Shipping Glossary
FMC
Federal Maritime
Commission (Control of Shipping acts USA)
FTL
Full Truck Load, an indication for a truck transporting cargo
directly from supplier to receiver.
Factory Delivery
The delivery of goods
by a factory whereby the goods are put at the disposal of another
(internal) party such as a commercial department
Feeder
A vessel normally used
for local or coastal transport (for carriage of cargo and/or
containers) to and from ports not scheduled to be called by the main
(ocean) vessel, directly connecting these ports to the main (ocean)
vessel.
Flag
An indication of the
country in which a means of transport is registered through a
reference to the ensign of this country.
Flammable
Capable to be set on
fire under given circumstances. (Amendment 25 IMO DGS).
Flash Point
The lowest temperature
at which a good produces enough vapour to form a flammable mixture
with air.
Flat Rack Container
A container with two
end walls and open sides.
Fleet
Any group of means of
transport acting together or under one control.
Force Majeure
Circumstance which is
beyond the control of one of the parties to a contract and which
may, according to the terms and conditions, relieve that party of
liability for failing to execute the contract.
Fork Lift Truck
Abbreviation: FEU
Unit of measurement
equivalent to one forty foot container.
Forwarder
The party arranging
the carriage of goods including connected services and/or associated
formalities on behalf of a shipper or consignee.
Forwarding Charge
Charges paid or to be
paid for preliminary surface or air transport to the airport of
departure by a forwarder, but not by a carrier under an Air Waybill
(air cargo).
Forwarding Instruction
Document issued to a
freight forwarder, giving instructions to the forwarder for the
forwarding of goods described therein.
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