The Term CFS at loading port means the location designated by carriers for the receiving of cargo to be packed into containers by the carrier. At discharge ports, the term CFS means the bonded location designated by carriers in the port area for unpacking and delivery of cargo.
Insurance Encyclopedia
Container Terminal Marshaling Yards
The rear portion of the ship’s area is known as marshaling yard and is used to pre-stack a limited number of export containers as buffer stock for loading and also to pre-stack limited number of import containers after being discharged from vessels and prior to their removal to container stacking yard.Ship Areas, Container Terminal : This comprise a quay line where the container vessels are berthed. Usually modern container terminals are provided with gantries which are heavy cranes required to handle containers. These gantries are generally mounted on rails and move to and from along the entire length and breadth of the container vessels. The gantries are usually fitted with automatic spreader for faster handling of container which is not possible of the if the individual containers are to be manually slung to the gantries. The modern container terminals usually have gantries with carrying capacity of 35-50 meters. The output of a gantry in a modern terminal is estimated at 20/25 TEUs per hour.Stacking Yard or Container Yard, Container Terminal : This is the area where the import containers are transferred from marshaling yard and stored until they are taken to container freight station, inland container depots, consignee’s warehouses, etc. Similarly, this is the area where export containers are brought from the ship operators warehouses, ICD, CFS, etc. prior to being moved to marshaling yard./quay line for being loaded on board a vessel. Usually the yard is divided into various sub-divisions meant for stacking empties, export containers, import containers and quite often, a separate yard is provided for separate ship-owners.Content Rate : A Fire Insurance term which refers to the Insurance rate on the contents of the building rather than the building themselves.
Container Yard (CY)
Location designated by Carrier in the port terminal area for receiving assembling, holding, storing and delivering containers, and where containers may be picked up by shippers or re-delivered by consignees. No container yard (CY) shall be a shipper’s, consignee’s, NVOCC’s or a forwarders place of business, unless otherwise provided.
Containerization
Is a concept for the ultimate utilizing of cargo used by both steamship lines and air cargo lines. Containers allows a greater amount of cargo protection from weather, damage and theft.
Containers
Rectangular metal boxes used to transport cargo between two or more modes of transit, i.e. road vehicle, train, vessel or aircraft. The containers themselves are insured under the Institute Container Clauses.
Contaminated Land
Land appearing to the local authority to be ‘in such a condition, by reasons of substances in, or under the land, that significant harm is being caused or there is a significant possibility of such harm being caused’ (Environment Act 1995, s.57). See POLLUTER PAYS PRINCIPLE.
Contaminated sharps
Any dirty or impure object that can penetrate the skin such as broken capillary tubes, broken glass, exposed ends of dental wires, needles, and scalpels.
Contamination for Damages in Transit
Contamination damage to goods occurs on account of stowing fine and edible goods with cargoes giving of fumes and strong smells, due to use of strong smelling disinfectants in cleaning the holds, due to improper cleaning of holds or due to use of dunnage which was used in the earlier voyages with such cargo as oils and other strong smelling commodities. Foodstuffs are especially susceptible to damage by such contamination.
Contents
A household contents policy covers such items as furniture, furnishings, household goods, personal effects, high-risk items, business equipment and money owned by the insured or any member of his family or for which he is responsible. In terms of commercial policies, contents include plant, machinery, equipment, stock, tenant’s fixtures and fittings all contained in the premises.
Contents (Property Insurance)
In personal property insurance, contents refers to property that belongs to the insured and is separate from the home; for example, electronics, clothing, and furnishings. The term does not apply to pets, crops, boats, or vehicles. In commercial property insurance, contents refers to the business’s property that is separate from the business’s building; for example, office furniture, computers, or machinery.