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Shipping Glossary
 
COMMON SHIPPING TERMS
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NAFTA
  North American Free Trade Agreement) - A free trade agreement comprising the U.S.A. , Canada , and Mexico .
   
National Carrier
  A flag carrier owned or controlled by the state.
   
Net Terms
  Free of charters' commission.
   
Net Weight (Actual Net Weight)
  The weight of the goods alone without any immediate wrappings; e.g., the weight of the contents of a tin can without the weight of the can.
   
Non Vessel Operating Common Carrier
  Abbreviation: NVOCC
  A party who undertakes to carry goods and issues in his own name a Bill of Lading for such carriage, without having the availability of any own means of transport.
   
Notify Address
  Address of the party other than the consignee to be advised of the arrival of the goods.
   
Notify Party
  The party to be notified of arrival of goods.
 
 
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