Freight, shipping and chartering glossary
| Type | Meaning |
|---|---|
| ISPS Code | The International Ship and Port Facility Code adopted by an IMO Diplomatic Conference in December 2002. Measure is designed to strengthen maritime security. (ISPS Code - Chapter XI-2 of SOLAS). |
| Incoterms | Set of international trade terms published by the International Chamber of Commerce. The dictionary contains terms on the basic conditions of supply related to the transportation process, clearance, etc. |
| Issuing Carrier | The carrier who issues the bill of lading and with whom the contract of carriage is concluded. |
| Inland Bill of Lading | A legal document required for the transportation over land. An inland bill of lading serves as both the carrier’s receipt to the shipper and the carriage contract. |
| Inland Carrier | A transportation company that hauls export or import cargo between ports and inland points. |
| Inland Haulage Charges (IHC) | The transportation costs incurred in transporting goods from a seaport of loading to an inland container freight station, and vice versa. |
| Inspection Certificate | A document confirming that the goods were in good condition prior to shipment. |
