Damage Protection Plan (DPP) is an additional insurance of containers, provided by the container leasing companies to their clients. When the client pays a small daily contribution, the leasing company insures him against certain types of damage or against maintenance costs for the containers he leases.
I am looking what does mean PAD in Shipping freight terms
it means to take care of the shipping and respect the terms
CIS: Chinese International Shipping
cnf
CIF
pm4
Telegraphic Transfer.
Cargo OnBoard
Notice of readiness
SEC
Delivered at terminal
C is for cost (value before shipping) and F is for freight/shipping.