SHIPPING TERMS
 
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  W
   
  Waiting Time
   
  The period of time between the moment at which one is ready for an activity to start and the moment at which this activity can actually begin.
   
  See also: Queue Time
   
  Waiver Clause
   
  Clause in a marine insurance policy stating that no acts of the insurer or insured in recovering, saving or preserving the property insured, shall be considered a dismissal from or acceptance of abandonment.
   
  War Risk
   
  Perils of war or warlike operations, such as capture, seizure, arrests, restraints of kings, princesses and people, hostilities, civil war, mines, torpedo's. War risks are not covered under a policy for marine perils and must therefore be covered under a separate policy for war risks.
   
 
   
  Warehouse
   
  A building specially designed for receipt, storage and handling of goods.
   
  Warehouse Keeper
   
  Party who takes responsibility for goods entered into a warehouse.
   
   
 
   
  Warehouse Receipt
   
  Receipt for products deposited in a warehouse.
   
 
   
  Warehousing
   
  Those activities of holding and handling goods in a warehouse (store).
   
  Warsaw Convention
   
  The Convention for the Unification of Certain Rules Relating to International Carriage by Air, signed at Warsaw, 12 October 1929, or that Convention as amended by the Hague Protocol, 1955, stipulating obligations or parties and limitations and/or exonerations of carriers (air cargo).
   
  Waste Disposal
   
  Processing and or removal to final resting place or transfer to a place for re-use or recovering of waste.
   
  Waste Logistics
   
  The collection of used, damaged, or outdated products and or packaging from designated users.
   
 
   
  Waybill
   
  Non-negotiable document evidencing the contract for the transport of cargo.
   
  Wear and Tear
   
  Loss or deterioration resulting from ordinary use.
   
 
   
  Weight Charge
   
  The charge for carriage of goods based on their weight (air cargo).
   
  Weight Ton
   
  A ton of 1000 kilos
   
  Wharf
   
  A place for berthing vessels to facilitate loading and discharging of cargo.
   
  Wharfage
   
  The fee charged for the use of a wharf for mooring, loading or discharging a vessel or for storing goods.
   
  Wholesaler
   
  An intermediary between manufacturers and retailers in various activities such as promotion, warehousing, and the arranging of transport and or distribution.
   
  Work Load
   
  The quantity of work ahead assigned to a certain facility such as a work station, capacity group or a department respectively staff-member.
   
  World Health Organization
   
  Abbreviation: WHO
   
  The global agency linked with the United Nations and co-operating with other technical agencies relating to health matters at sea and on land.
   
  World Meteorological Organisation
   
  Abbreviation: WMO
   
  The United Nations agency dealing with meteorological issues.
   
 
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