Eta vessel meaning3/15/2023 ![]() ![]() This will lead to a request from the shipping line for the consignor to pay for the ‘lost slots’. In this case the carrier will be forced to either load the container on the top of the stack or lose the potential for loading on top of this particular container. For example a piece of machinery may fit inside the confines of an open-top container but protrude through the top of the container. Lost slots – A slot is a term used to describe the space taken up by an ISO shipping container on a cellular container vessel.These issues will be dealt with by the shipping company who will prepare a stowage plan. In addition to this problem the shape of the cargo or the contours of the ship may also result in lost loading capacity. If a cargo is non-stackable it will mean by definition that any space above it will be lost as loading capacity. In other words it does not lend itself to having cargo loaded on top of it. Stackable cargo – Another very important note to remember is that not all cargo is stackable.The plan will be based on a detailed packing list (see below) provided by the consignor. Stowage plan – This is a plan prepared by a representative of the shipping line which will clearly show where each item to be loaded will be placed in the ship’s holds or on the open deck.Rather confusingly this system can also be referred to as Freight Tonnes or Revenue Tonnes. It is important to understand that this method considers that one metric tonne is equal to one cubic meter and that the price quoted applies to the higher of the two numbers. Weight or Measure (W/M) – This is a common method used by shipping lines to price sea-freight for break bulk shipments.Bulk cargoes such as crude oil, loose grain or bulk powders, and iron ore would not be classified as break bulk. Out-of-gauge cargo and heavy-weight items that are unsuitable for containerization fall into this category. Break bulk cargo – This is a general term for non-containerized loose freight.Therefore the party purchasing the sea-freight will be responsible for the cost of loading and unloading the goods on and off the ship. Whenever the term ‘free’ is used in this context it means free to the shipping line. Many purchasers of sea-freight who are new to the industry make the mistake of interpreting ‘free’ as meaning free to them. Free in and/or Free out – In effect this is the opposite of hook to hook.Liner out – The shipping line is responsible for the cost of unloading the cargo at the destination port. ![]() Liner in – The shipping line is responsible for the cost of loading the cargo on board the vessel.Full liner terms – This means the same as hook to hook.In addition it does not include other port handling costs. It is important to note that this price does not typically include insurance nor does it include the stevedoring cost at both ports to attach or detach the cargo from the ship’s lifting gear. It also includes the cost of transporting the goods between the origin and destination ports. It means that the shipping line’s price includes loading the goods on to the vessel and unloading the goods at the destination port. Hook to hook – This term is used by many shipping lines when quoting prices for break-bulk sea freight.Less than container load (LCL) – Once again, as the term implies, this is a shipment that will not fill a container and therefore will require to be consolidated with other LCLs in order to economically fill a shipping container.Full container load (FCL) – As the term implies, this refers to a load that will fill a given container.Few common are discussed along with formalities involved in shipping Common Shipping Terms As with many specific areas of industry sea-freight has developed a whole plethora of terms and abbreviations over a period of time that spans centuries. MHRA 'ETA', All Acronyms, 23 February 2023, Bluebook All Acronyms, ETA (Feb. ETA, All Acronyms, viewed February 23, 2023, MLA All Acronyms. Retrieved February 23, 2023, from Chicago All Acronyms. Facebook Twitter Linkedin Quote Copy APA All Acronyms. ![]()
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