Abbreviation – Shipping Terms
|
ARLC |
Automatic Revolving Letter of Credit |
|
BAF |
Bunker Adjustment Factor |
|
C&F |
Cost & Freight |
|
CAD |
Cash Against Document |
|
CAF |
Currency Adjustment Factor |
|
CFS |
Container Freight Station |
|
CIF |
Cost Insurance Freight |
|
CIFC |
Cost Insurance Freight & Commission |
|
CIFE |
Cost Insurance Freight & Exchange |
|
CIP |
Carriage and Insurance paid to |
|
CKD |
Completely Knocked Down |
|
CPT |
Carriage paid to |
|
CY |
Container Yard |
|
D/A |
Documents on Acceptance |
|
D/P |
Documents on Payment |
|
DDP |
Delivered Duty Paid |
|
DDU |
Delivered Duty Unpaid |
|
DLC |
Documentary Letter of Credit |
|
DO |
Delivery Order |
|
ETA |
Estimated Time of Arrival |
|
ETD |
Estimated Time of Departure |
|
EXW |
Ex-Works |
|
FAS |
Free Alongside Ship |
|
FCL |
Full Container Load |
|
FEU |
Forty Foot Equivalent Unit |
|
FILO |
Free In Liner Out |
|
FIO |
Free In and Out |
|
FOB |
Free On Board |
|
FOT |
Free On Truck |
|
GA |
General Average |
|
ICD |
Inland Clearance Depot |
|
ICPO |
Irrevocable Corporate Purchase order |
|
IMO |
Int. Maritime Organization |
|
ISO |
Int. Standardization Org. |
|
L/C |
Letter of Credit |
|
LCL |
Less than Container Load |
|
LIFO |
Liner in Free Out |
|
LT |
Liner Terms |
|
NVOCC |
Non Vessel Operating Common Carrier |
|
OBL |
Original Bill of Lading |
|
P&I |
Protection & Indemnity |
|
P&I |
Protection and Indemnity |
|
PAG |
Payment on Arrival of Goods |
|
PBG |
Prime Bank Guarantee |
|
RLC |
Revolving Letter of Credit |
|
SLC |
Standby Letter of Credit |
|
SO |
Shipping Order |
|
SRCC |
Strike, Riots & Civil Commotion |
|
T/T |
Telegraphic Transfer |
|
TEU |
Twenty Foot Equivalent Unit |
|
THC |
Terminal Handling Charge |
|
TIR |
Transport. Router |
