HR glossary of terminology
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.