An assigned area in which cargo is prepared for loading into a vessel, train, truck, etc, or is stored immediately after discharge from a vessel, train or truck.

Twenty foot equivalent unit (container).

Terminal Handling Charges.

Chartering of an entire vessel at a fixed price per day. The party that hires the vessel pays for bunkers, port and canal costs and other voyage costs.

Shipment of cargo to a destination in another port or country on more than one vessel, train or truck. The liability may pass from one carrier to another, or it may be covered under a Through Bill of Lading issued by the first carrier.