Shipping Terms
POL | Port of Loading | Port of Loading | |
POD | Port of Delivery | Port of Delivery | |
ETA | Estimated Time of Arrival | Estimated Time of Arrival | |
ETB | Estimated Time of Berthing | Estimated Time of Berthing | |
ETS | Estimated Time of Sailing | Estimated Time of Sailing | |
ATA | Actual Time of Arrival | Actual Time of Arrival | |
ATB | Actual Time of Berth | Actual Time of Berthing | |
ATS | Actual Time of Sailing | Actual Time of Sailing | |
BAF | Bunker Adjustment Factor | Bunker Adjustment Factor | |
CAF | Currency Adjustment Factor | Currency Adjustment Factor | |
THC | Terminal Handling Charge | The charges collected by Terminal authorities at each Port for handling equipment in relation to loading and discharging of containers. | |
EXW | Ex 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&F | Cost 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. | |
CIF | Cost 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. | |
FOB | Free 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." | |
FOT | Free 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. | |
CMC | Container Movement Control | The system that makes container tracking, calculates demurrage and empty/full info | |
FCL | Full Container Load | Full Container Load | |
FI-FO | Free 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-LO | Free 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-FO | Liner 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-LO | Liner 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. |