Navigation
The act of determining position,
location and course to the destination
of an aircraft or a vessel.
Negligence
Imprudent action or omission which may
cause injury, damage or loss.
Negotiable
In terms of documents, 'negotiable'
means that e.g. a Bill of Lading is
handed over/transferred in the right
manner (viz. proper endorsement) to
another person either endorsed in blank
or endorsed to a person and that person
acquires, by this transfer certain
rights vies-?is the goods e.g. is
entitled to take possession of the
goods.
Net Manifest
A manifest containing all freight
details including negotiated
disbursements.
Net Weight
The weight of the goods, excluding all
packing itmes.
Network
Planning System
A technique for making a time schedule
for the implementation of a project.
New
Computerized Transit System
Abbreviation: NCTS
A concept for custom authorities to
manage European Community and common
transit, based on the use of computer
systems and EDI techniques.
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
regular or direct services to certain
area.
Normal Charge
The specified general cargo rate without
any quantity discount (air cargo).
Normal General
Cargo Rate
The fewer than 45 kgs rate or, if no
under 45 kgs rate exists, the fewer than
100 kgs rate (air cargo).
Normal Rate
See Normal General Cargo Rate
Notice of
Readiness
Written document or telex issued by the
master of a vessel to the chatterer’s
advising that the vessel under his
control is ready to load or discharge.
Document advising a consignee or his
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
The party to be notified of arrival of
goods. |
Glossary ..
