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t Short Form Shipping Terms
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2010-11-12 16:50:22
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o Short Form Shipping Terms:
e A/W = All Water
s ANER = Asia North America Eastbound Rate
_ AWB = Air Waybill
C B/L = Bill of Lading
I B/R = Buying Rate
F BAF = Bunker Adjustment Factor
_ C&F = Cost and Freight
a CBM = Cubic Meter
n C.C = Collect
d C.S.C = Container Service Charge
_ C.Y. = Container Yard
F C/(CNEE) = Consignee
O C/O = Certificate of Origin
B CAF = Currency Adjustment Factor
_ CFS = Container Freight Station
m CHB = Customs House Broker
e CIF = Cost, Insurance and Freight
a CIP = Carriage and Insurance Paid To
n COMM = Commodity
_ CPT = Carriage Paid To
i CTNR = Container
n D/A = Document Against Acceptance
_ D/O = Delivery Order
s D/P = Document Against Payment
h DAF = Delivered At Frontier
i DDC = Destination Delivery Charge
p DDP = Delivered Duty Paid
p DDU = Delivered Duty Unpaid
i DEQ = Delivered Ex Quay
n DES = Delivered Ex Ship
g Doc# = Document Number
_ EPS = Equipment Position Surcharges
t Ex = Work/ExFactory
e F/F = Freight Forwarder
r FAF = Fuel Adjustment Factor
m FAK = Freight All Kind
s FAS = Free Alongside Ship
# FCA = Free Carrier
i FCL = Full Container Load
x FEU 40‘ = Forty-Foot Equivalent Unit 40’
z FMC = Federal Maritime Commission
z FOB = Free On Board
1 GRI = General RateIncrease
K H/C = Handling Charge
a HBL = House B/L
z I/S = Inside Sales
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IA = Independent Action
L/C = Letter of Credit 　
LCL = Less Than Container Load
M/T 尺 = Measurement Ton
MB/L = Master Bill Of Loading
MLB = Minni Land Bridge
MTD = Multimodal Transport Document
N/F = Notify
NVOCC = Non Vessel Operating Common Carrier
O/F = Ocean Freight
OBL = Ocean (or original )B/L
OCP = Overland Continental Point
OP = Operation
ORC = Origen Recevie Charges (Guangdong, China)
P.P = Prepaid
PCS = Port Congestion Surcharge
POD = Port Of Destination
POL = Port Of Loading
PSS = Peak Season Sucharges
S/(Shpr) = Shipper
S/C = Sales Contract
S/O = Shipping Order
S/R = Selling Rate
SC = Service Contract
SSL = Steam Ship Line
T.O.C = Terminal Operations Option
T.R.C = Terminal Receiving Charge
T/S = Trans-Ship
T/T = Transit Time
TEU 20‘ = Twenty-Foot Equivalent Unit 20’
THC = Terminal Handling Charges (Hongkong)
TTL = Total
TVC/ TVR = Time Volume Contract/ Rate
VOCC = Vessel Operating Common Carrier
W/M = Weight or Measurement ton
W/T = Weight Ton
YAS = Yard Surcharges

"Delivered Duty Unpaid" means that the seller delivers the goods to the buyer to the named placed
of destination in the contract of sale. The goods are not cleared for import or unloaded from any
form of transport at the place of destination. The buyer is responsible for the costs and risks for the
unloading.

"Carriage Paid To" means place at destination includes all destination port charges. Risk and
insurance cost pass to buyer when delivered to carrier or seller who pays transportation and
insurance cost to destination.
This is a global shipping terms which use in international trade. CIF means Cost Insurance and
Freight. That means shipper/Trader has to pay the Cost of shipment up to the ship, Insurance cost of
cargo and Freight cost up to destination port. FOB stands for Free On Board which means
shipper/trader pays only costs up to the ship and Insurance cost, but freight charges is payed by the
Buyer/Consignee.
Read more:
http://wiki.answers.com/Q/What_does_CIF_and_FOB_mean_in_shipping_terms#ixzz1Kb2ppCH9