Glossary

ATR ATR Certificate Certificate used for commercial trade between European Union countries and Turkey.
B / L Bill of Lading Legal document signed by an authorized representative (the shipper or shipping company) which reflects and acknowledges the transportation contract.
CAD Cash Against Documents Payment method in which the importer pays for the goods before receiving them.
UUC Union Customs Code Regulation applicable to merchandise trade between the European Union and other countries
CETA Comprehensive Economic and Trade Agreement Economic and commercial agreement between the European Union and Canada
Quotation Economic offer for every transaction and route plan.
CY Container Yard Containers’ loading and reception area.
Customs clearance A set of procedures and operations carried out at customs in order to control, supervise and authorize merchandise entrance or exit in a specific territory in an international transaction.
SAD Single Administrative Document Single form used in all European customs procedures.
EORI Economic Operators Registration and Identification number Unique identification number used as common reference for all customs authorities within the European Union.
Stowage Convenient weight distribution on ships.
ETS /ETD Estimated Time of Sailing / Departure The estimated departure time for a ship.
ETA Estimated Time of Arrival The arrival departure time for a ship.
EUR 1 EUR 1 Certificate Certificate of preferred origin given by the European Union to several countries with a preferential agreement. It must justify the merchandise’s origin to apply.
FCL Full Container Load A full container from a sender to a receiver.
LCL Less Container Load A container loaded with different cargo from different senders, sent as groupage.
IATA International Air Transport Association The International Air Transport Association has over 300 airlines and covers 80% of the world’s air traffic.
ICC Institute Cargo Clauses General insurance clauses on merchandise transport.
IMDG International Maritime Dangerous Code International code, stablished by the IMO, for dangerous goods’ transportation. They are classified in 9 categories according to their characteristics and degree of danger.
IMO International Maritime International Maritime Organization
Incoterms International regulation for the commercial terms in international merchandise trade.
ISO International Standardization Organization Organization in charge of standardizing containers shipped via sea transport.
L/C Letter of credit Payment method used in international trade to provide economic guarantee to an exporter.
Lo / Lo Lift On – Lift Off Loading and unloading merchandise with lifting devices.
LSFS Low Sulphur Fuel Surcharge Extra fee for generating pollution in the European Unions’ waterways.
MSDS Material Safety Data Sheet Documento que incluye los datos de seguridad de los materiales transportados. Pretende reducir los riesgos laborales y medioambientales, detallando los procedimientos a seguir para tratar con esas sustancias
OEA Operador Econòmic Autoritzat European Union Certificate accrediting a broker as a trustworthy professional in customs matters.
POL Port of Landing Original port where a container is loaded.
POD Port of Discharge Destination port, where a container is unloaded.
Ro / Ro Roll on / Roll off Loading and unloading rolled merchandise using the vessel’s ramp.
IOR Intra-Community
Operations Register
Register where all professionals performing intracommunity operations must be registered.
SMA Security Manifest Amendment Security Manifest Amendment.
SOLAS Safety of Life at Sea Amendments adopted by the IMO aiming to improve maritime security, especially the ones regarding containers’ weight declarations.
TARIC TARIC Code Ten-digit code to identify merchandise in documentation import and export formalities between the European Union and other countries.
TEU Twenty Feet Equivalent Unit Measuring unit used to measure the load of a 20ft container. A 20ft container equals one TEU, and a 40ft container, two.
ULD Unit Load Device Body of rules to regulate containers shipped via air transport.
T/T Transit Time Estimated navigation time between the port of loading and the port of discharge.
VGM Verified Gross Mass Verification of the containers’ gross weight.
ZAL Zona d’Activitat Logística Logistic platform where customs authorities are located.