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COMMON SHIPPING TERMS
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War
Risk |
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Perils of war or warlike operations, such as capture,
seizure, arrests, restraints of kings, princesses
and people, hostilities, civil war, mines, torpedo's.
War risks are not covered under a policy for marine
perils and must therefore be covered under a separate
policy for war risks.
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Warehouse |
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A building specially designed for receipt, storage
and handling of goods. |
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Warehouse Receipt |
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Receipt for products deposited in a warehouse.
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Warehousing |
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Those activities of holding and handling goods
in a warehouse (store). |
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Warsaw Convention |
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The Convention for the Unification of Certain
Rules Relating to International Carriage by Air,
signed at Warsaw, 12 October 1929, or that Convention
as amended by the Hague Protocol, 1955, stipulating
obligations or parties and limitations and/or
exonerations of carriers (air cargo). |
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Waybill |
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Non-negotiable document evidencing the contract
for the transport of cargo. |
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Weight Charge |
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The charge for carriage of goods based on their
weight (air cargo). |
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Wharf |
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A place for berthing vessels to facilitate loading
and discharging of cargo. |
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Wharfage |
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The fee charged for the use of a wharf for mooring, loading or discharging a vessel or for storing goods. |
