GLOSSARY --> G


G.R.I.
General Rate Increase

GATT
General Agreement on Tariff and Trade. An international multilateral agreement embodying a code of practice for fair trading in international commerce.

General Average
General average is an unwritten, non-statutory, international maritime law which is universally recognized and applied. It is founded on the principle that vessel and goods are parties to the same venture and share exposure to the same perils, which may require sacrifice or the incurring of extraordinary expense on the part of one for the benefit of the whole venture.

Genset (Generator Set)
A portable power generator, which converts fuel into electrical power by mechanical means, and from which a reefer draws power. A clip-on generator set is mounted to the front of the refrigeration unit. An underslung generator set is mounted to the chassis upon which the reefer is mounted for handling and transport. The underslung generator set can be either side-mounted or center-mounted on the chassis.

Gooseneck
The front rails of the chassis that raise above the plane of the chassis and engage in the tunnel of a container.

Gross Tonnage
Applies to vessels, not to cargo. Determined by dividing by 100 the contents, in cubic feet, of the vessel's closed-in spaces. A vessel ton is 100 cubic feet.

Gross Weight
Entire weight of goods, packaging and container, ready for shipment.

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