Air & Ocean freight terms

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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 - Container Yard
CFS - Container Freight Station
D/F - Documents Fee
FCL - Full Container Load
FI / LI - Free In / Liner In
FO / LO - Free Out / Liner Out
FIO / LIO - Free In and Out / Liner In and Out
IMO - International Maritime Organization
ISPS - The International Ship and Port Facility Code
LCL - Less than Container Load
M/T - Metric Tons
NVOCC - Non-vessel-operating common carrier
O/F - Ocean Freight
PSS - Peak Season Surcharge
RO/RO Vessels - Roll On / Roll Off


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