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Freight KnowledgeFreight KnowledgeThe main shipping abbreviated terms (1)ORC (Origin Receive Charges) (2)THC (Terminal Handling Charges) (3)BAF (Bunker Adjustment Factor) (4)CAF (Currency Adjustment Factor) (5)YAS (Yard Surcharges) (6)EPS (Equipment Position Surcharges) (7)DDC (Destination Delivery Charges) (8)PSS (Peak Season Surcharges) (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) (15)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) (22)CY (Container Yard) (23)FCL (Full Container Load) (24)LCL (Less than Container Load) (25)CFS (Container Freight Station) (26)TEU (Twenty-feet Equivalent Units) (27)A/W (All Water) (28)MLB (Mini Land Bridge) (29)NVOCC(Non-Vessel Operating Common Carrier)
Major trading Terminology 2. (DEQ) Delivered Ex Quay (Duty Paid)(…named port of destination) 3. (FAS) Free Alongside ship(… named port of shipment) 4. (FOB) Free on Boaro(… named port of shipment 5. ( EXW) EX Works(… named place) 6. (FCA) Free Carrier(… named place) 7. (CPT) Carriage Paid to):tid to(… named place of destination) 8. (CFR OR C&F) Cost and Freight (named port of shipment) 9. (CIF) Cost,Insurance and Freight(…named port of shipment) 10. (CIP) Carriage and Insurance Paid to(… named place of destination) 11. (DDU) Delivered Duty Unpaid(… named place of destination) 12. (DDP) Delivered Duty Paid(… named place ofdestination) 13. (DAF) Delivered at Frontier(…named place) |
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