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 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

Fortune Kuwait.