Ship specially designed to carry shipping containers. The vessel often has bays into which the containers are lowered and where they are held in place by upright steel sections called cell guides. Containers are frequently carried on deck where they need to be lashed and secured.
COU
Clip-on unit
C/P
Charter party
CPT
Carriage Paid To - One of the thirteen Incoterms and one of four 'C' terms.
The seller pays the freight for the carriage of the goods to the named destination. Under CPT the seller must clear the goods for export ie obtain the export licence, pay export taxes and fees if required and furnish the buyer with the invoice and relevant documents.
CPT can be used for any mode of transport
Cranage
Charge for use of wharf crane when a ship's own appliances for loading or unloading are now used.
