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Terms Commonly Used in Shipping Container Industry

Terms Commonly Used in Shipping Container Industry

Shipping Container Common Terms and its Meanings

Most of us are not fully familiar with the terminologies used in the shipping industry, hence, leading us to some uncertainties when buying and acquiring shipping containers for sale. Just like how certain you are where to get the containers from, it is also very important to know the most common terms and background of the product before jumping into a decision of buying to avoid any mistakes and regrets in the end. This is also important to the business owners and people engaged in shipping container business to impart to their clients. 

 

IICL– stands for Institute for International Container Lessor, this is an organization of the largest containers and chassis leasing industry worldwide. The IICL’s membership engages in leasing marine cargo containers and chassis to vessel operators and other organizations on a broad international basis.  

ISO – International Standardization Organization is an independent, non-governmental international standard-setting body composed of representatives from various national standards organizations. The ISO headquarter is based in Geneva Switzerland and it is the world’s largest developer of voluntary international standards and facilitates world trade by providing common standards among nations. 

CSC– stands for Container for Safe Convention plate. A CSC plate is fastened to every container at the time that it is manufactured and typically bolted outside of the left door of the container. This is established in 1972 with the goal to maintain a high level of safety for human life in the transport and handling of the container by providing generally acceptable test procedures and related strength requirements. This also aims to facilitate the international transport of containers by providing uniform international safety regulations equally applicable to all modes of surface transport. 

CW– Cargo Worthy is a criteria for used shipping containers that are deemed suitable for the transport of a cargo for international maritime shipping. A cargo worthy standard generally implies that the container has a valid CSC and have met all the standards laid out in its original specification. A container can be certified by a third-party container surveyor pursuant to a physical inspection of the used shipping container to be considered as a cargo worthy unit. Cargo worthy containers are commonly considered more superior than wind watertight containers. 

WWT– stands for Wind Watertight containers that are suitable for storage but not good for international shipping because it does not meet the criteria for international shipping standard. Wind watertight is easily classified as a container that when you lock yourself inside it you will not see any light coming. There are no holes and leaks on any surface of the container that makes it suitable for long terms storage. 

As Is– As Is condition is a lower category of a container. This best describes to containers that are not surveyed and may have some holes, dents and damaged or a mixed of wind watertight and cargo worthy depending on location and season. These kinds of containers are generally cheaper than cargo worthy and wind watertight containers.  

One Trip– New or One Trip are types of containers are new and were used only once during travel from the manufacturing country. Either 20 foot containers for sale or 40 foot shipping containers for sale, these containers are in very good condition and the appearance certainly looks new. Because of its condition, the containers come at a higher price.  

Published onNov 9, 2017
How Should You Go About Buying a Used Shipping Container?Previous
A Guide to Keeping Your Shipping Container in Top ShapeNext

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