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WESTERN OVERSEAS CORPORATION
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  Mandamus
A writ issued by a court; requires that specific things be done.
 


 
Manifest
Document that lists in detail all the bills of lading issued by a carrier or its agent or master for a specific voyage. A detailed summary of the total cargo of a vessel. Used principally for Customs purposes.
 


 
Marine Insurance
Broadly, insurance covering loss or damage of goods at sea. Marine insurance typically compensates the owner of merchandise for losses sustained from fire, shipwreck, etc., but excludes losses that can be recovered from the carrier.
 


 
Master Inbond
U.S. Customs' automated program under AMS. It allows for electronic reporting of inbound (foreign) cargoes in the U.S.
 


 
Mate's Receipt
An archaic practice. An acknowledgement of cargo receipt signed by a mate of the vessel. The possessor of the mate's receipt is entitled to the bill of lading, in exchange for that receipt.
 


 
MBM
1,000 board feet. One MBM equals 2,265 C.M.
 


 
MCFS
Abbreviation for "Master Container Freight Station." See CFS.
 


 
Measurement Ton
40 cubic feet.
 


 
Meter
39.37 inches (approximately).
 


 
Metric Ton
2,204.6 pounds or 1,000 kilograms.
 


 
Microbridge
A cargo movement in which the water carrier provides a through service between an inland point and the port of load/discharge. The carrier is responsible for cargo and costs from origin on to destination. Also known as IPI or Through Service.
 


 
Mile
A unit equal to 5,280 feet on land. A nautical mile is 6076.115.
 


 
Mini Landbridge
An intermodal system for transporting containers by ocean and then by rail or motor to a port previously served as an all water move (e.g., Hong Kong to New York over Seattle).
 


 
Minimum Bill of Lading
A clause in a Bill of lading which specifies the least charge that the carrier will make for issuing a lading. The charge may be a definite sum or the current charge per ton for any specified quantity.
 


 
MLB
Abbreviation for "Mini Landbridge."
 


 
Modified Atmosphere
A blend of gases tailored to replace the normal atmosphere within a container.
 


 
MT
Abbreviation for "Metric Ton."
 


 
Multimodal
Synonymous for all practical purposes with "Intermodal."
 




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