A/S: Alongside AA: Always afloat AAAA: Always accessible always afloat AAOSA: Always afloat or safely aground AARA: Amsterdam-Antwerp-Rotterdam Area Abbreviations. LIST OF ABBREVIATIONS xv AAIFR - Appellate Authority for Industrial and Financial Reconstruction ACE - Asset Care Enterprise Ltd. ACH - Automated Clearing Houses ACU - Asian Clearing Union AD - Authorised Dealer ADB - Asian Development Bank ADR - American Depository Receipt In the old days the need for keeping the length of communication offshore was imperative to save time. In the daily works, the knowledge about abbreviations should be accumulated intentionally, and more abbreviations should be used as possibly. the terms used in shipping. CAF: Currency Adjustment Factor CBM/CM Cubic Meter (35.314 CFT= 1 CBM). Asset-based: A transportation company that owns its own equipment, usually trucks or containers. Code Names of Charter Parties. bunker adjustment charge B.A.F. Contents. bunker adjustment factor Bags/Bulk part in bags, part in bulk Ballast heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo 05/21/2013 1 00-TAD-C-D-V01.0 ACRONYMS AND ABBREVIATIONS AES Automated Export System BAF Bunker Adjustment Factor BSC: Bunker Surcharge. Technically it is a non-negotiable instrument of air transport which serves as a receipt for the shipper, 3 Full PDFs related to this paper. Usually, but not always, it consists of a letter or group of letters taken from the word or phrase. Edition: 1.1 December 1997 Commercial Shipping Common abbreviations used in chartering and freight handling The following is a list of abbreviations, initialisms, and acronyms that you may come across during the Commercial Shipping course. The act provides that the shipowner's liability will be limited to $500 per shipping package, and it stipulates a one-year time limit for filing suit against the carrier. A short summary of this paper. (EN) (PDF) – Common Shipping Terms and Abbreviations | School of Shipping. abbreviations are extensively used in the shipping industry, to grasp and understand the composing and use of usual abbreviations is the necessary guarantee to ensure the effective communication. Computer Terminology. B/L Bill of Lading C/ Consignee. In shipping there are many abbreviations. This act automatically applies to international ocean movements but not to domestic ocean transits unless the carrier agrees to be bound by it. An abbreviation (from Latin brevis, meaning "short") is a shortened form of a word or phrase. When CARRIER Incoterms Common Terms. by airlines and shipping lines on behalf of forwarders/shippers. CBF/CF/CFT Cubic Feet CFS Container Freight Station COD: Collect on Delivery COL: Collect Charges. Part 1 - Terms and Abbreviations - 4 - B B2B business to business B2C business to consumer B.A.C. International Code of Signals. 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