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Terms And Explanations Related To Maritime Trade, Import And Export

ATA	Actual Time of Arrival	Real Arrival Time
ATB	Actual Time of Berth	Real Dock Time
ATS	Actual Time of Sailing	Real Departure Time
BAF	Bunker Adjustment Factor	Fuel Adjustment Ratio
CAF	Currency Adjustment Factor	Currency Adjustment Ratio
CF	Cost & Freight	The seller's responsibility is until the container arrives at the port of discharge. Freight and Transport costs belong to the seller.
CIF	Cost, Insurance & Freight	The seller's responsibility is until the container reaches the discharge port. Freight, Insurance and Transport costs belong to the seller.
CMC	Container Movement Control	It is a system that monitors containers, calculates demurrage and determines empty/full container information.
ETA	Estimated Time of Arrival	Estimated Time of Arrival
ETB	Estimated Time of Berthing	Estimated Dock Time
ETS	Estimated Time of Sailing	Estimated Departure (Start of Cruise) Time
EXW	Ex-Works	The seller's responsibility is until the factory delivery. Freight and other costs are paid by the buyer.
FCL	Full Container Load	Indicates that the container is occupied by a single vendor/manufacturer
FI – FO	Free In – Free Out	Loading and unloading charges are not included in the freight.
FI – LO	Free In – Liner Out	Loading fee is not included in the freight. The shipping fee is included in the freight.
FOB	Free On Board	The seller's responsibility is until the container is loaded onto the ship's deck. The freight is paid by the buyer.
FOT	Free On Truck	The seller's responsibility is until the container is loaded into the truck or truck. Freight is paid by the buyer.
LI – FO	Liner In – Free Out	Shipping fee is included in the freight. The shipping fee is not included in the freight.
LI – LO	Liner In – Liner Out	Loading and unloading charges are included in the freight.
POD	Port Of Delivery	Drain Port
POL	Port Of Loading	Download Port
THC	Terminal Handling Cost	Stocking and handling charges at the port.

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