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Glossary of terms for phrases beginning with “S”

Seawaybill

A type of bill of lading used for port-to-port or combined transport carriage. A waybill is identical to a negotiable bill of lading except that it is not a document of title. There are no originals issued for this type of document. In some jurisdictions, such as the USA, a waybill is deemed the equivalent of a (straight) consigned bill of lading.

See also Waybill.


Service Agreement

Private contracts between one or more carriers and one or more shippers to transport cargo between specified points under terms and conditions of carriage agreed and listed in the contract. It often allows for particular rates based on volume over a specified period of time.

Also commonly known as a service contract.


Set Point

Specific temperature that a refrigerated container has been set to keep. Ideally, the set point and the actual temperature should be identical throughout the voyage.


Ship's Chandlers

Suppliers of various items to the vessel.


Shipper

1) Person who consigns something (e.g. the goods of an individual shipment).

2) Legal entity or person named on the bill of lading or waybill as shipper and/or who (or in whose name or on whose behalf) a contract of carriage has been concluded with a carrier.

Also known as consignor.


Shipper Packed

Contents of containers as loaded (stuffed), stowed (packed/braced), weighed and/or counted by or for the shipper, usually a CY load.


Shipping Order

Equivalent of booking and contract of carriage evidencing the agreement to transport goods.


Short Landed

Cargo volume count (at delivery destination) less than originally shipped.


Short Shipped

Cargo missing a vessel that it was originally intended for.


Slot Charter

A carrier's chartering of slots/spaces on other carrier's vessels.


SMDG

User Group for Shipping Lines and Container Terminals.

SMDG develops and promotes UN/EDIFACT EDI messages for the maritime industry and is an official Pan European User Group recognised by the UN/EDIFACT Board.


Special Customs Invoice

An official form usually required by U.S. Customs if the rate of duty is based upon the value, and the value of the shipment exceeds USD 500. This document is usually prepared by the foreign exporter or his forwarder and is used by customs in determining the value of the shipment. The exporter or his agent must attest to the authenticity of the data furnished.


Special Rate

Rate established for a specified commodity for a specific period of time.


SS

Steamship.


ST

1 Short Ton = 2 000 lbs.


STC

Abbreviation for Said To Contain.


Stevedore

Terminal operator who is designated to facilitate the operation of loading and discharging vessels and various terminal activities.

Also known as longshoreman.


Stock Keeping Unit [SKU]

Smallest unit grouping for goods, normally indicating a single retail item. Usually, several SKUs will be under one purchase order.


Storage Charge

Charge for goods held in storage facilities (warehouses) under a fixed agreement for periods of time, and which is not included in other arrangement.


Supply Chain

The movement of materials and information through the logistics process from acquisition of raw materials to delivery to end-user. The supply chain includes all vendors, service providers and customers.


Supply Chain Management

The management and control of all materials and information in the logistics process from acquisition of raw materials to delivery to end-user.


Surcharges

Additional charges above ocean freight.

See also Add-Ons.


SWIFT

Society for Worldwide Interbank Financial Telecommunication

A cooperative organised under Belgian law providing the following services to participating financial institutions: Letters of credit (opening and transmission), money transfers, payment security settlements.

Other businesses participating in SWIFT are: Security brokers and delaters, clearing and depository institutions, security exchanges and travellers cheques issuers.