HR glossary of terminology

# a b c d e f g h i j k l m n o p q r s t u v w x y z

Neo Bulk Cargo

Neo Bulk Cargo is made up of one type of goods that have been prepackaged and transported in defined load units - such as wood pulp bales or scrap metal. Neo bulk cargo is handled as a general cargo but it is not loaded into a container. It is a subcategory of general / bulk cargo.

National Flag

The National Flag is the flag flown by a vessel to show which nationality she is sailing under.

New Panamax

New Panamax also called Neopanamax is a term that relates to the size of a vessel whether it’s a container ship (New Panamax Container) a bulker (New Panamax Bulker) or a tanker (New Panamax Tanker). It means that the vessel is able to transit the now-widened Panama Canal. 

Navigation Mark

Also known as a Sea Mark Beacon and Seamark a Navigation Mark is an aid that is fixed to the shore (i.e. a lighthouse) or to the seabed to help navigators and pilots identify the approximate position of a maritime channel or hazard to allow them safe passage of their vessel.

Neopanamax

 Neopanamax also called New Panamax is a term that relates to the size of a vessel whether it’s a container ship (Neopanamax Container) a bulker (Neopanamax Bulker) or a tanker (Neopanamax Tanker). It means that the vessel is able to transit the now-widened Panama Canal.