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Shipping Glossary
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COMMON SHIPPING TERMS
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EDI For Administration, Commerce and Transport
  Abbreviation: UN/EDIFACT
  The ISO application level syntax rules for the structuring of user data and of the associated service data in the interchange of messages in an open environment.
   
Electronic Data Interchange
  Abbreviation: EDI
  The transfer of structured data, by agreed standards from applications on the computer of one party to the applications on the computer of another party by electronic means.
   
Electronic Data Processing
  Abbreviation: EDP
  The computerised handling of information (e.g. business data).
   
Embargo
  A government order prohibiting the entry or departure of commercial vessels or goods at its ports
  The refusal by a carrier, for a limited period, to accept for transport over any route or segment thereof, and to or from any area or point, of a connecting carrier, any commodity, type of class of cargo duly tendered (air cargo)
   
Emergency Medical Service
  Abbreviation: EMS
  Medical procedures in case of emergencies on board of vessels.
   
Endorsement
  The transfer of the right to obtain delivery of the goods of the carrier by means of the consignee's signature on the reverse side of a bill of lading. If the name of the new consignee (transferee) is not stated, the endorsement is an open one which means that every holder of the document is entitled to obtain delivery of the goods.
   
Equipment Interchange Receipt
  Abbreviation: EIR
  Physical inspection and transfer receipt.
   
Estimated Time of Arrival
  Abbreviation: ETA
  The expected date and time of arrival in a certain (air)port.
   
Estimated Time of Departure
  Abbreviation: ETD
  The expected date and time when a certain (air)port is left.
   
Ex Works (...named place)
  Abbreviation: EXW
   
Export
  The process of carrying or sending goods to another country or countries, especially for purposes of use or sale in the country of destination. The sale of products to clients abroad.
   
Export Licence
  Document granting permission to export as detailed within a specified time.
   
Exporter
  The party responsible for the export of goods.
   
EXW (EX-WORKS)
 
The seller (exporter) makes the goods available to the buyer (importer) at the seller's premises. The buyer is responsible for all transportation costs, duties, and insurance, and accepts risk of loss of goods immediately after the goods are purchased and placed outside the factory door. The Ex Works price does not include the price of loading goods onto a truck or vessel, and no allowance is made for clearing customs. If FOB is the Customs valuation basis of the goods in the country of destination, the transportation and insurance costs from the seller's premises to the port of export must be added to the Ex Works price.
 
 
 
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