Shipping Terms Glossary
| Jetsam |
Goods thrown or lost. |
| Jettison |
The act of intentionally throwing cargo overboard e.g. with the objective of lightening a vessel, which has run aground, such for the common good of all interests: vessel, crew and remaining cargo. |
| Jetty |
A mole or breakwater, running out into the sea to protect harbours or coasts. It is sometimes used as a landing-pier. |
| Jib |
• Projecting arm of a crane • Attachment connected to the top of a crane boom |
| Job |
That work which is undertaken to meet a customer or production order and, for production control purposes, has a unique identification. |
| Joint Venture |
A joint activity of two or more companies usually performed under a common name. |
| Journey |
A voyage from one place, port or country to another one, in case of a round trip, to the same one. |
| Jurisprudence |
Juridical decisions used for explanation and meaning of law. |
| Just In Time |
Abbreviation: JIT The movement of material/goods at the necessary place at the necessary time. The implication is that each operation is closely synchronised with the subsequent ones to make that possible. A method of inventory control that brings stock into the production process, warehouse or to the customer just in time to be used, thus reducing stock piling. |