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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Tonnage. Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship. Although tonnage (volume) should not be confused ...
Net tonnage ( NT, N.T. or nt) is a dimensionless index calculated from the total moulded volume of the ship's cargo spaces by using a mathematical formula. Defined in The International Convention on Tonnage Measurement of Ships that was adopted by the International Maritime Organization in 1969, the net tonnage replaced the earlier net register ...
Lightweight displacement – LWD – The weight or mass of the ship excluding cargo, fuel, ballast, stores, passengers, and crew, but with water in the boilers to steaming level. Loadline displacement – The weight or mass of the ship loaded to the load line or plimsoll mark.
Loaded displacement is the weight of the ship including cargo, passengers, fuel, water, stores, dunnage and such other items necessary for use on a voyage. These bring the ship down to its "load draft". [8] Full load displacement and loaded displacement have almost identical definitions. Full load is defined as the displacement of a vessel when ...
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