Shipping terms and updates
Logistics terms
- What is ocean freight?
- Ocean freight is the method of transporting containerized cargo loaded onto vess...
- What is a Letter of Indemnity (LOI)?
- A Letter of Indemnity (LOI) is a document protecting the cargo owner from losses...
- What is sea freight?
- Sea freight is a method of transporting large quantities of products via cargo s...
- What does rolled cargo mean?
- Rolled cargo means the cargo is not loaded onto the vessel it is supposed to sai...
- What is meant by consignee?
- This person or entity is the shipment receiver and generally the owner of the sh...
- What is store door delivery?
- Store Door (SD), also known as Carrier Haulage is where the carrier bears the re...
- What does EXW in shipping mean?
- EWX (Ex Works) means that the seller delivers when it places the goods at the di...
- What is shipping?
- Shipping is the physical moving of good from one point to another, such as the m...
- How to calculate TEU?
- A forty foot container is regarded as two twenty foot containers or 2 TEU (somet...
- What are Incoterms in shipping?
- Incoterms are rules, that define the terms of trade for the sale of goods all ar...
- What is vessel dwell time?
- The vessel dwell time is the time a ship spends at port securing the vessel, dis...
- What is Telex release?
- Using the Telex Release service, you can send a Bill of Lading (BOL) in a digita...
- What is vessel bunching?
- Vessel bunching means vessels arrive back to back, or within a short amount of t...
- What is import duty?
- Import duty is a tax collected on imports and some exports by a country's custo...
- How to ship freight?
- We know that it can be hard to tap into international trade when you are new to ...
- How long does ocean freight take?
- Ocean freight will likely take anywhere from 20-60 days, depending on where the ...
- What does DAP in shipping mean?
- DAP (Delivered At Place) means that the seller is responsible for arranging carr...
- What is CHB (Customs House Brokerage) and Customs Clearance?
- CHB is an acronym used in logistics for 'Customs House Brokerage'. All goods tha...
- What is duty drawback?
- Duty drawback is the refund of customs duties, taxes and fees paid on imported i...
- What are sweeper vessels?
- Sweeper vessels are dedicated vessels sent by international carriers for specifi...
- What does FOB in shipping mean?
- FOB means Free On Board and is one of the most used Incoterms. It is when the se...
- What is lead time in logistics?
- Lead time in logistics refers to the time taken to fulfil the logistics transpor...
- Who pays for FCA in shipping?
- Under the Free Carrier, or FCA Incoterm, the buyer is responsible for all freigh...
- What is container turnaround?
- Container turnaround is when a container is returned empty to the specific locat...
- What does FCA in shipping mean?
- Free Carrier (FCA) means that the seller delivers the goods to a carrier or anot...
- What are freight costs?
- Freight costs are also known as freight charges or freight rates. It is the amou...
- How long does ground shipping take?
- Ground shipping can take from a few to several days depending on the point of or...
- What is freight shipping?
- Freight shipping is the transportation of large shipments of goods transported d...
- What does ground shipping mean?
- Ground shipping means 'shipped by ground'. It refers to cargo that is delivered ...
- What does importer of record mean?
- The Importer of Record carries the legal responsibility for the initial valuing,...
- What is a port of discharge?
- A port of discharge is a place where a vessel discharges or unloads some or all ...
- What does DIT in shipping mean?
- DIT is an acronym used in logistics, which means 'Delay in Transit'. This indica...
- What is meant by freight?
- Freight is a term used to mean all the charges payable to the Carrier in accorda...
- What is a customs broker?
- A customs broker is a professional who provides expert services by arranging the...
- What is ocean transportation?
- Ocean transportation is any movement of goods and/or passengers using seagoing v...
- What does CIF in shipping mean?
- CIF (Cost, Insurance, & Freight) is an international shipping agreement and one ...
- What is FEU?
- FEU is an acronym used in logistics, which means 'Forty Equipment Unit'....
- What is COO in shipping?
- COO is an acronym used in logistics, which means 'Change of Origin'. In Twill, o...
- What is COD in shipping?
