06 Sep

Cube Out

When a container or vessel has reached its volumetric capacity before its permitted weight limit.

06 Sep

Customhouse

A country Treasury Department office where duties, etc., on foreign shipments are handled.

06 Sep

Customhouse Broker

A person or firm, licensed by the treasury department of their country when required, engaged in entering and clearing goods through Customs for a client (importer).

06 Sep

Customs

Government agency charged with enforcing the rules passed to protect the country’s import and export revenues.

06 Sep

Customs Bonded Warehouse

a public or privately owned warehouse where dutiable goods are stored pending payment of duty or removal under bond. The storage or delivery of goods are under the supervision...

06 Sep

Customs Entry

All countries require that the importer make a declaration on incoming foreign goods. The importer then normally pays a duty on the imported merchandise. The importer’s statement is compared...

06 Sep

Customs of the Port (Trade

A phrase often included in charter parties and freight contracts referring to local rules and practices which may impact upon the costs borne by the various parties.

06 Sep

Cut-Off Time

The latest time cargo may be delivered to a terminal for loading to a scheduled train or ship.

06 Sep

D&H

Abbreviation for “Dangerous and Hazardous” cargo.

06 Sep

Dangerous Goods

The term used by I.M.C.O. for hazardous materials which are capable of posing a significant risk to health, safety or property while being transported.

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