Glossary Archives - DatamarNews

Glossary Dec, 15, 2021 0

International Maritime Organization (IMO)

IMO stands for International Maritime Organization. Being created in Genebra, in 1948, under the name of Maritime Intergovernmental Consultative Organization, the institution only adopted its current name in 1982. The…

HELPCOMEX Dec, 15, 2021 0

Draft

A ship’s draft is the vertical distance between the waterline and the bottom of the hull, i.e., the deepest point of the boat. It is the depth of the ship…

Glossary Dec, 15, 2021 0

Drawback

The drawback is a special customs regime considered to be a tax incentive for exports. According to the terms of Law No. 8402/1992, the drawback regime provides for the suspension…

Glossary Dec, 14, 2021 0

Cubage

Cubage – or cubic capacity – is a common cargo shipment terminology. It refers to the ratio between product weight and the space it occupies at any given transportation modal,…

HELPCOMEX Dec, 14, 2021 0

Ro-Ro

A Ro-Ro is a type of cargo ship specialized in transporting wheeled cargo such as automobiles and other vehicles that are driven on and off the ship using their own…

Glossary Apr, 20, 2020 0

EADI: Inland Customs Depot

EADI (Inland Customs Depot), is a private customs terminal for public use, located in a secondary area. It is a terminal that holds a concession, obtained through a public auction…