Logistics Management

Anti-dumping duty is an import duty levied in cases where imported goods are priced at less than the normal price in the exporter's domestic market and cause material loss to the domestic industry of the importing country.

Deadweight tonnage is the difference between the laden and unladen weight of the ship. In other words, it is the weight of everything that ship carries except the ship itself.

TEU stands for Twenty foot Equivalent Unit. It is a method of calculating vessel load or capacity, in units of containers that are twenty feel long. For example, a 40ft long container measure 2TEUs.

Declared value for carriage is the value of the goods, declared by the shipper on the bill of lading, to determine the limit of the carrier's liability or a freight rate.