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Shipping Glossary

Shipping Glossary

AA

Automatic approval

AA Items

Automatic approval items

AAC

Automatic attachment changer

AAPA

American Association of Port Authorities

AAR

Abbreviation for Against All Risks (insurance clause) or Association of American Railroads

AASHTO

American Association of State Highway and Transportation Officals

Abaft

A point beyond the midpoint of a ship’s length

Abandon

A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo

Abandonment

Waiving a right or a property. In marine insurance abandonment signifies the assignment of a damaged or lost ship, or it's cargo to the insurer against payment of the insured value

Abatement

A discount allowed for damage or overcharge in the payment of a bill

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