Shipping Terms

N

National Flag

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

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.

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.

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.

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.