Samskip Glossary

A glossary of words and their definitions used in the transport industry

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There are currently 7 budgies in this directory beginning with the letter O.
Objectives and key results (OKR)
Collaborative goal-setting tool used by teams and individuals to set challenging, ambitious goals with measurable results.

Off Hire Container
An off-hire container is one that has been returned to the owner’s (the lessor) yard by the lessee after the lease period.

Offered quotes
Quotes offered to the customer. Draft quotes or quotes with status sent back are not included.

On Hired Container
Containers that have been earmarked for lease to a lessee.

Open side storage container
Storage units provided with doors that can change into completely open sides providing a much wider room for loading of materials

Open top container
Container with a convertible top that can be completely removed to make an open-top so that materials of any height can be shipped easily

Operational excellence
The ambition to be best-in-class in everything we do