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IATA |
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International Air Transport Association. |
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ICAO |
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(International Civil Aviation Organization) - A specialized agency of the United Nations headquartered in Montreal . It promotes general development of civil aviation such as aircraft design and operation, safety procedures, and contractual agreements. |
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ICC (INTERNATIONAL CHAMBER OF COMMERCE) |
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A non-governmental organization serving as a policy advocate on world business. |
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Idle
Time |
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The amount of ineffective time whereby the available
resources are not used e.g. a container in a yard. |
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IGLOO |
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A contoured structural container designed for use in main-deck carriage on narrow body aircraft. |
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IMPORT LICENSE |
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A certificate issued by countries exercising import controls that permits importation of the articles stated in the license and often authorizes and/or releases the funds in payment of the importation. |
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INDUCEMENT |
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When steamship lines publish in their schedules the name of a port and the words "by inducement" in parentheses, this means the vessel will call at the port if there is a sufficient amount of profitable cargo available and booked. |
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INDUCEMENT |
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When steamship lines publish in their schedules the name of a port and the words "by inducement" in parentheses, this means the vessel will call at the port if there is a sufficient amount of profitable cargo available and booked. |
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INLAND CARRIER |
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A transportation line which hauls export or import cargo between ports and inland points. |
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INSPECTION CERTIFICATE |
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A document certifying that merchandise was in good condition, or in accordance with certain specifications immediately prior to shipment. |
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INTEGRATED CARRIER |
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A forwarder that uses its own aircraft, whether owned or leased, rather than scheduled airlines. |
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INTERLINE |
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A mutual agreement between airlines to link their route network. |
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INTERMODAL |
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This refers to the capacity to go from ship to train to truck or the like. The term generally refers to containerized shipping or the capacity to handle containers across different modes of transport. |
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In Transit |
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The status of goods or persons between the outwards
customs clearance and inwards customs clearance. |
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INCO Terms |
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Trade terms in coded form as established by the
International Chamber of Commerce in 1953, whereafter
they have been regularly updated. (Last update
2000). The terms represent a set of international
rules for the interpretation of the principal
terms of delivery used in trade contracts. |
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Inland Waterways Bill
of Lading |
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Transport document made out to a named person,
to order or to bearer, signed by the carrier and
handed to the sender after receipt of the goods. |
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Insurance |
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A system of protection against loss under which
a party agrees to pay a certain sum (premiums)
for a guarantee that they will be compensated
under certain conditions for loss or damage. |
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Insurance Certificate |
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Proof of an insurance contract. |
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Insurance Company |
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The party covering the risks of the issued goods
and/or services that are insured. |
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Intermodal Transport |
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The movement of goods (containers) in one and
the same loading unit or vehicle which uses successively
several modes of transport without handling of
the goods themselves in changing modes. |
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International Air Transport
Association |
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Abbreviation: IATA |
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An international organisation of airlines, founded in 1945, with the aim of promoting the commercial air traffic. Parties should achieve this by co-operation between the parties concerned and by performance of certain rules, procedures and tariffs, regarding both cargo and passengers. |
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International Association
of Classification Societies |
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Abbreviation: IACS |
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An organisation in which the major classification societies, among others American Bureau of Shipping, Lloyd's Register of Shipping and Germanischer Lloyd, are joined, whose principal aim is the improvement of standards concerning safety at sea. |
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International Chamber
of Shipping |
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Abbreviation: ICS |
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A voluntary organisation of national shipowner'
associations with the objective to promote interests
of its members, primarily in the technical and
legal fields of shipping operations. |
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International Maritime
Dangerous Goods Code |
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Abbreviation: IMDG Code |
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A code, representing the classification of dangerous
goods as defined by the International Maritime
Organisation (IMO) in compliance with international
legal requirements. |
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International Maritime
Organisation |
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Abbreviation: IMO |
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An United Nations agency concerned with safety
at sea. Its work includes codes and rules relating
to tonnage measurement of vessels, load lines,
pollution and the carriage of dangerous goods.
Its previous name was the Inter-Governmental Maritime Consultative Organisation (IMCO). |
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Invoice |
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An account from the supplier, for goods and/or
services supplied by him. |
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