Term | Definition |
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MANIFEST | ManifestoIt is a list of all the goods listed in the bill of lading that have been loaded onto a ship in one specific port and have one specific destination. Thus, the number of manifests on board is equal to the number of different routes. |
MARINE INSURANCE | In a broad sense, insurance covers the loss or damage of cargo at sea. marine insurance usually compensates the owner of the goods for losses from fire, shipwreck, etc. but excludes losses that can be extracted from the carrier.
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MBF | Manual Booking Fee. A fee covering additional administrative work of the carrier for processing documents received by non-electronic means. This is called manual registration. Manual registration is carried out upon receipt of documents for the following
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MEASUREMENT TON | Forty cubic feet
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MODAL SPLIT | Relative usage of what companies make of modes of transport statistics include tonne-miles passenger-miles and revenue.
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MT | Metric ton = 1000kg.
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