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Shipping Terms

POLPort of Loading Port of Loading
PODPort of Delivery Port of Delivery
ETAEstimated Time of Arrival Estimated Time of Arrival
ETBEstimated Time of Berthing Estimated Time of Berthing

Estimated Time of Sailing

Estimated Time of Sailing
ATAActual Time of Arrival Actual Time of Arrival
ATBActual Time of Berth Actual Time of Berthing
ATSActual Time of Sailing Actual Time of Sailing
BAFBunker Adjustment Factor Bunker Adjustment Factor
CAFCurrency Adjustment Factor Currency Adjustment Factor
THCTerminal Handling Charge The charges collected by Terminal authorities at each Port for handling equipment in relation to loading and discharging of containers.
EXWEx Works The price that the seller quotes applies only at the point of origin. The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with transporting the goods to the destination.
C&FCost and Freight Term of sale signifying that the price invoiced or quoted by a seller for a shipment does not include insurance charges, but includes all expenses up to a named port of destination.
CIFCost Insurance Freight A shorthand term for signifying that the price invoiced or quoted by a seller includes insurance and all other charges up to the named port of destination.
FOBFree on Board A term of sale defining who is to incur transportation charges for the shipment, who is to control the shipment movement, or where title to the goods passes to the buyer; originally meant "free on board ship."
FOTFree on Truck Pricing term indicating that the seller will put the goods on a railroad car or 'truck' at a named loading point without any extra charge.
CMCContainer Movement Control The system that makes container tracking, calculates demurrage and empty/full info
FCLFull Container Load Full Container Load
FI-FOFree in-Free Out is the international shipping term used in the ocean freight industry means that the carrier is NOT responsible for the cost of loading and unloading goods onto/from the vessel.
FI-LOFree in - Liner Out A freight rate that includes carriage and the cost of offloading as per the custom of the port. Free in liner out rate excludes the cost of loading and (where required) the cost of stowage and lashing.
LI-FOLiner in - Free Out A freight rate qualification that indicates that the offered port-to-port rate includes charges for loading of cargo on the vessel at the port of origin but not for its offloading at the port of destination.
LI-LOLiner in - Liner Out A freight shipping rate that includes the costs of loading the cargo at the departure port and unloading the cargo at the destination port.

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