Shipping Glossary
| Ocean Bill of Lading |
A contract for transportation between a shipper and a carrier. It also
evidences receipt of the cargo by the carrier. A bill of lading shows
ownership of the cargo and, if made negotiable, can be bought, sold or
traded.
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| On Board |
A notation on a bill of lading that cargo has been loaded on board a vessel.
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| On Deck |
A notation on a bill of lading that the cargo has been stowed on the open
deck of the ship.
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| On-carriage |
The carriage of goods (containers) by any mode of transport to the place of delivery
after discharge from the ocean vessel (main means of transport) at the port (place) of
discharge.
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| Open Top Container |
A container fitted with a solid removable roof, or with a tarpaulin
roof so the container can be loaded or unloaded from the top.
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| Original Bill of Lading (OBL) |
A document which requires proper signatures for consummating carriage
of contract. Must be marked as "original" by the issuing carrier.
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| Out of Gauge |
Cargo which exceeds the internal dimensions of the container in width,
length or height.
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| Outport |
Destination port, other than a base port,
to which rates apply but which may be subject to additional outport arbitraries.
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| Overland Common Port (OCP) |
A special rate concession made by shipping lines,
rail carriers and truckers serving the U.S.
West Coast for export and import traffic,
intended to benefit Midwest shippers and importers by equalising rates to and from other coastal areas, and offering these Midwest companies a comparable alternative.
The steamship companies lower their rates and the inland carriers pick up the terminal charges,
which consist of handling charges,
wharfage charges and car loading or unloading charges.
OCP rates apply to cargo shipped from or consigned to the states of:
North Dakota, South Dakota, Nebraska, Colorado, New Mexico and all states east thereof.
OCP rates in Canada apply to the provinces of: Manitoba, Ontario and Quebec.
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