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| Shipping Glossary |
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| COMMON SHIPPING TERMS |
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KNOT, NAUTICAL |
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The unit of speed equivalent to one nautical mile: 6,080.20 feet per hour or 1.85 kilometers per hour. |
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Kyoto
Convention |
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The convention for the International Customs Co-operation
Council held in Kyoto in 1974 for the simplification
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harmonisation of national customs procedures. |
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On 25th of June 1999 the updated and restructured
International Convention on the simplification
and harmonisation of Customs Procedures (Kyoto
Convention) was unanimously adopted by 114 customs
administrations. |
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This convention was restructured to deal with
computerised controls and to ensure better co-
operation between customs authorities mutually
and with trade in general. |
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