TERMS RELATED TO IMPORT AND EXPORT

ATA- Actual Time of Arrival

ATB- Actual Time of Berth

ATS- Actual Time of Sailing

BAF- Bunker Adjustment Factor - Fuel Adjustment Ratio

CAF- Currency Adjustment Factor - Currency Adjustment Rate

CF- Cost & Freight - Seller's responsibility is until the container arrives at the port of discharge. Freight and handling costs belong to the seller.

CIF - Cost, Insurance & Freight - Seller's responsibility is until the container arrives at the port of discharge. Freight, Insurance and Transport costs belong to the seller.

CMC - Container Movement Control - It is a system that monitors containers, calculates demurrage and detects empty/full container information.

ETA - Estimated Time of Arrival - Estimated Time of Arrival

ETB - Estimated Time of Berthing

ETS - Estimated Time of Sailing - Estimated Departure Time

EXW - Ex-Works - Seller's responsibility is up to 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 - FOFree In - Free OutLoading and unloading charges are not included in the freight.

FI - LOFree In - Liner OutLoading fee is not included in the freight. The discharge fee is included in the freight.

FOB - Free On Board - Seller's responsibility is until the container is loaded on the ship's deck. Freight is paid by the buyer.

FOT - Free On Truck - The responsibility of the seller is until the container is loaded on the TIR or truck. Freight is paid by the buyer.

LI / FO - Liner In / Free - OutLoading fee is included in the freight. The discharge 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 - Port of Discharge

POL - Port Of Loading - Port Of Loading

THC - Terminal Handling Cost - Stacking and handling charges in the port.