Overview
Articles
Case Studies
Fact Sheets
Glossary
Incoterms
UCP 600
SWIFT Codes
Insurance Clauses
Harmonized Code System
Boycott Language
Training & Events
M100
Mazut 100 - see Fuel Oil
Mail Transfer
Payment instruction sent by airmail from one bank to another.
Marine Bill of Lading
Bill of lading for shipment by sea.
Marine Bill of Lading - Negotiable / Order
The carrier delivers to anyone the shipper or consignee so orders. “Consigned to order of...(name)” (i.e., someone other than buyer, perhaps freight forwarder or customs agent).
Marine Bill of Lading - Straight
The carrier delivers to the consignee (buyer). “Consigned to...(name)”. A straight bill of lading is not negotiable. Only the consignee can obtain the goods.
Marine Insurance
An insurance that will compensate the owner of goods transported overseas in the event of loss that cannot be legally recovered from the carrier.
Marketing Survey
Report that provides a narrative description and assessment of a particular market along with relevant statistics. The reports are often based on original research conducted in the countries studied and may include specific information on both buyers and competitors.
Maturity Date
Date at which payment is due under a term bill of exchange.
MDB: Multilateral Development Bank
An institution created by a group of countries to provide development-related financing and professional advising.
MDO
Marine Diesel Oil
MFO
Marine Fuel Oil
MFPA
Master Fee Protection Agreement
MGO
Marine Gas Oil
MMBTU
Million British Thermal Units
MMT
Million Metric Tonnes
MOQ
Minimum Order Quantity
MOU
Memorandum of Understanding
MT
Metric Tonne
MT103
see SWIFT
MT760
see SWIFT
MT799
see SWIFT
Multi-Modal Bill of Lading
A bill of lading used when more than one mode of transport is involved in a shipment, for example when a consignment travels by rail and by sea. Also called a combined transport or intermodal bill of lading.
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