Tariffs and Customs Terms B.1.16 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
generally be regarded as the owner for the voyage or service stipulated. The charterer mans the vessel with his own people and becomes the owner pro hac vice, subject to liability to others for damages caused by negligence. To create a demise, the owner of a vessel must completely and exclusively relinquish possession, command and navigation thereof to the charterer, anything short of such a complete transfer is a contract of affreightment.
bareboat or demise charter
it is a charter party where there is an entire surrender by the owner of the vessel to the charterer, who hires the vessels as one hires a house, takes her empty, and provides the officers and provisions, an, in short, the entire outfit. In such a contract, the charterer is substituted in place of the owner and becomes the owner for the voyage.
bareboat charter or demise of the vessel
tariffs which are neither very low nor very high. It is intended for bargaining vis-à-vis with other countries.
bargaining tariffs
an open-top, cargo-carrying vessel that navigates inland waters. Either motorized or towed, some barges are temporarily covered to protect dry and liquid cargoes
barge
ports wherein part of the ship’s cargo must be unloaded prior to her entry-lest her bottom touches the sand bank
bar post
a marine peril that involves any wrongful, fraudulent, or criminal act willfully committed by the ships captain or crew, thereby causing damage or loss to cargo or ship
barratry
a unit of volume (equivalent to 42 U.S. gallon) for petroleum and refined products
Barrel
these are special devices mounted on container doors to provide watertight locking
bars
a transaction whereby a commodity or shipment is exchange with another
barter
home depot of container or trailer
base
adopted ion 1989, in Basel, Switzerland, by a United Nations-sponsored conference of 116 nations, it mandated the restriction of trade in dangerous and solid waste, some non-dangerous wastes, and incinerator ash
Basel Convention
iron, steel, copper, nickel, aluminum, lead, zing, tin, and articles thereof, and other base metals and their articles.
base metals
payments of duties and taxes due on imported goods, in cash or its equivalent
basic payment
items of an inventory ready for sale anytime
basic stock
a measurement for crude oil and refined products delivered through a pipeline
batch