Glossary-I

IMDG code

The IMDG code (International Marine Dangerous Goods code) describes the specific regulations with regard to the maritime transport of goods classified by the UN as hazardous. The reference book contains regulations regarding packaging, combined consignments, possible exemptions etc. Since such goods require additional care, the shipping company must be informed of the exact details within a DGD format when booking. Based on such a statement, the shipping company decides whether the goods can be accepted for transport and how the goods need to be handled.

IMO

International Maritime Organisation.

Incoterms

Incoterms are international agreements on international transport of goods. The contract stipulates standard agreements to divides the costs and risks between the seller and the buyer. The first Incoterms date back to as early as 1932. The Incoterms are formulated and published by the International Chamber of Commerce. The Incoterms were amended in 1990. The reason for this amendment was the increasing use of electronic data traffic. The English text is the original and official version of the 2000 Incoterms, which have been adopted by the United Nations Commission on International Trade Law (UNCITRAL). Certified translations in 31 languages are available from the national Chambers of Commerce.

ISPM 15

International Standards for Phytosanitary Measures, the new global standard for Phytosanitary Measures in respect of Wooden Packaging, were introduced in March 2002, in order to end the worldwide trade impediments due to a maze of import restrictions for wooden packaging. ISPM 15 stipulates, among other things, that wooden packaging must be treated to prevent the spread of vermin (including chus xylophilus and sirex wasps).

ISPS

After 11 September 2001, on the initiative of the United States, a worldwide safety programme was set up to combat terrorist activities within/through ports. To this end, various port authorities made additional investments to implement further safety measures. In order to recover these investments, an ISPS (International Ship & Portfacility Security) allowance applies to each container/shipment.

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