Shipping Glossary

Shipping acronym	Terminology
A/N	Arrival Notice
BKG	Booking
B/L	Bill of Lading
CM	Correction Memo
D/O	Delivery Order
EIR	Equipment Interchange Receipt
ETA	Estimated Time of Arrival
ETD	Estimated Time of Departure
ETB	Estimated Time of Berth
FEU	Forty Foot Equivalent Unit
L/G	Letter of Guarantee
L/C	Letter of Credit
OB	On Board
POL	Port of Loading
PLR	Place Receipt
POD	Port of Discharge
PLD	Place of Delivery
T/S Port	Transhipment Port
TEU	Twenty Foot Equivalent Unit

Freight
Shipping acronym	Terminology
AI	All In Rate
M/T	Measurement Ton/ Basis
OFT	Ocean Freight
W/T	Weight Ton
Surcharges
Shipping acronym	Terminology
BAF	Bunker Adjustment Factor (Bunker Surcharge)
CAF	Currency Adjustment Factor (Currency Surcharge)
CHC	Container Handling Charge
CIC	Container Imbalance Charge
CBR	Critical Bunker Recovery
CRS	Cost Recovery Surcharge
DEM	Demurrage
DET	Detention
EBS	Emergency Bunker Surcharge
FAF	Fuel Adjustment Factor
IPS	ICD Pendency Surcharge
SPS	International Ship and Port Facility Security Charge
OWS	Over Weight Surcharge
PSS	Peak Season Surcharge
PCS	Port Congestion Surcharge
RCS	Reefer Consumption Surcharge
SPA	Saudi-Arabia Port Additional Charge
STF	Stuffing and Unstuffing Charge
THC	Terminal Handling Charge
WRP	War Risk Premium
YAS	Yen Appreciation Surcharge
Sales Team
Shipping acronym	Terminology
C & F	Cost & Freight
CIF	Cost, Insurance, Freight
FOB	Free On Board
Shipside Term
Shipping acronym	Terminology
FIO	Free In / Free Out Term

Shipping acronym	Terminology
NVOCC	(Non-Vessel-Operating Common Carrier)
BCO	Beneficial Cargo Owner
CBM	Cubic Meter
COC	Carrier Own Container
COD	Change Of Destination
EDI	Electronic Data Interchange
PTI	Pre-trip Inspection
ROB	Remain on Board
SOC	Shippers Own Container
S/C	Straddle Carrier