Your sea freight rates in one click

Logistics terms E

ECTS

This abbreviation stands for Emergency Congestion Terminal Surcharge. ECTS was introduced in 2007 by feeder shipping lines, because the terminals could no longer process the containers due to all kinds of circumstances. Enormous congestion problems arose at the terminals, as a result of which the feeder shipping lines received the containers at their disposal with great delay. With all the consequences thereof. In order to ensure in such cases that all containers can be checked and inspected, an ECTS is levied in times of extreme busyness.

EIS

This abbreviation stands for Emergency Imbalance Surcharge. For various ports of destination, more cargo comes in than departs. As a result, shipping lines are confronted with large quantities of empty containers on the quay that are no longer used for export. In order to be able to transport these containers onward to a nearest hub for further use, the Emergency Imbalance Surcharge (EIS) is charged on the outbound freight to cover these costs.

Electronic Cargo Tracking Note (ECTN)

An Electronic Cargo Tracking Note (ECTN) or Waiver is used in some West African countries so that authorities in the country of destination are provided with information about the goods, the shipper and the consignee as early as the 'pre-arrival phase'. This may be necessary, for example, to comply with the requirements of the ISPS code (International Ship and Port Facility Security code). Waivers contain the following information: name of the shipper, method of shipment, description and value of the goods, name of the vessel and the freight costs. The waivers must be in the hands of the receiving authorities before the ship arrives. Where these waivers must be applied for differs per country. A waiver is mandatory for the following countries: Angola, Benin, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Cote d'Ivoire, DR Congo, Gabon, Equatorial Guinea, Guinea, Guinea-Bissau, Ivory Coast, Libya, Madagascar, Mali, Niger, Senegal, Sierra Leone, Togo.

Emission Control Areas (ECA)

The Emission Control Areas arose from an IMO regulation (International Maritime Organisation) that aims to reduce the amount of sulphurous fuel emissions emitted by cargo ships. Fuel with a high sulphur content contributes to a considerable amount of sulphur dioxide emissions, which are known to be dangerous to public health. Carriers sailing ships through so-called designated Emission Control Areas (ECA) are obliged to use fuel with a sulphur content of 0.1% or less, which is a drastic reduction compared to the 1.0% used in maritime shipping nowadays. Emission Control Areas (ECA) include the Baltic Sea, the English Channel, the North Sea and 200 nautical miles from the American and Canadian coasts. The higher costs for this fuel with less sulphur are passed on to customers under the heading Low Sulphur Surcharge.

Endorsing

The holder of a bill of exchange, promissory note, cheque or original B/L transfers this document to a third party (endorsee), whose name he may or may not know, by putting his signature and company stamp on the back of the document. In the case where the document is a B/L, it is usually a to-order B/L for which the shipping line must at all times be able to determine which successive parties transferred the original to each other.

EORI

EORI is the abbreviation for Economic Operator Registration and Identification. The EORI number is a unique number within the European Community, usually assigned by customs. Every company from the EU that does business internationally and carries out customs operations needs an EORI number. This EORI number is mandatory for import and export shipments.

ETA

Expected Time of Arrival (ETA) is the estimated time at which a ship will arrive in a port.

ETC

Expected Time of Completion (ETC) is the estimated time at which the loading and unloading activities will be completed. Goods must be delivered in advance in order to be loaded. ETC is also called closing date.

ETD

Expected Time of Departure (ETD) is the estimated time at which the ship will depart from a port.

EUR.1

A EUR.1 certificate (certificate of origin) is only used for goods of preferential origin. To obtain a discount or exemption on import duties when importing from an agreement country, you ask your supplier to add a EUR.1 certificate to the shipment. If you are going to export to an agreement country, you apply for a EUR.1 certificate from the Chamber of Commerce. The Chamber of Commerce checks whether the goods you are going to export are of preferential origin. If so, the Chamber of Commerce provides the customs copy with a finding and subsequently the Dutch Customs must provide the original certificate with a visa. However, Customs can only give this visa when you have also (yourself or via your forwarder) made an export declaration.

Euro pallet

A euro pallet has dimensions of 80 x 120 cm. This pallet has a deposit value of about 15 euros throughout Europe. The pallet is recognisable by the blocks under the pallet. The right one says Euro and on the other block is the name of the manufacturer. The pallets may only be made by recognised companies that do so according to certain standards. If the euro pallet is broken, it loses its entire value.

Euromax surcharge

The Euromax Terminal at the Yangtze harbour is located on the most northerly point of the Maasvlakte 1, directly next to the Maasvlakte Oil Terminal. The terminal is exclusively intended for the transhipment of containers and is leased to Euromax BV (since 2008). The terminal can handle 3 million TEU (Twenty Foot Equivalent Unit) annually and is specially designed for the fast, safe and efficient handling of the very largest container ships. The cranes at the Euromax terminal reach 23 containers wide. Because the container transport rates are based on Rotterdam city, the Euromax surcharge was created to cover the additional transport distance.

Ex Works

EXW, or Ex Works (agreed place of loading). The seller has fulfilled his delivery obligation as soon as the goods, packed for export and provided with marks and numbers, are ready for shipment at the agreed place and the seller has informed the buyer thereof. The transfer of costs and risk takes place at the moment the goods are picked up by the buyer.

EX-A

When you want to export goods to countries outside the European Union, you need an EX-A document for this. An EX-A document is an export document required for a shipment that was produced within the EU (or definitively cleared in the EU) and that leaves the territory of the European Union. In this case, therefore, it concerns goods that do not return to the country of origin.

Export

The shipment of goods abroad.

Export License

A government document permitting a company to participate in the export of designated goods to certain destinations.

The sea and aviation alphabet:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
FENEX Logo
Sales

Need help? Tristan is ready for you!