Glossary

  • Label cargo

    Cargo requiring a label according to the provisions of the International Maritime Dangerous Goods Code.

  • Land Bridge (US)

    Containers being shipped from a foreign country by ship and subsequently carried to its final destination inland USA by rail or by truck.

  • Lashing

    Holding cargo into position by the use of securing device such as wire, ropes, lines, chains and straps.

  • Less than Container Load (LCL)

    A container consolidated with cargo from numerous shippers with the same destination, When many shipper's goods occupy a single container, each shipper's shipment is considered to be LCL.

  • Letter of Credit (LC)

    Document issued by a bank per instructions of a buyer of goods, authorising the seller to draw a specified sum of money under specified terms, usually the receipt by the bank of certain documents within a given time.

  • Letter of Indemnity (LOI)

    a) Delivered by a Shipper : Document delivered to Carrier in which the former undertakes to the ladder not to make a claim if the goods are damaged. b) Delivered by a Receiver or the entitled Person : Document delivered to the carrier to obtain delivery of the goods without remittance of Bill of Lading.

  • Limitation of liability

    Maximal indemnity per package or per kilo payable by the carrier to the holder of the Bill of Lading, in compensation of damages to goods. This limitation depends on the applicable Cargo Convention.

  • Line Haul

    Maritime portion of a route of a Vessel which covers the greatest distance of a voyage, usually across an ocean.

  • Liner Terms

    Terms indicating if handling at port of loading and/or port of discharge is included in the freight.

  • LNG

    Abbreviation for "Liquefied Natural Gas".

  • LOA

    Abbreviation for "Length Overall of the Vessel".

  • Logistics

    The process of planning, implementing, and controlling procedures for the efficient and effective storage of goods, services, and related information from the point of origin to the point of delivery for the purpose of conforming to customer requirements.

  • Long Ton (LT)

    1 Long Ton = 2,240 pounds.

  • Longshoreman

    US term to designate a terminal operator.

Cannot find the answer you are looking for? Ask our Customer Support

The information contained in this glossary is for general information only. The information is made available to CMA CGM’s clients and for internal use. Whilst CMA CGM endeavours to keep the information correct, the company makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the terms of this glossary, including, but not limited to, the definitions and interpretations. Any reliance you place on such information is therefore strictly at your own risk.
In no event shall CMA CGM and its agencies or employees be liable for any loss or damage including without limitation, direct, indirect or consequential loss or damage, of whatsoever nature arising from or in connection with the use of this glossary. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed therein.