Mazut 100 - see Fuel Oil
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.
An insurance that will compensate the owner of goods transported overseas in the event of loss that cannot be legally recovered from the carrier.
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.
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.
Marine Diesel Oil
Marine Fuel Oil
Master Fee Protection Agreement
Marine Gas Oil
Million British Thermal Units
Million Metric Tonnes
Minimum Order Quantity
Memorandum of Understanding
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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