Logistic terms

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Notice of Readiness
Abbreviation: NOR. 1. Written document or telex issued by the master of a vessel to the charterers advising them the moment when a vessel is ready to load or discharge. 2. Document advising a consignee or their agent that cargo has arrived and is ready for delivery.  
Notify Address
Address of the party other than the consignee to be advised of the arrival of the goods.  
Notify Party
Party to be notified of arrival of goods. Arrival Notice
NTB
Non-Tariff Barriers
NVD
No Value Declared
NVOC
Non Vessel Operating Carrier
O/C
Open Cover.  
OBO Vessel
Oil Bulk Ore Vessel
Obsolete Stock
Products or materials that cannot be or are unlikely to be used in future processes and which are to be sold or disposed of through the usual outlets.  
Ocean Bill of Lading
Bill of Lading (B/L) issued by the actual shipping line. Air WaybillConsignment NoteThrough Bill of Lading