Air & Ocean freight terms
Abbreviations Incoterms 2000 (named place will follow the delivery terms) EXW - Ex Works FCA - Free Carrier FOB - Free on Board FAS - Free Alongside Ship CFR - Cost and Freight CIF - Cost Insurance and Freight CPT - Carriage Paid To CIP - Cost and Insurance Paid To DAF - Delivered at Frontier DES - Delivered Ex Ship DEQ - Delivered Ex Quay DDU - Delivered Duty Unpaid DDP - Delivered Duty Paid Air freight terms Ocean freight terms AWB - Air Waybill CHC - Handling Airline Charges CHA - Handling Agent Charges FSC - Fuel Surcharge SSC - Security Surcharge INC - Insurance Charges CC - Charges Collect PP - Charges Prepaid DGR - Dangerous Goods Regulations IATA - International Air Transport Association L/C - Letter of Credit LAR - Live Animal Regulations NCV - No customs Value NVD - No Value Declared for Carriage TACT - The Air Cargo Tariff VAL - Valuable Cargo BAF - Bunker Adjustment Factor B/L - Bill of Lading CAF - Currency Adjustment Factor CY -