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Shipping Glossary
 
COMMON SHIPPING TERMS
az
 
KNOT, NAUTICAL
  The unit of speed equivalent to one nautical mile: 6,080.20 feet per hour or 1.85 kilometers per hour.
   
Kyoto Convention
  The convention for the International Customs Co-operation Council held in Kyoto in 1974 for the simplification and harmonisation of national customs procedures.
   
  On 25th of June 1999 the updated and restructured International Convention on the simplification and harmonisation of Customs Procedures (Kyoto Convention) was unanimously adopted by 114 customs administrations.
   
  This convention was restructured to deal with computerised controls and to ensure better co- operation between customs authorities mutually and with trade in general.
 
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