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Shipping Glossary
icon Said to Contain
  Abbreviation: STC

  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.

icon Salvage
  The saving or rescue of a vessel and/or the cargo from loss and/or damage at sea.
icon Schedule
  A timetable including arrival/departure times of ocean- and feeder vessels and also inland transportation. It refers to named ports in a specific voyage (journey) within a certain trade indicating the voyage number(s). In general: The plan of times for starting and/or finishing activities.

icon Seal
  A device used for containers, lockers, trucks or lorries to proof relevant parties that they have remained closed during transport.

icon Seaworthiness
  Fitness of a vessel to travel in open sea mostly related to a particular voyage with a particular cargo.
Party selling merchandise to a buyer.
icon Sender
  A service Bill (of Lading) is a contract of carriage issued by one carrier to another for documentary and internal control purposes

  For internal documentary and control purposes a so-called participating agent in a consortium uses some kind of document which, depending on the trade, is referred to as 'Memo Bill' which will among others state:

  Name of Carrier on whose behalf the original document (Way Bill, Bill of Lading, etc.) was issued

  The original document number. The agent who issued the original document and his opponent at the discharging side

  The number of packages, weight and measurement, marks and numbers and goods description

  Further mandatory details in case of special cargo

  No freight details will be mentioned and the Memo Bill is not a contract of carriage.
Acts as intermediary between shipowners or carriers by sea on the one hand and cargo interests on the other. The functions are to act as forwarding agent or custom broker, fixing of charters, and acting as chartering agent.

icon Ship Operator
  A ship operator is either the shipowner or the (legal) person responsible for the actual management of the vessel and its crew.

icon Ship's Protest
  Statement of the master of a vessel before (in the presence of) competent authorities, concerning exceptional events which occurred during a voyage.

icon Shipment
  A separately identifiable collection of goods to be carried.
  Note: In the United States of America the word shipment is used instead of the word consignment.
  The (legal) person 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

  The particulars respecting 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

icon Shipper
  The 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.

icon Shipper's Export Declaration
  Abbreviation: SED
A United States customs form to be completed for all exports to assist the government in compiling export statistics.
icon Shipper's Letter of Instruction
  Abbreviation: SLI
A document containing instructions given by the shipper or the shipper's agent for preparing documents and forwarding (air cargo).

icon Shipping Note
  Document provided by the shipper or his agent to the carrier, multimodal transport operator, terminal or other receiving authority, giving information about export consignments offered for transport, and providing for the necessary receipts and declarations of liability.

icon Shipping Documents
  Documents required for the carriage of goods.
icon Shipping Instruction
  Document advising details of cargo and exporter's requirements of its physical movement.
icon Shipping Label
  A label attached to a unit, containing certain data.
icon Shipping Marks
  The 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.

icon Shortage
  The negative difference between actual available or delivered quantity and the required quantity.
icon Shrink Wrapping
  Heat treatment that shrinks an envelope of polyethylene or similar substance around several units, thus forming one unit. It is used e.g. to secure packages on a pallet.
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The space on board a vessel, required by one TEU, mainly used for administrative purposes.

icon Slot Charter
  A voyage charter whereby the shipowner agrees to place a certain number of container slots (TEU and/or FEU) at the charterer's disposal.

icon Special Drawing Rights
  Abbreviation: SDR
Unit of account from the International Monetary Fund (IMF), i.a. used to express the amount of the limitations of a carrier's liability.

icon Special Rate
  A rate other than a normal rate.
icon Stability
  The 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.

icon Stack
  An identifiable amount of containers stowed in a orderly way in one specified place on an (ocean) terminal, container freight station, container yard or depot.

icon Storage
  The activity of placing goods into a store or the state of being in store (e.g. a warehouse).
icon Storage Charge
  The fee for keeping goods in a warehouse.
icon Stowage
  The placing and securing of cargo or containers on board a vessel or an aircraft or of cargo in a container.
icon Stowage Factor
  Ratio of a cargo's cubic measurement to its weight, expressed in cubic feet to the ton or cubic metres to the tonne, used in order to determine the total quantity of cargo which can be loaded in a certain space.

icon Stowage Instructions
  Imperative details about the way certain cargo is to be stowed, given by the shipper or his agent.
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Stowage Plan
A plan indicating the locations on the vessel of all the consignments for the benefit of stevedores and vessel's officers.

icon Stripping
  The unloading of cargo out of a container.
icon Stuffing
  The loading of cargo into a container.
icon Supply Chain
  A sequence of events in a goods flow which adds to the value of a specific good. These events may include:
  - Conversion
  - Assembling and/or disassembling
  - Movements and placements
icon Supply Vessel
  Vessel which carries stock and stores to offshore drilling rigs, platforms.
icon Surcharge
  An additional charge added to the usual or customary freight.
icon Survey
  An inspection of a certain item or object by a recognised specialist.
icon Surveyor
  A specialist who carries out surveys.
  Note: A surveyor is often representing a classification bureau or a governmental body.
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