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FrançaisCompensation for cargo agreed to be shipped but unshipped (usually because it was unavailable for loading). In liner terms dead freight can also mean compensation due to a ship line because the shipper failed to meet a pre-agreed quantity commitment…
Read MoreDeadweight
The maximum carrying capacity of a ship, expressed in tons, of cargo, stores, provisions and bunker fuel. Deadweight is used interchangeably with deadweight tonnage and deadweight carrying capacity. A vessel´s capacity for cargo is less than its total deadweight tonnage.
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Cargo of such weight and volume that a long ton (2.240 pound) is stowed in an area of less than 70 cubic feet.
Read MoreDeck cargo
Goods shipped on the deck of a ship rather than in its holds. Since deck cargo is more exposed to the elements, traders may wish to stipulate that goods not be carried on deck, except in such cases as transport…
Read MoreDeclared value for carriage
The value of goods declared to the carrier by the shipper for the purposes of determining charges, or of establishing the limit of the carrier´s liability for loss, damage or delay. See valuation charges.
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