Feeder Vessel

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A short–sea vessel which transfers cargo between smaller ports and major ports.

Force Majeure

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Unforeseeable circumstances that prevent someone from fulfilling a contract. Circumstances that might require a force majeure are war, strike, riot, piracy, and Act of God.

Force Majeure

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Unforeseeable circumstances that prevent someone from fulfilling a contract. Circumstances that might require a force majeure are war, strike, riot, piracy, and Act of God.

Free Time

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The amount of time that a carrier’s equipment may be used without incurring additional charges. (See, Demurrage or Detention.)

Freight Forwarder

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A freight forwarder is an agent who handles your cargo on your behalf.  However, the freight forwarder (often shorted to forwarder) is not the same as the carrier, who is physically handling your cargo.  The value a freight forward brings … Read More