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Gross terms

Chartering terms whereby the vessel owner is responsible for the costs of loading, stowing, trimming and unloading. Many voyage charters are handled on this basis. Also called gross charter.

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Gross tonnage

The capacity of a vessel (no cargo) expressed in vessel tons. It is determined by dividing by 100 the contents, in cubic feet, of the vessel closed-in spaces. (A vessel ton is 100 cubic feet). The register of a vessel…

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Groupage

Combining cargo from more than one shipper and/or to more than one consignee for shipment together, usually in a single shipping container. On arrival, the container is unloaded, and each individual shipment may be claimed by its appropriate consignee. Also…

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Guaranteed freight

Freight charges that are not prepaid but are payable whether the cargo is delivered or not, provided that failure to deliver resulted from causes beyond the carrier´s control.

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