Logistic terms


We’ll help you make sense of the industry jargon and terms used.

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G/A

Abbreviation: G/A. Intentional act or sacrifice which is carried out to safeguard vessel and cargo. There is a general average act, when, and only when, any extraordinary sacrifice or expenditure is intentionally and reasonably made or incurred for the common safety for the purpose of preserving from peril the property involved in a common maritime adventure. Loss or damage sustained by the ship or cargo through delay, whether on the voyage or subsequently, such as demurrage, and any indirect loss whatsoever, such as loss of market, shall not be admitted as general average.

Gang

Group of workmen acting together especially for loading and/or discharging operations of a vessel in combination with the necessary technical equipment.

Gangway

Bridge laid from an opening in the railing or side of a vessel to the shore or to a platform with the purpose of giving access to and from the vessel.

Gantry Crane

Crane or hoisting machine mounted on a frame or structure spanning an intervening space, which often travels on rails. Used for container movements.

GATT

Abbreviation: GATT. GATT is a binding contract among (in early 1992) 103 governments. GATT was established in 1947 as an interim measure pending the establishment of the International Trade Organization, under the Havana Charter. Operating in the absence of an explicit international organization, GATT has provided the legal framework for international trade with its primary mission being the reduction of trade barriers.

GCR

Abbreviation: GCR. Rate for the carriage of cargo other than a class rate or specific commodity rate (air cargo).

GEN-SET

Motor generator set as power source for e.g. thermal containers.

General Agreement on Tariffs and Trade

Abbreviation: GATT. GATT is a binding contract among (in early 1992) 103 governments. GATT was established in 1947 as an interim measure pending the establishment of the International Trade Organization, under the Havana Charter. Operating in the absence of an explicit international organization, GATT has provided the legal framework for international trade with its primary mission being the reduction of trade barriers.

General Average

Abbreviation: G/A. Intentional act or sacrifice which is carried out to safeguard vessel and cargo. There is a general average act, when, and only when, any extraordinary sacrifice or expenditure is intentionally and reasonably made or incurred for the common safety for the purpose of preserving from peril the property involved in a common maritime adventure. Loss or damage sustained by the ship or cargo through delay, whether on the voyage or subsequently, such as demurrage, and any indirect loss whatsoever, such as loss of market, shall not be admitted as general average.

General Average Act (York-Antwerp Rules)

There is a general average act when, and only when any extraordinary sacrifice or expenditure is intentionally and reasonably made or incurred for the common safety for the purpose of preserving from peril the property involved in a common maritime adventure.

General Average Bond

Document required of cargo owners, after a G/A loss, obtaining their agreement to pay any contribution that may become due.

General Average Contribution

Such losses or expenditures are contributed to by all the interests at risk on the basis of their respective values.

General Average Security

Documents the cargo owner presents to the General Average Adjuster to replace the vessel owner’s maritime lien on cargo for its share of General Average and to obtain release of the goods by the Steamship Company. G/A Security consists of a G/A Bond and either a cash deposit or an underwriter’s guarantee.

General Average Statement

This shows in detail all general average costs and expenses and the contribution of each interest in the general average in proportion to its value.

General Cargo

Cargo, consisting of goods, unpacked or packed, for example in cartons, crates, bags or bales, often palletized.

General Cargo Rate

Abbreviation: GCR. Rate for the carriage of cargo other than a class rate or specific commodity rate (air cargo).

General Commodity Rate

Abbreviation: GCR. Rate for the carriage of cargo other than a class rate or specific commodity rate (air cargo).

General Export License

General license covering goods for which validated export licenses are not required. No formal application or written authorization is needed to ship exports under a general export license.

General Purpose Container

Container used for the carriage of general cargo without any special requirements for the transport and/or the conditioning of the goods.

Germanischer Lloyd

German classification society.

GHA

Ground Handling Agent. Official agent at the airport responsible for moving freight between the terminal and aircraft.

Godown

Warehouse or cargo shed. This term is often used in the Far East.

Good Faith

Basic principle of law, also applicable in insurance. A breach of good faith entitles the underwriter to cancel the contract.

Goods

Common term indicating movable property, merchandise or wares.

Goods Control Certificate

Document issued by a competent body evidencing the quality of goods described therein, in accordance with national or international standards, or conforming to legislation in the importing country, or as specified in the contract.

Goods Flow

Direction and path of the movement of goods and sequence of placement of those goods in a supply chain.

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