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Shipping Glossary

Shipping Glossary

DDP

Delivery Duty Paid

DDP (Delivered Duty Paid)

The seller fulfills his obligation to deliver when the goods have been made available at the names place in the country of importation. The seller has to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, clear for importation. While the EXW term represents the minimum obligation for the seller, DDP represents the maximum

DDU

Delivered Duty Unpaid

DDU (Delivered Duty Unpaid)

The seller fulfills the obligation to deliver when the goods have been made available at the named place in the country of importation.The seller has to bear the costs and risks involved in bringing the goods thereto (excluding duties, taxes and other official charges payable upon importation) as well as the costs and risks of carrying out customs formalities. The buyer has to pay any additional costs and to bear any risks caused by failure to clear the goods for in time

Deadhead

One leg of a move with either a bobtail tractor alone or a tractor pulling an empty container

Deadweight Cargo

A long ton of cargo that can be stowed in less than 70 cubic feet

Deadweight Cargo Carrying Capacity

Syn.: Deadweight Loading Capacity

Deadweight Tonnage (D/W)

The number of tons of 2,240 lbs that a vessel can transport of cargo, stores and bunker fuel. It is the difference between the number of tons of water a vessel displaces “light” and the number of tons it displaces when submerged to the “load line.”

Deal Sheet

Form in which the rate agreed upon with a customer for a certain transaction within a certain period of time is determined

Deck

1. Upper cover and sealing of the ship 2. Term used for the different storeys of the cargo hold and superstructure of a ship

오시는 길

서울특별시 강서구 마곡중앙 8로 78(마곡동, SM R&D 센터) 5, 6층
지하철 5호선 발산역 1, 9번 출구