Glossary

What does LT stand for? What does on-carriage mean? What's a time charter?

Shipping jargon and terminology can be confusing. In this section, we explain the meaning of the most commonly used international shipping terms.

If you still need a specific shipping term explained in detail, simply contact your nearest Safmarine office – we’re happy to help.

U
UCC-128
A subset of the Code 128 barcode specification, used mostly on shipping containers. It is numeric only, and has a fixed length of 19 digits.
UN-CEFACT
The United Nations’ Centre for Trade Facilitation and Electronic Business. UN-CEFACT facilitates international transactions through the simplification and harmonisation of procedures and information flows.
UN-EDIFACT
The United Nations’ Electronic Data Interchange for Administration, Commerce and Transport. UN-EDIFACT is the international standard developed by the UN for electronic communication and data exchange.
UPCA
UPC (Universal Product Code) version A, used to encode an 11-digit number. The first digit is the system number and the rest are data characters. Two-digit and five-digit supplemental codes are also supported.
UPCE 11-Digit
UPCE (Universal Product Code) version E – 11-Digit. A zero-suppressed version of the UPCA barcode. This version allows 11 digits to be encoded. The first digit must be zero. Two-digit and five-digit supplemental codes are also supported.
UPCE0 6-Digit
UPCE (Universal Product Code) version E0 – 6-Digit. A zero-suppressed version of the UPCA barcode. This version allows six digits to be encoded. The first digit must be zero. Two-digit and five-digit supplemental codes are also supported.
UPCE1 6-Digit
UPCE (Universal Product Code) version E1 – 6-Digit. A zero-suppressed version of the UPCA barcode. This version allows six digits to be encoded. The first digit must be zero. Two-digit and five-digit supplemental codes are also supported.
Unit Cost
The cost associated with a single unit of a product or service. The unit cost is calculated by dividing the total cost of producing a product or service by the number of units.
Usufruct
The legal right of using and enjoying the profits of something belonging to another party.