- Hard Currency - The currency of a nation which may
be exchanged for that of another nation without restriction.
Sometimes referred to as convertible currency. Hard currency
countries typically have sizeable exchange reserves and surpluses
in their balance of payments. See: Soft Currency.
- h - Hour
- H. & M. - Hull and machinery
- h. & o. - Hook and oil damage
- H.A. or D. - Havre, Antwerp or Dunkirk Harbor
- H.P.N. - Horse-power nominal
- H.S.S.C. - Heating, sweating and spontaneous combustion
- H.T. - Half-time survey
- H.W.D. - Heavy weather damage
- H.W.M. - High water mark
- H.W.O.S.T. - High water ordinary spring tides
- h/c - Held covered (insurance)
- H/H - Havre to Hamburg
- ha - Hectares
- Harmonized System - The Harmonized Commodity Description
and Coding System (or Harmonized System, HS) is a system for
classifying goods in international trade, developed under
the auspices of the Customs Cooperation Council. Beginning
on January 1, 1989, the new HS numbers replaced previously
adhered-to schedules in over 50 countries, including the United
States. A schedule of tariff nomenclature arranged in 6 digit
codes allowing all participating countries to classify traded
goods on a common basis. Beyond the 6 digit level, countries
are free to introduce national distinctions for tariff or
statistical purposes. This system replaced the Tariff Schedule
of the United States (TSUS). Additional countries are expected
to be implementing the system.
- Hbr. - Harbour
- Helsinki Accord - The Helsinki Accord deals with
the rights of people to migrate freely. The tourism portions
of the Accord encourage: (a) tourism and tourism studies,
(b) preservation of artistic, historic and cultural heritages
of signatories, (c) lowering of fees and documentation needed
for international travel, and (d) other efforts to encourage
cooperation on tourism among countries. The Accord was signed
in 1975.
- hhd. - Hogshead
- hk. - Hook damage
- hold - Space below the deck of a ship that is used
to carry cargo. The holds of a ship are numbered for purposes
of cargo identification and location.
- hold cleaning - Cleaning a hold after cargo has been
discharged.
- Homologation .. of an Automobile - Homologation of
an automobile is the certification by a country that a vehicle
conforms to its safety and emission standards -- primarily
that a vehicle has been manufactured or modified to meet a
country's standards.
- Horizontal Export Trading Company - An export trading
company which exports a range of similar or identical products
supplied by a number of manufacturers or other producers.
Webb-Pomerene Organizations, trade-grouped organized export
trading companies, and an export trading company formed by
an association of agricultural cooperatives are the prime
examples of horizontally organized export trading companies.
- Horn of Africa - The Horn of Africa comprises Djibouti,
Ethiopia, Somalia, and Sudan.
- hours purposes. - The time allowed by charter for
the dual operation of loading and discharging the cargo
- hp - Horsepower
- HS - Harmonized System
- HS - Harmonized Commodity Description and Coding
System
- HSC - Harmonized System Committee
- HTS - Harmonized Tariff Schedule
- HTWG - High Technology Working Group
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