by airlines and shipping lines on behalf of forwarders/shippers. bunker adjustment factor Bags/Bulk part in bags, part in bulk Ballast heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo In shipping there are many abbreviations. 3 Full PDFs related to this paper. Asset-based: A transportation company that owns its own equipment, usually trucks or containers. Usually, but not always, it consists of a letter or group of letters taken from the word or phrase. In the old days the need for keeping the length of communication offshore was imperative to save time. 05/21/2013 1 00-TAD-C-D-V01.0 ACRONYMS AND ABBREVIATIONS AES Automated Export System BAF Bunker Adjustment Factor BSC: Bunker Surcharge. LIST OF ABBREVIATIONS xv AAIFR - Appellate Authority for Industrial and Financial Reconstruction ACE - Asset Care Enterprise Ltd. ACH - Automated Clearing Houses ACU - Asian Clearing Union AD - Authorised Dealer ADB - Asian Development Bank ADR - American Depository Receipt the terms used in shipping. CAF: Currency Adjustment Factor CBM/CM Cubic Meter (35.314 CFT= 1 CBM). The act provides that the shipowner's liability will be limited to $500 per shipping package, and it stipulates a one-year time limit for filing suit against the carrier. B/L Bill of Lading C/ Consignee. Edition: 1.1 December 1997 Commercial Shipping Common abbreviations used in chartering and freight handling The following is a list of abbreviations, initialisms, and acronyms that you may come across during the Commercial Shipping course. Download Full PDF Package. Contents. This paper. CBF/CF/CFT Cubic Feet CFS Container Freight Station COD: Collect on Delivery COL: Collect Charges. bunker adjustment charge B.A.F. A/S: Alongside AA: Always afloat AAAA: Always accessible always afloat AAOSA: Always afloat or safely aground AARA: Amsterdam-Antwerp-Rotterdam Area Common Terms. Part 1 - Terms and Abbreviations - 4 - B B2B business to business B2C business to consumer B.A.C. (EN) (PDF) – Common Shipping Terms and Abbreviations | School of Shipping. When Logistics Abbreviation, Here is the list of most popular abbreviation for Logistics, and you can download here Logistics Abbreviation List PDF 2020. Abbreviations. Computer Terminology. Technically it is a non-negotiable instrument of air transport which serves as a receipt for the shipper, abbreviations are extensively used in the shipping industry, to grasp and understand the composing and use of usual abbreviations is the necessary guarantee to ensure the effective communication. GUIDE TO SHIPPING & LOGISTICS TERMINOLOGY C Accessorial: An extra fee charged by carriers for additional services rendered, which can include detention and fuel surcharges. AWB Airway Bill – is a bill of lading which covers both domestic and international flights transporting goods to a specified destination. A short summary of this paper. MARITIME ABBREVIATIONS Here’s a list of commonly used abbreviations only in the maritime industry: A/B: Able bodied seaman, a member of the crew who is able to perform all duties of an experienced seaman. This act automatically applies to international ocean movements but not to domestic ocean transits unless the carrier agrees to be bound by it. International Code of Signals. Incoterms An abbreviation (from Latin brevis, meaning "short") is a shortened form of a word or phrase. CARRIER Code Names of Charter Parties. 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