP
See:: Approved Continuous Examination Program
ADR
See:: Articles Dangereux de Route
AGVS
Automated guided vehicle system.
ASYCUDA
Automated System for Customs Data. This program dealing with customs declarations has been developed by UNCTAD and is presently used by some 75 countries.
Abeam
Alongside, near amidships.
For navigational purposes in the direction of a right angle to the ship's heading.
Absorption
Acceptance by the carrier of a portion of a joint rate or charge which is less than the amount which it would receive for the service in the absence of such joint rate or charge.
Acceptance of Goods
The process of receiving a consignment from a consignor, usually against the issue of a receipt. As from this moment and on this place the carrier's responsibility for the consignment begins.
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Accommodation ladder
Movable steps arranged temporary alongside e.g. a quay to allow access on board for officials, crew or passengers.
Accompanied Transport
The transport of complete road vehicles by another means of transport (e.g. train, ferry accompanied by the driver).
Accord Relatif aux Transports Internationaux de Denrees Perissables et aux Engins Speciaux a Utiliser pour ces Transports (ATP)
Agreement on the international carriage of perishable foodstuffs and on the special equipment to be used for such carriage.
Acknowledgement of Receipt
A notification relating to the receipt of e.g. goods, messages and documents.
Act of God
Accidents of a nature beyond human control such as flood, lightning or hurricane usually quoted as 'force majeure'.
Active Inventory
Covers raw material, work in progress, finished products, which will be used or sold within a given period without extra cost or loss. This term does not cover the so-called reserve inventory.
Actual Demand
Customer orders and often also the allocation of items, ingredients and/ or raw materials to production or distribution.
Actual Voyage Number
A code for identification purposes of the voyage and vessel which actually transports the container/cargo.
Ad Valorem
In proportion to the value: A phrase applied to certain freight or customs duties levied on goods, property, etc. set as a percentage of their value.
Added Value
The value attributed to products, and services as the result of a particular process (e.g. production process, storage, transport).
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