Tariffs and Customs Terms O.1.91

Question 1

a container yard or Container Freight Station outside the docking area, wharf, or pier

Answer 1

off-dock CY/CFS

Question 2

a request to buy certain goods or services at a specific price.

Answer 2

offer

Question 3

a situation wherein a chartered ship is not in operation due to engine breakdown, repair drydocking, etc.

Answer 3

off-hire

Question 4

a situation wherein a hired equipment has been returned to its owner.

Answer 4

off-hire

Question 5

inspection of ships condition upon her re-delivery from a charter voyage.

Answer 5

of hire survey

Question 6

outside a country’s jurisdiction or tax regime

Answer 6

offshore

Question 7

an umbrella term for a broad range of industrial and commercial compensation practices required as a condition of purchase in commercial or government-to-government sales of either military or high-cost civilian hardware

Answer 7

offsets

Question 8

manufacture of goods overseas by a domestic firm for its own use.

Answer 8

offshore manufacturing

Question 9

a vessel designed to carry either dry or liquid bulk cargo.

Answer 9

oil bulk ore carrier

Question 10

a port that mainly handles oil, it has deep water jetties for large oil tankers, and has storage tanks and refineries.

Answer 10

oil port

Question 11

as defined by the U.S. Department of Commerce, it refers to large-scale manufacturing firms with export sales 15% greater than their total sales.

Answer 11

old-to-market

Question 12

a bill of lading which indicates that cargo has been received on board a designated ship, and duly signed by her or master or agent.

Answer 12

on-board bill of lading

Question 13

the carriage of containerized cargo from a vessel at the port of discharge to the place of delivery.

Answer 13

on carriage

Question 14

inspection of a ship’s condition during her delivery for charter voyage.

Answer 14

on-hire survey

Question 15

synonymous to terms like local charge, local rate, or online rate, it is the freight imposed on cargoes carried along the routes of a single carrier

Answer 15

on-line charge

Question 16

a Customs that electronically issues and transmits cargo release instructions from a Customshouse to the arrastre firm, warehouse, and off-dock operators.

Answer 16

On-Line Release System

Question 17

a trade arrangement wherein goods are shipped to a foreign buyer on credit. Since this is risky, the supplier must make sure the buyer’s integrity is beyond question.

Answer 17

open account

Question 18

a bill of lading that does not indicate the consignee of the cargo.

Answer 18

open bill of lading

Question 19

operation of a Customs bonded warehouse wherein the tracking, monitoring and accounting of conditionally-free shipments is done by means of computers, obviating the need to assign Customs personnel at the warehouse.

Answer 19

open bonded warehouse

Question 20

a charter contract that does not specify both the nature of the cargo and the port of destination

Answer 20

open charter

Question 21

a crate for flexible articles that require minimal packing

Answer 21

open crate

Question 22

a cargo marine insurance that covers all shipments caried aboard vessel for a specified period.

Answer 22

open insurance

Question 23

a freight rate negotiated by a shipper with a shipping line, for transport of cargo in excess of the minimum quantity allowed per vessel.

Answer 23

open rate

Question 24

vessel the space between the first and the second decks of a vessel, and is not included in the computation of gross register ton or net register ton. It is the lowest set of tonnage.

Answer 24

open shelter

Question 25

a container with collapsible side doors to facilitate cargo loading or discharge.

Answer 25

open side container