Cargo transportation terms

Description of terms used in the process of cargo transportation
The number of entries in this glossary is 12.
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Glossaries

Term Definition
OCEAN WAYBILL
A document issued by the shipping line to the shipper which serves to receive the goods and proof of the contract of carriage.
ODF
Documentation Fee - Origin. This service covers the creation and processing of all standard transport documentation (e.g.bill of lading).
OFF-HIRE CLAUSE
Intime charterThe owner is entitled to a limited time for his vessel not to be rented until the vessel can be repaired or dry docked.
OFF-LOAD
Unloading cargo from the ship.
OGC
Oversizedcargo. 
OHC
Terminal HandlingServiceOrigin. This service covers the costs of handling the container at the port of origin or terminal. This service is applicable for all cargoes.
On-carriage

Movement after the container is picked up from the port/terminal, shipping after the pre-shipment. In the case of sea transportation, sea

With the development of the world transport system, the concept of freight has spread to air (English air freight) and land (English land freight) transport.

" >freight 

Pendant  this is the value of the charge that passed through the conductor at a current of 1 A during 1 s. Through the basic SI units, the pendant is expressed by a ratio of the form: 1 Cl = 1 A·s.

With an off-system unit of ampere-hour, the pendant is associated with the equality: 1 Cl = 1/3600 ampere-hour. 

" >C/And -freight. The buyer pays for cargo insurance. The risks are transferred at the time of delivery of the cargo to the first carrier.

When using this term, the seller is obliged to conclude a contract of carriage and bear the transportation costs necessary to deliver the goods to the agreed destination. When using the term CPT, the seller transfers the goods to the carrier or another person nominated by the seller at an agreed place (if such a place is agreed by the parties and fulfills its delivery obligation.

The term contains two critical points, since risk and costs are transferred in two different places. 

" >CPT

Synonyms- Onkeridge
OPEN RATES
Pricing systems that are flexible and not subject to conference approval. it is usually applied to products in which bums replace liners.
OPEN REGISTRY
A term used instead of 'flag of convenience' or 'flag of necessity' to refer to a registry in a country that offers favorable tax regulatory and other incentives to shipowners from other countries.
OPEN TOP CONTAINER
The container is equipped with a solid removable roof or with a tarpaulin roof so that the container can be loaded or unloaded from the top.
OTHC
Origin terminal handling charges. Loading costs at the port of departure
OVERTONNAGING
A situation where there are too many ships as a rule or in one trade or another for the level of available cargo.