Maritime Dictionary

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ACS (A.C.S.):

U.S. Customs master computer system, "Automated Commercial Systems."

Affreightment, Contract of:

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

Air Waybill:

The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in non-negotiable form.

All In:

The total price to move cargo from origin to destination, inclusive of all charges.

B/L. See COGSA

The Hague rules were followed by the Hague-Visby rules.

B/L:

Abbreviation for "Bill of Lading."

BAF:

Abbreviation for "Bunker Adjustment Factor" Used to compensate steamship lines for fluctuating fuel costs. Sometimes called "Fuel Adjustment Factor" of FAF