| 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collection of used, damaged, or outdated products and or packaging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. |