GLOSSARY

Ad Valorem: Expense over the value of the FN. Expense charged due to the high value and risk of the load and added to the freight.

AFRMM: Freight Additional to Renew the Merchant Navy.

Aircraft ULD: Pallets and Container that are an integral part of the airship. See ULD.

Airway Bill: Acknowledgement of Air Cargo. Issued by the air company for single cargoes, non-consolidated.

All Cargo: Type of airship appropriate for the exclusive transport of cargo.

All Risks: Clause of insurance contract, covering all the normal risks of the cargo during its transport and transit.