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Navigation |
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The act of determining position, location and course to the destination of an aircraft or a vessel. |
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Negligence |
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Imprudent action or omission which may cause injury, damage or loss. |
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Negotiable |
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In terms of documents, 'negotiable' means that e.g. a Bill of Lading is handed over/transferred in the right manner (viz. proper endorsement) to another person either endorsed in blank or endorsed to a person and that person acquires, by this transfer certain rights vis-?is the goods e.g. is entitled to take possession of the goods. |
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Net Manifest |
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A manifest containing all freight details including negotiated disbursements. |
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Net Weight |
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The weight of the goods, excluding all packing. |
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Network Planning System |
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A technique for making a time schedule for the implementation of a project. |
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New Computerised Transit System |
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Abbreviation: NCTS |
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A concept for custom authorities to manage European Community and common transit, based on the use of computer systems and EDI techniques. |
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Manufacturing Process |
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The producing of goods or wares by manual labour or machinery, often on a large scale and with division of labour. |
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Non Vessel Operating Common Carrier |
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Abbreviation: NVOCC |
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A party who undertakes to carry goods and issues in his own name a Bill of Lading for such carriage, without having the availability of any own means of transport. |
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Normal Charge |
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The specified general cargo rate without any quantity discount (air cargo). |
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Normal General Cargo Rate |
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The under 45 kgs rate or, if no under 45 kgs rate exists, the under 100 kgs rate (air cargo). |
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Normal Rate |
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See Normal General Cargo Rate |
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Notice of Readiness |
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1. Written document or telex issued by the master of a vessel to the charterer?s advising them the moment when a vessel is ready to load or discharge. |
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2. Document advising a consignee or his agent that cargo has arrived and is ready for delivery. |
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Notify Address |
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Address of the party other than the consignee to be advised of the arrival of the goods. |
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Notify Party |
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The party to be notified of arrival of goods. |
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