- COD is an acronym used in logistics, which means 'Change of Destination'. With T...
- What is TEU?
- TEU is an acronym used in logistics, which means 'Twenty Equipment Unit' or in o...
- What is Cargo Haulage?
- Cargo haulage refers to the whole or part of the ocean transportation of your ca...
- What is FFE?
- FFE is an acronym used in logistics, which means 'Forty Foot Equipment'....
- What is FCL?
- FCL is an acronym used in logistics, which means 'Full Container-Load'. This mea...
- What is LCL?
- LCL is an acronym used in logistics, which means 'Less than Container-Load'. LCL...
Current Shipping Situation
- Can I ship cargo to/from Ukraine at the moment?
- At Twill and A.P. Moller – Maersk, we have been constantly evaluating the situat...
- What is Foodstuff, Medical or Humanitarian goods?
- Foodstuffs and medicines are for human and animal consumption and essential for ...
- What is happening in shipping these days and why?
- To find out more what is happening in shipping these days and why, please head o...
- What will happen to my cargo if it is already loaded on vessels or discharged at a port in Ukraine or Russia?
- Twill and Maersk have now stopped all vessel operations in Russia and service wi...
- Are there any exceptions when it comes to shipping cargo to/from Russia?
- No. Twill and Maersk have now stopped all vessel operations in Russia. For the d...
- Can I ship/transport cargo from neighbouring countries of Russia that originates from Russia or is going to Russia?
- Adhering to sanctions, such shipments must be treated as direct Russian shipment...
- How will the new sanctions and export controls that are being applied to Russia affect my cargo already underway to Russia?
- We are keeping a very close eye on developments with regards to sanctions and ma...
- Can I ship cargo to or from Belarus at the moment?
- No. Twill and Maersk, being responsible market participants, acting in complianc...
- Why are we experiencing port congestion in the shipping industry?
- Vessels do not reach ports when scheduled, as they face longer waiting times to ...
- Can I ship cargo to/from Russia at the moment?
- No. Twill and Maersk have now stopped all vessel operations in Russia. For the ...
- What are my options if I want to divert my cargo?
- For cargo already on its way to Russia and Ukraine, that we are currently unable...
- When will the current shipping situation go back to normal?
- We will keep monitoring the situation and reviewing impacts from sanctions, with...
- Is the current shipping situation affecting other ports?
- We are starting to see the effect on global supply chain flows resulting in unpr...
- How are intercontinental rail services affected by the current situation?
- Twill and Maersk do not accept any new bookings to any of the services, includin...
- Where can I find more information about the current situation?
- For more information about the situation in Ukraine and Russia, please visit Mae...
- What is dual-use cargo?
- Dual use items are items that are mainly used for commercial/civilian purposes b...
- How long will these processes be in place?
- Twill and Maersk have now stopped all vessel operations in Russia and service wi...
- Where can I find information on the situation in shipping?
- If you have any additional questions or concerns about this situation, please ge...
- Where can I get help if my cargo is being affected?
- If your cargo is affected by the current situation, one of our Twillers will rea...
- What happens to my cancelled booking if I already have picked up my container(s)?
- Please reach out to our customer care team. They will support you in creating a ...
- What are you doing to mitigate the impact this will have on global supply chains?
- Together with Maersk, we are working hard to manage the impact of the current sh...
- What are the latest ocean freight market trends?
- Across the globe, most ports are facing operational delays, such as the Yantian ...
- What is the current situation in shipping?
- We are experiencing a challenging period for ocean freight. We are working hard ...
Twill
- What does Twill by Maersk mean?
- Twill is an innovation supercharged by Maersk. We are part of Maersk Group and w...
- Why are my shipping documents showing the Twill logo now?
- As of the 27th of August, you will see the Twill logo appearing on various shipp...
- Is Twill a freight forwarder?
- Twill is an innovation supercharged by Maersk, one of the world's largest and mo...
- When was Twill founded?
- Twill was founded back in 2017 as a DAMCO innovation and is now part of Maersk G...
- What is Twill by Maersk?
- Twill is an end-to-end customer experience built to serve small and medium-sized...