Vacuum Packing
A packaging technique that sucks all the
air and moisture from a product, packing
the goods in a vacuum. This reduces the
size of the product, allowing more goods
to be packed.
Validation Rule
The validation rules are a subset of the
business rules defining constraints on
the logical data model. They are
expressed in the definitions of
entities, domains and attributes.
Valuable Cargo
A consignment which contains one or more
valuable articles.
Valuation
Charge
Transport charges for certain goods,
based on the value declared for the
carriage of such goods.
Value Added Tax
Abbreviation: VAT
A form of indirect sales tax paid on
products and services at each stage of
production or distribution, based on the
value added at that stage and included
in the cost to the ultimate customer.
Vendee
Buyer.
Vendor
Seller.
Very Large
Crude Carrier
Abbreviation: VLCC
A vessel designed for the carriage of
liquid cargo in bulk with a loading
capacity from 50.000 till 250.000 DWT.
Vessel
A floating structure designed for the
transport of cargo and/or passengers.
Boiler, drum.
Volatility
Allowance
The largest difference in container
availability taking into account past
peaks in net demand after having removed
the trend in container demand during the
repositioning trade-off period.
Volume
Size or measure of anything in three
dimensions.
Volume Charge
A charge for carriage of goods based on
their volume (air cargo).
Voucher
A receipt, entry or another document
which establishes the accounts.
Voyage
A journey by sea from one port or
country to another one or, in case of a
round trip, to the same port.
Voyage Charter
A contract under which the ship-owner
agrees to carry an agreed quantity of
cargo from a specified port or ports to
another port or ports for a remuneration
called freight, which is calculated
according to the quantity of cargo
loaded, or sometimes at a lump sum
freight.
Voyage Number
Reference number assigned by the carrier
or his agent to the voyage of the
vessel. |
Glossary ..
