The shipping industry is full of abbreviations. Below you will find the most common abbreviations explained:
Bunker Adjustment Factor. The BAF is reviewed on a monthly basis and the level is based on the average price for the range between the 15th and 14th of the two preceding months. See how Unifeeder calculates BAF.
Baltic Sea Region
Corporate Social Responsibility. Unifeeder has a clear CSR policy
Globalisation of production and consumption patterns have been greatly facilitated by the increased use of container transportation. This is largely because of the numerous technical and economic advantages containerisation possesses over traditional methods of transportation.
Integrated Electronic Data Inter-change. A powerful way of business communication.
On transoceanic routes, international container shipping lines use large container ships with capacities of up to 18,000 TEU. The cargo is discharged at large transshipment ports (hubs) and reloaded on smaller vessels (feeders) for further transport to the actual port of destination.
Health, Safety, Security and Environment
International Maritime Dangerous Goods. A code regulating the transport of dangerous goods at sea.
International Maritime Organisation
Movement of goods (in one and the same loading unit or a vehicle) by successive modes of transport without handling of the goods themselves when changing modes. Intermodal transport is, therefore, a particular type of multimodal transport.
International Organisation for Standardisation
International Ship and Port Security
Marine pollution. MARPOL conventions are negotiated within the IMO framework.
Carriage of goods by at least two different modes of transport.
Particularly Sensitive Sea Area
Sulphur Emission Control Area
When intra-European cargoes are carried from door-to-door, seaborne transport is combined with rail and/or road into an integrated multimodal transport chain that optimises the whole supply chain rather than each individual link.
One TEU represents the cargo capacity of a standard intermodal container, 20 feet long and 8 feet wide. See the varieties of containers Unifeeder handle.