Shipping Terminology

Shipping terms

(1)FCA (Free Carrier) delivery of goods to carrier

(2)FAS (Free Alongside Ship)

(3)FOB (Free on Board) Port of shipment

(4)CFR (Cost and Freight)

(5)CIF (Cost,Insurance and Freight)

(6)CPT (Carriage Paid To) Carriage paid to destination

(7)CIP (Carriage and Insurance Paid To) CIP (carriage and insurance paid to)

(8)DAF (Delivered At Frontier)

(9)DES (Delivered Ex Ship) DES (Delivered ex ship

(10)DEQ (Delivered Ex Quay) DEQ (Delivered ex Quay

(11)DDU (Delivered Duty Unpaid)

(12)DDP (Delivered Duty Paid)

Main shipping terms:

(1)ORC (Origen Recevie Charges) local delivery charges

(2)THC (Terminal Handling Charges)

(3) Bunker Adjustment Factor (BAF) fuel surcharge

(4)CAF (Currency Adjustment Factor) Currency depreciation surcharge

(5)YAS (Yard Surcharges)

(6)EPS (Equipment Position Surcharges)

(7)DDC (Destination Delivery Charges)

(8)PSS (Peak Season Sucharges)

(9)PCS (Port Congestion Surcharge)

(10)DOC (DOcument charges)

(11)O/F (Ocean Freight)

(12)B/L (Bill of Lading)

(13)MB/L(Master Bill of Lading)

(14)MTD (Multimodal Transport Document)

L/C (Letter of Credit)

(16)C/O (Certificate of Origin

(17)S/C Sales Confirmation Sales Contract

(18)S/O (Shipping Order)

(19)W/T (Weight Ton)

(20)M/T (Measurement Ton)

(21)W/M(Weight or Measurement ton) is the highest charge in weight or measurement ton

(22)CY (Container Yard) Cy (container yard)CY (22) cy (container yard

(23)FCL (Full Container Load)

(24)LCL (Less than Container Load) (24)LCL (less than container load)

(25)CFS (Container Freight Station)

(26)TEU (Twenty-feet Equivalent Units) (26)TEU (twenty-feet equivalent units)

(27)A/W (All Water) (mainly means of transportation of goods from the West Coast of the United States to the East Coast or inland points)

(28)MLB(Mini Land Bridge) Mini Land Bridge (mainly refers to the transportation of goods from the West Coast of the United States to the East Coast or inland points)

(29)NVOCC(Non-Vessel Operating Common Carrier)

(4)CFR (Cost and Freight)

(5)CIF (Cost,Insurance and Freight)

(6)CPT (Carriage Paid To) Carriage paid to destination

(7)CIP (Carriage and Insurance Paid To) CIP (carriage and insurance paid to)

(8)DAF (Delivered At Frontier)

(9)DES (Delivered Ex Ship) DES (Delivered ex ship

(10)DEQ (Delivered Ex Quay) DEQ (Delivered ex Quay

(11)DDU (Delivered Duty Unpaid)

(12)DDP (Delivered Duty Paid)

Main shipping terms:

(1)ORC (Origen Recevie Charges) local delivery charges

(2)THC (Terminal Handling Charges)

(3) Bunker Adjustment Factor (BAF) fuel surcharge

(4)CAF (Currency Adjustment Factor) Currency depreciation surcharge

(5)YAS (Yard Surcharges)

(6)EPS (Equipment Position Surcharges)

(7)DDC (Destination Delivery Charges)

(8)PSS (Peak Season Sucharges)

(9)PCS (Port Congestion Surcharge)

(10)DOC (DOcument charges)

(11)O/F (Ocean Freight)

(12)B/L (Bill of Lading)

(13)MB/L(Master Bill of Lading)

(14)MTD (Multimodal Transport Document)

L/C (Letter of Credit)

(16)C/O (Certificate of Origin

(17)S/C Sales Confirmation Sales Contract

(18)S/O (Shipping Order)

(19)W/T (Weight Ton)

(20)M/T (Measurement Ton)

(21)W/M(Weight or Measurement ton) is the highest charge in weight or measurement ton

(22)CY (Container Yard) Cy (container yard)CY (22) cy (container yard

(23)FCL (Full Container Load)

(24)LCL (Less than Container Load) (24)LCL (less than container load)

(25)CFS (Container Freight Station)

(26)TEU (Twenty-feet Equivalent Units) (26)TEU (twenty-feet equivalent units)

(27)A/W (All Water) (mainly means of transportation of goods from the West Coast of the United States to the East Coast or inland points)

(28)MLB(Mini Land Bridge) Mini Land Bridge (mainly refers to the transportation of goods from the West Coast of the United States to the East Coast or inland points)

(29)NVOCC(Non-Vessel Operating Common Carrier)