| Named Point |
| See "Specific Delivery Point." |
| Navigation |
| The act of determining position, location and course to the destination of an aircraft or avessel. |
| |
| Negligence |
| Imprudent action or omission which may cause injury, damage or loss. |
| |
| Negotiable |
| In terms of documents, 'negotiable' means that e.g. a Bill of Lading is handedover/transferred in the right manner (viz. proper endorsement) to another person eitherendorsed in blank or endorsed to a person and that person acquires, by this transfer certainrights vis-¿is the goods e.g. is entitled to take possession of the goods. |
| |
| Net Manifest |
| A manifest containing all freight details including negotiated disbursements. |
| |
| Net Weight |
| Weight of the goods alone without any immediate wrappings; e.g., the weight of the contents of a tin can without the weight of the can. See "Legal Weight." |
| |
| Network Planning System |
| A technique for making a time schedule for the implementation of a project. |
| |
| New Computerised Transit System |
| Abbreviation: NCTS |
| A concept for custom authorities to manage European Community and common transit,based on the use of computer systems and EDI techniques. |
| |
| Nomenclature of the Customs Cooperation Council |
| This was known as the "Brussels Classification Nomenclature" prior to January 1, 1975. It is the customs tariff adhered to by most European countries and many other countries throughout the world, but not by the United States. |
| Non Vessel Operating Common Carrier |
| Abbreviation: NVOCC |
| A party who undertakes to carry goods and issues in his own name a Bill of Lading for suchcarriage, without having the availability of any own means of transport. |
| |
| Normal Charge |
| The specified general cargo rate without any quantity discount (air cargo). |
| |
| Normal General Cargo Rate |
| The under 45 kgs rate or, if no under 45 kgs rate exists, the under 100 kgs rate (air cargo). |
| |
| Normal Rate |
| See Normal General Cargo Rate |
| |
| Notice of Readiness |
- Written document or telex issued by the master of a vessel to thecharterer¿s advising them the moment when a vessel is ready to load ordischarge.
- Document advising a consignee or his agent that cargo has arrived andis ready for delivery.
|
| |
| Notify Address |
| Address of the party other than the consignee to be advised of the arrival of the goods. |
| |
| Notify Party |
| The party to be notified of arrival of goods. |
| |
back to top  |
Print View