Glossary of Terms
M
- Manifest - A list of the goods being transported by a carrier.
- Maquiladora - A foreign plant operating under an in-bond program whereby components may be shipped into Mexico duty-free for assembly and subsequent reexport. Maquiladora plants are also known as Twin Plants.
- Maritime Administration (MARAD) - A U.S. government agency, while not actively involved in vessel operation, that administers laws for maintenance of merchant marine for the purposes of defense and commerce.
- Mark - (See Consignee Mark, Markings, Port Marks)
- Markings - The physical markings on a product indicating the country of origin where the article was produced.
- Mate's Receipt - Receipt of cargo by the vessel, signed by the mate (similar to a dock receipt).
- Measurement Ton - The measurement ton (also known as the cargo ton or freight ton) is a space measurement, usually 40 cubic feet or one cubic meter. Cargo is assessed a certain rate for every 40 cubic feet or one cubic meter it occupies.
- MERCOSUR - A trade alliance between Argentina, Brazil, Paraguay and Uruguay, with Chile and Bolivia as associate members.
- Min. B/L - Minimum Bill of Lading.
- MM - Mercantile Marine.
- M/R - Mate's Receipt.
- M/T - Metric Ton (2204 Ibs).
- mt. - Empty.
- M/V or MV - Motor Vessel.
- MW - Minimum Weight Factor.
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