By Published On: 9 February 2021Categories: Articles3.3 min read

Try to imagine the coffee you drink today, the branded bags you use, fuel oil, vehicles, food and drink, until your everyday clothes. Are you aware that you can feel and get all of that because of the great influence of the maritime industry?

As the name implies, maritime matters relating to the sea. Even so, talking about the maritime industry is not only about marine affairs, but also everything related to maritime affairs, either directly or indirectly. Starting from shipyards, manufacturing ship components, exporting or importing goods, transportation and port services, to marine tourism and lodging.

Are you the one who works in this sector? If so, it is important for you to know the various maritime industry terms below. Immediately take a look at the reviews that Tomps.id has summarized below!

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1. ABS (American Bureau of Shipping)

United States-owned classification society that states if a ship has complied with standard physical construction and maintenance conditions. ABS develops its technical standards and specifications, collectively known as ABS Rules & Guides. These regulations then form the basis for assessing the design and construction of new vessels and the integrity of existing vessels and marine structures.

2. Anchorage Area

The anchor area is an area where the ship can safely lower anchor. Here, the ships will dock to wait for the licensing / service process at the port to be completed. The location of this anchor area is usually not far from the harbor.

3. Apron

Space behind the jetty specifically between the jetty and the front of the warehouse or container yard (at the container terminal). The apron functions as a place for loading and unloading, until for the movement of container transport at the pier.

4. Backhaul

The mode or cargo used to deliver goods to return to the original or initial route, either in full or half full cargo. Usually, the movement of the cargo for sea transportation will be in the opposite direction to the distribution of the main cargo.

5. Barge

Barge is a type of ship with a flat hull or a large floating box. Barge used to carry cargo from the port into shallow water. Barges are towed by tugboats and are often also used to accommodate tides such as floating piers.

6. Bill of Lading

Bill of Lading is a formal contract between shipper and carrier that outlines the requirements for moving the cargo at certain points. This Bill of Lading document contains detail information such as name of sender, name of ship, cargo data, port of loading, port of unloading, freight details, method of payment, to the name of the consignee.

7. Weight Tonnage

Dead Weight Tonnage (DWT) is the maximum weight of the ship including the ship itself, cargo, fuel, clean water, ballast water, equipment, and ballast. The DWT percentage for the payload is 90% of the total DWT.

8. Demurrage

Penalty charges are calculated when cargo is not removed from the dock when the allowance expires. Demurrage costs averaged $ 60 per box/day for a 20-foot container and $ 100 per box/day for a 40-foot container.

9.Foreign Trade Zone (FTZ)

The Foreign Trade Zone (FTZ) is a free trade area and free port. In this region, foreign and domestic goods are stored until they are ready to be released to international trade. If the product is to be imported, duties and taxes are not paid until the goods are released to the market of the destination country.

These transported goods can enter the FTZ without paying any government duties or excise taxes. Within the zone, goods can be stored, sampled, repackaged or re-labeled, cleaned, combined with other products, repaired or assembled, and so on.

Those are 9 important terms in the maritime industry that you may not know. Always update the latest information about project management here with Tomps.id, your project management solution!

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