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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Glossary of Trade & Shipping Terms - S:
Seawaybill  A type of bill of lading used for port-to-port or combined transport carriage. A waybill is identical to a negotiable bill of lading except that it is not a document of title. There are no originals issued for this type of document. In some jurisdictions, such as the USA, a waybill is deemed the equivalent of a (straight) consigned bill of lading.
See also Waybill. 
Service Agreement  Private contracts between one or more carriers and one or more shippers to transport cargo between specified points under terms and conditions of carriage agreed and listed in the contract. It often allows for particular rates based on volume over a specified period of time.
Also commonly known as a service contract. 
Set Point  Specific temperature that a refrigerated container has been set to keep. Ideally, the set point and the actual temperature should be identical throughout the voyage. 
Ship's Chandlers  Suppliers of various items to the vessel.

Shipper  1) Person who consigns something (e.g. the goods of an individual shipment).
2) Legal entity or person named on the bill of lading or waybill as shipper and/or who (or in whose name or on whose behalf) a contract of carriage has been concluded with a carrier.

Also known as consignor.

Shipper Packed  Contents of containers as loaded (stuffed), stowed (packed/braced), weighed and/or counted by or for the shipper, usually a CY load. 
Shipping Order  Equivalent of booking and contract of carriage evidencing the agreement to transport goods. 
Short Landed  Cargo volume count (at delivery destination) less than originally shipped. 
Short Shipped  Cargo missing a vessel that it was originally intended for. 
Slot Charter  A carrier's chartering of slots/spaces on other carrier's vessels. 
SMDG  User Group for Shipping Lines and Container Terminals.
SMDG develops and promotes UN/EDIFACT EDI messages for the maritime industry and is an official Pan European User Group recognised by the UN/EDIFACT Board. 
Special Customs Invoice  An official form usually required by U.S. Customs if the rate of duty is based upon the value, and the value of the shipment exceeds USD 500. This document is usually prepared by the foreign exporter or his forwarder and is used by customs in determining the value of the shipment. The exporter or his agent must attest to the authenticity of the data furnished. 
Special Rate  Rate established for a specified commodity for a specific period of time. 
SS  Steamship. 
ST  1 Short Ton = 2 000 lbs. 
STC  Abbreviation for Said To Contain. 
Stevedore  Terminal operator who is designated to facilitate the operation of loading and discharging vessels and various terminal activities.
Also known as longshoreman.
Stock Keeping Unit [SKU]  Smallest unit grouping for goods, normally indicating a single retail item. Usually, several SKUs will be under one purchase order. 
Storage Charge  Charge for goods held in storage facilities (warehouses) under a fixed agreement for periods of time, and which is not included in other arrangement. 
Store-Door Delivery  Movement of goods to the consignee's place of business, customarily applied to movement by truck. 
Stripping  Also known as unstuffing.
Physical removal of goods from the (carrier's) container(s). 
Stuffing  Physical loading of goods into the (carrier's) container. 
Supply Chain  The movement of materials and information through the logistics process from acquisition of raw materials to delivery to end-user. The supply chain includes all vendors, service providers and customers. 
Supply Chain Management  The management and control of all materials and information in the logistics process from acquisition of raw materials to delivery to end-user. 
Surcharges  Additional charges above ocean freight.
See also Add-Ons. 
SWIFT  Society for Worldwide Interbank Financial Telecommunication
A cooperative organised under Belgian law providing the following services to participating financial institutions: Letters of credit (opening and transmission), money transfers, payment security settlements.
Other businesses participating in SWIFT are: Security brokers and delaters, clearing and depository institutions, security exchanges and travellers cheques issuers. 
Switch Bill of Lading  Often called "the trader's second set" and intended to replace the first set of bills of lading issued. Usually used where a seller/trader wishes to keep the name of his supplier, named as the shipper, secret from the ultimate buyer of goods. Due care and consideration must be exercised when issuing such bills of lading because of inherent exposure to fraud/conversion of factual data. 

 

 
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TRANSOCEAN FORWARDING AND COMMERCE (TFC)
HEAD OFFICE CAIRO:
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