Logistics
Vessel Slot
Reserved space on a vessel for a container, allocated and commercialized by the shipping line.
Reserved space on a vessel for a container, allocated and commercialized by the shipping line.
A slot is the unit of space a shipping line sells to transport a container. Slot pricing varies by demand, season, route, and alliances between carriers.
TEU (Twenty-Foot Equivalent Unit)
Standard unit of measurement for quantifying container ship capacity or port traffic volume.
LogisticsShipping Line
A company owning or operating vessels that offers regular maritime cargo transport services on established routes, issuing bills of lading and charging freight.
LogisticsOcean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.