Commonly Used Terms
Vessel Turnaround Time
In ocean shipping, the time that is taken between the arrival of a vessel and its departure is referred to as the turnaround time.
The calculation of average turnaround time (ATT) is easy to understand; it corresponds to the average difference between the date of departure and date of arrival of the vessel among all container vessels calling at a port (or country), usually within one month of navigation.
The vessel turnaround time is used to measure the efficiency of port operations.
Currency Adjustment Factor (CAF)
Cost, Insurance and Freight (CIF)
Cost and Freight (CFR)
Contract of Carriage
Container Yard (CY)
Completely Knocked Down (CKD)
Certificate of Origin (CO)
Carriage Paid To (CPT)
Carriage And Insurance Paid To (CIP)
Cargo Agents Settlement System (CASS)
More From Cogoport
Schedule a personalized 1:1
Step into the future of freight forwarding with Cogoport. Experience a demo tailored to revolutionize your logistics, offering:
- Innovative Solutions: Peek into cutting-edge features redefining freight management.
- Expert Guidance: Direct insights from our seasoned pros, tailored to your business needs.
- Real Answers: Interactive session to address your unique challenges.