Shipping Terms Glossary
| FMC |
Federal Maritime Commission (Control of Shipping acts USA) |
| FTL |
Full Truck Load, an indication for a truck transporting cargo directly from supplier to receiver. |
| Factory Delivery |
The delivery of goods by a factory whereby the goods are put at the disposal of another (internal) party such as a commercial department. |
| Feeder |
A vessel normally used for local or coastal transport (for carriage of cargo and/or containers) to and from ports not scheduled to be called by the main (ocean) vessel, directly connecting these ports to the main (ocean) vessel. |
| Flag |
An indication of the country in which a means of transport is registered through a reference to the ensign of this country. |
| Flammable |
Capable to be set on fire under given circumstances. (Amendment 25 IMO DGS). |
| Flash Point |
The lowest temperature at which a good produces enough vapour to form a flammable mixture with air. |
| Flat Rack Container |
A container with two end walls and open sides. |
| Fleet |
Any group of means of transport acting together or under one control. |
| Force Majeure |
Circumstance which is beyond the control of one of the parties to a contract and which may, according to the terms and conditions, relieve that party of liability for failing to execute the contract. |
| Fork Lift Truck |
A three or four wheeled mechanical truck with forks at the front designed for lifting, carrying and stowing cargo. |
| Forty Foot Equivalent Unit |
Abbreviation: FEU Unit of measurement equivalent to one forty foot container. |
| Forwarder |
The party arranging the carriage of goods including connected services and/or associated formalities on behalf of a shipper or consignee. |
| Forwarding Charge |
Charges paid or to be paid for preliminary surface or air transport to the airport of departure by a forwarder, but not by a carrier under an Air Waybill (air cargo). |
| Forwarding Instruction |
Document issued to a freight forwarder, giving instructions to the forwarder for the forwarding of goods described therein. |