Logistic terms
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Original Equipment Manufacturers
Abbreviation: OEM. Customers who incorporate the exporter's product into their own merchandise for resale under their own brand names.
Abbreviation: OEM. Customers who incorporate the exporter's product into their own merchandise for resale under their own brand names.
Out of Gauge Cargo
Cargo of which dimensions exceed the normal dimensions of a 20- or 40-feet container, e.g. overlength, overwidth, overheight, or combinations thereof.
Cargo of which dimensions exceed the normal dimensions of a 20- or 40-feet container, e.g. overlength, overwidth, overheight, or combinations thereof.
Outsider
Shipping line, which operates on a route served by a liner conference but which is not a member of that conference.
Shipping line, which operates on a route served by a liner conference but which is not a member of that conference.
Outturn Report
Written statement by a stevedoring company in which the condition of cargo discharged from a vessel is noted along with any discrepancies in the quantity compared with the vessel's manifest.
Written statement by a stevedoring company in which the condition of cargo discharged from a vessel is noted along with any discrepancies in the quantity compared with the vessel's manifest.
Outward Handling
Operations to be performed on outgoing goods from a production unit, both administrative and physical, starting at the moment forwarding orders can be executed to the moment of actual departure of the goods.
Operations to be performed on outgoing goods from a production unit, both administrative and physical, starting at the moment forwarding orders can be executed to the moment of actual departure of the goods.
Over Pivot Rate
Rate per kilogram to be charged for the over pivot weight (air cargo). Pivot Weight
Rate per kilogram to be charged for the over pivot weight (air cargo). Pivot Weight
Over Pivot Weight
Weight in excess of the pivot weight (air cargo). Pivot Weight
Weight in excess of the pivot weight (air cargo). Pivot Weight
Overage Additional Premium
All additional premiums charged on an open cover declaration where the carrying vessel is outside the scope of the classification clause. It may be applied, also, to additional premium charged for breach of navigational warranties (e.g. institute warranties) where the ship is more than 15 years old.
All additional premiums charged on an open cover declaration where the carrying vessel is outside the scope of the classification clause. It may be applied, also, to additional premium charged for breach of navigational warranties (e.g. institute warranties) where the ship is more than 15 years old.
Overcarrier
Carrier within a consortium which carries cargo beyond the allotment distributed to them. Undercarrier
Carrier within a consortium which carries cargo beyond the allotment distributed to them. Undercarrier
Overheight Cargo
Cargo exceeding the standard height.
Cargo exceeding the standard height.
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