Abbreviated 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 Organisation
ISO Int. Standardisation 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 International Router

 
 

 
 
   
 
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