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Shipper Owned Container (SOC)

A container owned or leased by the shipper – new or used – to transport goods. With Shipper Owned Containers (SOCs), shipping lines are contracted to provide only the transport service. SOC is by opposition to COC.

Shipper Owned Container (SOC)

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Sale and Lease Back (SLB)

An arrangement in which the company that sells an asset can lease back that same asset from the purchaser.

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SPA-H

Superior atmospheric corrosion-resistant steel as defined by the Japan Iron and Steel Federation (JIS) Standard. Generally considered the Equivalent of COR-TEN®.

JIS Website

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Survey Report

Report established by a surveyor after inspection with a view to documenting condition of the container and generally serving to establish whether the container is suitable for transportation or not.

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