Logistics service

comprehensive import and export

About us

Stock Logistic is a dynamic company with a team of young and experienced professionals. They are motivated in the development of the activity as an integral logistic operator, managing and advising import and export traffics of all kinds of goods, from any point to any destination in the world, choosing the most adequate solution at all times.
With the objective to guarantee our clients the satisfaction of the compliance of all regulations, solvency and security, Stock Logistic has obtained the certificate of AEO – Authorized economic operator.
Stock Logistic is a member of the Grupo Alonso, one of the main logistic and naval operators, backed by 100% Spanish capital.

glossary

B.A.F.
Bunker adjustment factor (adjustment to vary- ing fuel costs)

B/L (Bill of Lading)
Bill of Lading
(transport document showing the sea transport from point of departure to point of destination)
C.A.F.
Currency adjustment factor (Adjustments for currency exchange fluctuations)

C.F.S.

Container freight station (Storage facility from which collective containers are loaded to or from)
C.Y.
Container Yard

(Place where loaded containers are sent for shipment or for inland transportation)
C.H.
Container Yard
(Place where loaded containers are sent for shipment or for inland transportation)

C/S
Congestion surcharge (surcharge for waiting times in port) = “Congestion” of the port
Demurrage

“Storage fee”, when a container has remained in the container depot in the port or inland longer than the agreed-upon demurrage-free time.
Detention
“Container rent”, when a container is not retur- ned to the shipping company after the agreed- upon “detention free” period has elapsed.
E.T.A
Estimated time of arrival (scheduled ship arrival time)
E.T.D
Estimated time of departure (scheduled ship departure time)
FCL
Full container load (full container service).
FCL/FCL
Container sent from a shipper to a recipient.
FEU
Forty foot equivalent unit (40 foot container unit).
FCL/LCL
Deliveries from one shipper to multiple recipi- ents in one container.
FCR
Forwarding Agent Certificate of Receipt.
LCL
Less than container load.
LCL/LCL
Partial deliveries, which have been consolidated into one container in the container freight sta- tion and are later separated to be sent to the various recipients at the port of destination.
LCL/FCL
Deliveries of multiple shippers to one recipient in one container.
M.H.
Merchant’s Haulage:

inland transportation to and from the port is carried out by the shipping agent.
P.O.L
Port of loading(loading port).
P.O.D
Port of discharge(destination port).
Stripping

Unloading the container.
Stuffing
Loading the container.
TEU
Twenty foot equivalent unit (20’ container-unit).
T.H.C
Terminal Handling Charge (Cargo handling charges for containers).
T/T
Loading the container.
WRS
War Risk Surcharge.

incoterms

RULES FOR ANY MODE OR MODES OF TRANSPORT
EXW Ex Works
“Ex Works” means that the seller delivers when it places the goods at the disposal of the buyer at the seller’s premises or at another named place (i.e.,works, factory, warehouse, etc.). The seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable.
FCA Free Carrier
“Free Carrier” means that the seller delivers the goods to the carrier or another person nominated by the buyer at the seller’s premises or another named place. The parties are well advised to specify as clearly as possible the point within the named place of delivery, as the risk passes to the buyer at that point.
CPT Carriage Paid To
“Carriage Paid To” means that the seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such place is agreed between parties) and that the seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination.
CIP Carriage And Insurance Paid To
“Carriage and Insurance Paid to” means that the seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such place is agreed between parties) and that the seller must contract for an pay the costs of carriage necessary to bring the goods to the named place of destination.
‘The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIP the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.”
DAT Delivered At Terminal
“Delivered at Terminal” means that the seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. “Terminal” includes a place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. The seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.
DAP Delivered At Place
“Delivered at Place” means that the seller delivers when the goods are placed at the disposal of the buyer on the arriving means of transport ready for unloading at the named place of destination. The seller bears all risks involved in bringing the goods to the named place.
DDP Delivered Duty Paid
“Delivered Duty Paid” means that the seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import on the arriving means of transport ready for unloading at the named place of destination. The seller bears all the costs and risks involved in bringing the goods to the place of destination and has an obligation to clear the goods not only for export but also for import, to pay any duty for both export and import and to carry out all customs formalities.
RULES FOR SEA AND INLAND WATERWAY TRANSPORT
FAS Free Alongside Ship
“Free Alongside Ship” means that the seller delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the named port of shipment. The risk of loss of or damage to the goods passes when the goods are alongside the ship, and the buyer bears all costs from that moment onwards.
FOB Free On Board
“Free On Board” means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel, and the buyer bears all costs from that moment onwards.
CFR Cost and Freight
“Cost and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. the seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.
CIF Cost, Insurance and Freight
“Cost, Insurance and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.
‘The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.”

IMO

Class 1: Explosives
Division 1.1: substances and articles which have a mass explosion hazard.

Division 1.2: substances and articles which have a projection hazard but not a mass explosion hazard.
Division 1.3: substances and articles which have a fire hazard and either a minor blast hazard or a minor projection hazard or both, but not a mass explosion hazard.
Division 1.4: substances and articles which present no significant hazard.
Division 1.5: very insensitive substances which have a mass explosion hazard.

Division 1.6: extremely insensitive articles which do not have a mass explosion hazard.

Class 2: Gases
Class 2.1: flammable gases.
Class 2.2: non-flammable, non-toxic gases.
Class 2.3: toxic gases.
Class 3: Flammable liquids.
Class 4: Flammable solids; substances liable to spontaneous combustion; substances which, in contact with water, emit flammable gases.

Class 4.1: flammable solids, self-reactive substances and desensitized explosives.
Class 4.2: substances liable to spontaneous combustion.
Class 4.3: substances which, in contact with water, emit flammable gases.
Class 5: Oxidizing substances and organic peroxides.
Class 5.1: oxidizing substances.

Class 5.2: organic peroxides.
Class 6: Toxic and infectious substances.
Class 6.1: toxic substances.

Class 6.2: infectious substances.
Class 7: Radioactive material.
Class 8: Corrosive substances.
Class 9: Miscellaneous dangerous substances and articles.

CV

Stock Logistic is a growing company. We welcome applications from suitably qualified candidates who wish to further their career.
Please send your CV to: rrhh@stocklogistic.com