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The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...
Standard Carrier Alpha Code. The Standard Carrier Alpha Code ( SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
Navy Marine Corps Intranet. The Navy/Marine Corps Intranet ( NMCI) is a United States Department of the Navy program which was designed to provide the vast majority of information technology services for the entire Department, including the United States Navy and Marine Corps .
A ship prefix is a combination of letters, usually abbreviations, used in front of the name of a civilian or naval ship that has historically served numerous purposes, such as identifying the vessel's mode of propulsion, purpose, or ownership/nationality.
The Naval Information Warfare Center Atlantic (NIWC Atlantic) is an Echelon III activity of the United States Navy located in North Charleston, South Carolina. The center’s mission is to deliver information warfare solutions that protect national security. This includes communication systems (radios), networking systems (routers/switches), cyber operations (red team/forensics/network defense ...
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 ...
The International Maritime Organization ( IMO; French: Organisation maritime internationale; Spanish: Organización Marítima Internacional) [1] is a specialised agency of the United Nations responsible for regulating maritime transport. [2] The IMO was established following agreement at a UN conference held in Geneva in 1948 [3] and the IMO ...
e. The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...