Bulk Cargo
Unpacked homogeneous cargo poured loose in a certain space of a vessel or container

Bill of Lading
Abbreviation: B/L, plural Bs/L
A document which evidences a contract of carriage by sea.
The document has the following functions:

A receipt for goods, signed by a duly authorized person on behalf of the carriers.
A document of title to the goods described therein.
Evidence of the terms and conditions of carriage agreed upon between the two parties.
At the moment 3 different models are used:
A document for either Combined Transport or Port to Port shipments depending whether the relevant spaces for place of receipt and/or place of delivery are indicated on the face of the document.
A classic marine Bill of Lading in which the carrier is also responsible for the part of the transport actually performed by himself.
Sea Waybill: A non-negotiable document, which can only be made out to a named consignee. No surrender of the document by the consignee is required.

Certificate of Origin
A certificate, showing the country of original production of goods. Frequently used by customs in ascertaining duties under preferential tariff programmers or in connection with regulating imports from specific
sources.

Consignee
The person, firm, or representative, to whom a seller or shipper sends merchandise and who, upon presentation of the necessary documents, is recognized as the owner of the merchandise for the purpose of the payment of customs duties. This term is also used as applying to one to whom goods are shipped, usually at the shipper's risk, when an outright sale has not been made.

Customs Value
The worth of an item or group of items expressed in a monetary amount, within a consignment declared to Customs for duty and statistical reasons.

Draft
The same as a "bill of exchange." A written order for a certain sum of money, to be transferred on a certain date from the person who owes the money or agrees to make the payment (the drawee) to the creditor to whom the money is owed (the drawer of the draft). See "Date Draft," "Documentary Draft," "Sight Draft," "Time Draft."

Drawback
Repayment of any part of customs or excise duties previously collected on imported goods, when those goods are exported again.

Duty Free Zone
An area where goods or cargo can be stored without paying import customs duties awaiting further transport or manufacturing.

Electronic Data Interchange
Abbreviation: EDI
The transfer of structured data, by agreed standards from applications on the computer of one party to the applications on the computer of another party by electronic means.

Harmonized System
Abbreviation: HS
It is a numeric multi purpose system, the international convention on the HS was established under auspices of the World Customs Organization in 1983, for the classification of goods with its ten digits covering about 5000 descriptions of the products or groups of products most commonly produced and traded. It is designed for customs services, but can also be used for statistics, transport purposes, export, import and manufacturing.

In Transit
The status of goods or persons between the outwards customs clearance and inwards customs clearance.

Irrevocable
Applied to letters of credit. An irrevocable letter of credit is one which cannot be altered or canceled once it has been negotiated between the buyer and his bank.

Shipping Marks
The identification shown on individual packages in order to help in moving it without delay or confusion to its final destination and to enable the checking of cargo against documents.

Transshipment
A shipment under one Bill of Lading, whereby sea (ocean) transport is 'broken' into two or more parts. The port where the sea (ocean) transport is' broken' is the transshipment port.
Transfer of cargo from one means of transport to another for on-carriage during the course of one transport operation.
Customs: Customs procedure under which goods are transferred under customs control from the importing means of transport to the exporting means of transport within the area of one customs office which is the office of both importation and exportation.