A B C D E F G H I J K L M N O P Q R S T Y V W X Y Z
| Mafi Trailer |
| German brand name of a roll trailer used for RoRo purposes. |
| Maiden Trip |
| First voyage of a vessel or aircraft after delivery from new-building to her owner(s). |
| Main Carriage |
| The primary stage in the movement of cargo from the point of origin to the intended final destination.
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| Main-line Operator |
| Abbreviation: MLO |
| A carrier employing vessel(s) in the main or principal routes in a trade but not participating within a consortium. |
| Maintenance Chain |
| A sequence of events in a goods flow which preserves and/or restores the value of a specific good. This may include repairs. |
| Manifest |
| Document, which lists the specifications of goods, loaded in a means of transport or equipment for transportation purposes.
As a rule cargo the agents in the place of loading draw up manifests. Note: For P&O Nedlloyd a manifest represents a cumulation of Bills of Lading for official and administrative purposes. |
| Manufacturers Plate |
| A plate indicating the name and address of the container manufacturer and particulars of the container. |
| Manufacturing Process |
| The producing of goods or wares by manual labour or machinery, often on a large scale and with division of labour. |
| Manufacturing Resource Planning |
| Abbreviation: MRP-II |
| A method for the effective planning of a manufacturing company, being a direct out-growth and extension of MRP-I. |
| Marine Insurance Policy |
| An insurance policy protecting the insured against loss or damage to his goods occurred during ocean transport. |
| Market Analysis |
| Systematic investigation of the growth and the composition of a market. |
| Marketing |
| The process of organising and directing all the company activities which relate to determining the market demand and converting the customers buying power into an effective demand for a service and bringing that service to the customer. |
| Marks |
| See Shipping Marks |
| Master Data |
| The set of data that is needed to establish sufficient reference material to support the maximum use of pre-coded, pre-agreed information enabling more efficient transaction messaging. |
| Master Production Schedule |
| Abbreviation: MPS |
| A realistic, detailed, manufacturing plan for which all possible demands upon the manufacturing facilities (such as available personnel, working hours, (management) policy and goals) have been considered and are visualised. The MPS is a statement of what the company expects to produce and purchase expressed in selected items, specific quantities and dates. |
| Mate's Receipt |
| A document signed by the chief officer of a vessel acknowledging the receipt of a certain consignment on board of that vessel. On this document, remarks can be made as to the order and condition of the consignment. |
| Material Requirements Planning |
| Abbreviation: MRP-I |
| An inventory and purchasing planning system that integrates product components, lead times and deadlines. |
| Materials Handling |
| The activities of loading, unloading, placing and manipulating material and of in-process movement. |
| Materials Management |
| The planning and control of the activities related to the materials flow from the suppliers up to the end of the conversion/production process. |
| Means of Transport |
| Type of vehicle used for the transport of goods (e.g. aircraft, barge, truck, vessel or train). |
| Measurement Ton |
| A ton of one cubic metre water. |
| Mechanics Lien |
| The legal enforceable claim, which a person who has performed work or provided materials is, permitted to make against title to the property or as a preferential person in the event the estate or business is liquidated. |
| Medical First Aid Guide |
| Abbreviation: MFAG |
| Instructions to be consulted in case of accidents involving dangerous goods. |
| Memo Bill |
| See Service Bill of Lading |
| Merchant |
| For cargo carried under the terms and conditions of the Carrier's Bill of Lading and of a tariff, it means any trader or persons (e.g. Shipper, Consignee) and including anyone acting on their behalf, owning or entitled to possession of the goods. |
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| Merchant Haulage |
| Inland transport of cargo in containers arranged by the Merchant.
It includes empty container-moves to and from hand-over points in respect of containers released by the Carrier to Merchants. Note: Carrier's responsibility under the Bill of Lading does not include the inland transport stretch under Merchant Haulage. |
| Meta-centric Height |
| The distance between the centre of gravity of a vessel and a fictitious point. If the metra- centric height is zero or negative, the vessel will heel or capsize. |
| Minimum Charge |
| The lowest amount which applies to the transport of a consignment, irrespective of weight or volume. |
| Minimum Inventory |
| The planned minimum allowable inventory for an independent demand item. |
| Minor Unit |
| Unit of recorded value (i.e. as recorded by banks) which is a division of the respective unit of currency.
Examples are the cent being a one hundredth part of the US Dollar. Note: Some countries have minor units that are used in low-value coinage within a country or locality, but which are not used by the international banking system in making formal records of value. Examples: Belgium, Greece and Spain. |
| Mixed Consignment |
| A consignment of different commodities, articles or goods, packed or tied together or contained in separate packages. |
| Mode of Transport |
| Method of transport used for the conveyance of goods, (e.g. by rail, by road, by sea). |
| Model |
| A representation of a process or system that attempts to relate the most important variables in the system in such a way that analysis of the model leads to insights into the system. |
| Module |
| A separate and distinct unit of hardware or software that may be used as a component in a system. |
| Movement |
| The act or process of changing the position of an object and or people. |
| Movement Inventory |
| The inventory during a production process caused by the time required to move goods from one place to another. |
| Multi Purpose Carrier |
| See Multi Purpose Vessel |
| Multi Purpose Vessel |
| Vessel designed for the carriage of different types of cargo: general, bulk, heavy and/or containerised cargo. |
| Multimodal Transport |
| The carriage of goods (containers) by at least two different modes of transport. |
| Multimodal Transport Document |
| See Combined Transport Document |
| Multimodal Transport Operator/Carrier |
| Abbreviation: MTO/Carrier |
| The person on whose behalf the transport document or any document evidencing a contract of multimodal carriage of goods is issued and who is responsible for the carriage of goods pursuant to the contract of carriage. |
| Multiple Sourcing |
| Selecting of and working with more than two equivalent suppliers for a certain product. |
