Shipping Glossary.

Duty calculated as a percentage of the total value of the goods, rather than weight or quantity.

A non-negotiable contract between a shipper and an airline for the transport of air freight.

Nigeria's premier port complex and a major hub for international maritime trade in West Africa.

A secure facility where goods may be stored without payment of duty until they are removed for final use.

An adjustment charge added by shipping lines to account for fluctuations in fuel costs.

Cargo that is not containerized but loaded individually, such as machinery, pipes, or project cargo.

Unit of volume used to calculate shipping costs for bulk and Less-than-Container Load (LCL) shipments.

The party named in shipping documents as the authorized receiver of the goods.

A logistics practice where goods are unloaded from an incoming vehicle and loaded directly into outbound vehicles.

A licensed professional who facilitates the clearance of goods through customs for importers or exporters.

Charges applied when an empty container is not returned to the shipping line within the agreed timeframe after de-stuffing.

The seller assumes all responsibility, including taxes and duties, until the goods reach the buyer's destination.

An inland intermodal terminal directly connected by road or rail to a seaport.

Computer-to-computer exchange of business documents in a standardized electronic format.

Estimated Time of Arrival. The date and time a carrier is expected to reach its destination.

Foreign exchange earnings generated from the sale of goods or services exported from Nigeria.

A standard 40-foot container used as a base unit for measuring container capacity.

The seller is responsible until the goods are loaded onto the vessel at the named port of shipment.

An agent who organizes shipments for individuals or corporations to get goods from the manufacturer to a final point of distribution.

Insurance coverage for goods being transported by road, rail, or air against loss or damage.

The total weight of the goods, including packaging and the container or pallet.

The process of consolidating small shipments from multiple customers into a single container.

Hazardous Materials. Goods that pose a risk to health, safety, or property during transportation.

The commercial transport of goods by road, usually involving large trucks or trailers.

Mubraiz Resources' primary facility for truck staging and logistics management along the Lagos-Ibadan corridor.

A tax collected on imports by the customs authorities of a country based on the value of the goods.

Inventories strategy where materials are delivered exactly when needed in the production process.

Unit of speed used in maritime navigation, equal to one nautical mile per hour.

Shipments that do not fill a whole container and are consolidated with other cargoes.

Nigeria's first deep-sea port designed to handle large vessels and reduce congestion at Apapa.

A standard unit of measurement for truck cargo space (1 linear meter of the truck's length).

Nigerian Ports Authority. The federal agency that governs and operates the ports of Nigeria.

Nigerian Maritime Administration and Safety Agency. Responsible for maritime safety and security.

The process of placing goods on pallets for easier handling, storage, and transport.

The amount of time cargo stays in a terminal after it has been offloaded from a vessel.

A refrigerated container used for transporting temperature-sensitive cargo like food or pharmaceuticals.

Vessels designed to carry wheeled cargo, such as cars, trucks, and trailers, that are driven on and off the ship.

A specialized trailer chassis designed for the transport of shipping containers of various sizes.

Standards Organisation of Nigeria Conformity Assessment Program. Mandatory for regulated products imported into Nigeria.

A regularly used route for ocean-going vessels.

Document issued by a terminal operator authorizing the release of cargo to a carrier.

The total time required for a shipment to move from its point of origin to its final destination.

The empty space in a liquid container, such as a tank or a bottle, to allow for expansion.

A consumption tax placed on a product whenever value is added at each stage of the supply chain.

A document detailing all cargo loaded onto a ship for export, submitted to customs before departure.

A software application designed to support and optimize warehouse functionality and distribution center management.

An advance payment of income tax in Nigeria, typically deducted at source from payments to contractors.