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  2. Electronic data interchange - Wikipedia

    en.wikipedia.org/wiki/Electronic_data_interchange

    In 1996, the National Institute of Standards and Technology defined electronic data interchange as "the computer-to-computer interchange of a standardized format for data exchange. EDI implies a sequence of messages between two parties, either of whom may serve as originator or recipient. The formatted data representing the documents may be ...

  3. Baltic Exchange - Wikipedia

    en.wikipedia.org/wiki/Baltic_Exchange

    The Baltic Exchange (incorporated as The Baltic Exchange Limited [1]) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts . Situated since Edwardian times at 24–28 St Mary Axe, London EC3, the building was destroyed by a bomb in 1992.

  4. Shipping markets - Wikipedia

    en.wikipedia.org/wiki/Shipping_markets

    Shanghai Shipping Freight Exchange is the first electronic shipping freight exchange in the world. It has three lines of businesses, including International Dry Bulk, Domestic Coastal Coal, and International Container. The container freight derivatives were launched in 2011 and shortly became the most liquid container freight contracts.

  5. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    Forward freight agreement. A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route ...

  6. Maritime transport - Wikipedia

    en.wikipedia.org/wiki/Maritime_transport

    t. e. Maritime transport (or ocean transport) or more generally waterborne transport, is the transport of people ( passengers) or goods ( cargo) via waterways. Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular ...

  7. Automatic identification system - Wikipedia

    en.wikipedia.org/wiki/Automatic_identification...

    A graphical display of AIS data on board a ship. The automatic identification system ( AIS) is an automatic tracking system that uses transceivers on ships and is used by vessel traffic services (VTS). When satellites are used to receive AIS signatures, the term Satellite-AIS (S-AIS) is used. AIS information supplements marine radar, which ...

  8. Freight transport - Wikipedia

    en.wikipedia.org/wiki/Freight_transport

    Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well.

  9. Supply chain management - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_management

    Supply chain management is a cross-functional approach that includes managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the end consumer.