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| Abbreviation | Explanation |
|---|---|
| BAF | Bunker Adjustment Factor (BAF): Freight item that is set monthly as a protection against oil price fluctuations. |
| Berth Term | Berth terms. This expression is used for shipments under a charterparty. The purpose of these "terms" is mainly to clarify which side pays for the loading and discharging costs of the cargo. |
| B/L | Bill Of Lading: A loading instruction document that contains all the detailed information about the sender and receiver, and information such as loading place and date, the place of delivery, type, amount, gross weight and delivery method of the goods. |
| CFS | A CFS (container freight station) is a warehouse that specializes in the consolidation and deconsolidation of cargo. |
| C/O | Certification of Origin |
| CAF | Currency Adjustment Factor |
| CBM | CBM |
| CCC | Container Cleaning Charge |
| CKD | Complete Knock Down . A knock-down kit is a kit containing the parts needed to assemble a product. The parts are typically manufactured in one country or region, then exported to another country or region for final assembly. |
| CY | Port facility at which containers are accepted for loading onboard ships, and off-loaded containers are delivered to the consignees. Also called Marshalling yard |
| CNTR | container |
| DOC | Destination Delivery Charge : A charge, based on container size, that is applied in many tariffs to cargo. This charge is considered accessorial and is added to the base ocean freight. |
| D/O | D/O (Delivery Order) |
| ETA | The estimated time of arrival (ETA) is the time when a ship, vehicle, aircraft, cargo, emergency service or person is expected to arrive at a certain place. |
| ETD | In this respect, the phrase or its abbreviation is often paired with its complement, estimated time of departure (ETD), to indicate the expected start timeof a particular journey. |
| FCL | FULL CONTAINER LOCAD CARGO |
| FEU | FEU. Forty foot equivalent unit. This is a unit used to measure the space available for containers. One standard size relates to the external length of the box being forty feet or 12.2m. |
| FMC | Federal Maritime Commission. |
| Free Time | FREE TIME: The period of time allowed for the removal or accumulation of cargo before charges become applicable. |
| GRI | General Rate Increase. |
| LC | A letter of credit (LC), also known as a documentary credit or bankers commercial credit, is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. |
| LCL | Less-than-container load (LCL) is a shipment that is not large enough to fill a standard cargo container. |
| NVOCC | NVOCC (Non vessel owning carrier or non vessel operating carrier). This may be a freight forwarder or other form of contracting “carrier” who undertakes to provide carriage of goods but either does not own vessels or, even if this is a vessel owner, space may be used on board vessels belonging to other owners. |
| Ro/Ro | Roll-on/roll-off (RORO or ro-ro) ships are vessels designed to carry wheeled cargo, such as cars, trucks, semi-trailer trucks, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform vehicle, such as a self-propelled modular transporter |
| SC | Service Contract. Service contract is the term of providing steady ocean freight for certain period by Line. |
| TEU | Twenty Foot Equivalent Units. |
| THC | Terminal Handling Charges: Container ServiceCharges (CSC or THC) are additional costs, on top of the sea freight, charged by the shipping company for the handling of containers at the container terminalbefore being loaded onboard a vessel. |
| WFC | WHARFAGE |