Prime School BD (PSBD24) is popular blog site about technology, merchandising, textile & accounting rules in Bangladesh. Also the post that are publishing about Accounting tutorial, Textile, RMG, Merchandising, Knit Merchandising, Woven Merchandising, Apparel Merchandising, Garments, Dyeing, Spinning, Washing, Buying House, else many things with tips & tricks.

Aowsaf FM

Prime School BD (PSBD24) is popular blog site about technology, merchandising, textile & accounting rules in Bangladesh. Also the post that are publishing about Accounting tutorial, Textile, RMG, Merchandising, Knit Merchandising, Woven Merchandising, Apparel Merchandising, Garments, Dyeing, Spinning, Washing, Buying House, else many things with tips & tricks. বদিউজ্জামান ( রুবেল )
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Abbreviation of various Shipping Terms, ☼ Different Country and port

☼ Abbreviation of Various Shipping Terms 
1.      CM            : Cost of making/ cutting and making
2.      FOB          : Freight on board
3.      C & F        : Cost and freight / Clearing and forwarding
4.      CIF            : Cost, insurance and freight
5.      CIFI          : Cost, insurance, freight and interest
6.      CIFE         : Cost, insurance, freight and exchange
7.      COD         : Cash on delivery
8.      CWO         : Cash with order
9.      FOW         : Free on wagon
10.  Franco       : (…Named Port of Shipment) FOB : Free on Board (…Named Port of Shipment)
11.  CFR          : Cost and Freight (…Named Port of Destination)
12.  CIF            : Cost, Insurance and Freight (…Named port of Destination)
13.  CPT           : Carriage Paid To (…Named Place of Destination)
14.  CIP            : Carriage and instruction paid to (…Named Place of Destination)
15.  DAF          : Delivered at frontier (..Named Place)
16.  DES          : Delivered Ex Ship (…Named Port of Destination)
17.  DEQ          : Delivered Ex QUAY (…Named Port of Destination)
18.  DDU         : Delivered Duty Unpaid (…Named Place of Destination)
19.  DDO         : Delivered Duty Paid (…Named Place of Destination)

Common Export & Shipping Abbreviations.

AAA →Association of Average Adjusters

ABCC →Arab British Chamber of Commerce

A/C →Account

Act of God →Any act which could not have been prevented by human care and forethought

ADR→EU agreement for international carriage of dangerous goods by road

AF →Advance Freight (such as prior to shipment)

AMT →Air Mail Transfer

AN →Advice Note

ANF →Arrival Notification Form

A/O →Account Of

AP →Additional Premium

ASEAN →Association of South East Asia Nations

ASWP →Any Safe World Port

ASSP →Any Safe Suitable Port

ATA →Admission Temporaire - Temporary Addmission

ATP →Accorded Transports Perissable (european agreement on the
international carriage of perishable foodstuffs)

ATR →Admission Temporaries  Roulette - Temporary Admission on Wheels

AV →Freight rate based on value of goods shipped

AWB →Air Waybill

BAF →Bunker age Adjustment Factor on shipping rates

BB →Bill Book

BD →Bond

B/D →Bankers Draft

BDI →Both Days Included

B/E →Bill of Exchange

BF →Back Freight for goods being returned to point of origin

BIFA →British International Freight Association

BKG →Breakage

BKGE →Brokerage

BL →Bulk Licence to cover a trading period, or value

B/L →Bill of Lading

BOND →guarantee to Customs for payment of duty or tax

BOTB →British Overseas Trade Board

BP Bills Payable

BR →Bills Received

BS →Bill of Sight used for Customs declaration when the importer is unable to furnish all documents

B/S →Bill of Sale

BSEC →Black Sea Economic Co-operation

BSI →British Standards Institution

BST →British Summer Time

CAA →Civil Aviation Authority

CAD →Cash Against Documents

CAF →Currency Adjustment Factor for sea freight rates

CAP →Common Agricultural Policy

CARICOM →Caribbean Community

Carr Fwd. →Carriage Forward

CB →Container Base

CBD →Cash Before Delivery

CBM →Cubic Metre

CCC →Customs Clearance Certificate

CCCN →Customs Co-Operation Council Nomenclature (formerly BTN Brussels Tarriff Nomenclature)

CCM →Caribbean Common Market

CC/O →Certificate of Consignment/Origin

C&D →Collected & Delivered

CD →Customs Declaration

CDV →Current Domestic Value

C&E →Customs & Excise

CE →Community European - quality mark on goods

CET →Central European Time

CEN →European Standards Office

C&F →Cost & Freight (not in INCOTERMS 1990)

Cf →Cubic Feet

CFR →Cost & Freight (named port of destination)

CHIEFS →The UK Customs electronic system for both export and
import transactions

ch pd →Carriage Paid

ch ppd →Carriage Pre-paid

C/I →Consular Invoice/Certificate of Insurance

CIF →Cost Insurance & Freight (named port of destination)

CIF&C →Cost Insurance & Freight & Commission

CIFC&I →Cost Insurance, Freight, Commission & Interest

CIM →Contract of movement by International Rail

CKD →Completely Knocked Down

CMR →Convention Merchandises Par Routes (conditions for the
international carriage of goods by road)

CNF = Cost Net Freight

C/N →Consignment Note, Cover Note

C/NEE  →Consignee

C/NOR →Consignor

CO or C/O →Certificate of Origin, Cash Order

COD →Cash On Delivery

COM/I →Commercial Invoice

COMET →Committee Of Middle East Trade

COMITEXTIL →Co-Ordination Committee for the Textile Industry in the EU

C of O →Certificate of Origin, note there are several different types

COI →Central Office of Information

COP →Certificate Of Posting

COTECHNA →A London based company engaged in pre inspection

CPA →Claims Payable Abroad

CPD →Charter Pays Due

CPT →Carriage Paid To (named destination)

CR →Current Rate, Carriers Risk, Compound Risk

CRN →Customs Registered Number

C/S →Currency Surcharge

CT →Community Transit

CTC →Customs Tarriff Code, now harmonised virtually world-wide

CTL →Constructive Total Loss

C/V →Certificate of Value

C/VO →Certificate of Value & Origin

CWO →Cash With Order

CY →Currency

D/A →Documents Against Acceptance, Days after Acceptance

DAF →Delivered At Frontier

DAN →Deferment Account Number

DDP →Delivered Duty Paid

DDU →Delivered Duty Unpaid

DEPS →Departmental Entry Processing System

DEQ →Delivered Ex Quay (named port of destination)

DES →Delivered Ex Ship (named port of destination)

DFT →Draft

DGN →


D/A
"Documents against acceptance, days after acceptance
DAF
Delivered at Frontier
DB
DeustcheBundesbahn(German Railways)
Dbk
Drawback
D/C
"Deviation clause, documentary collection
dd
Delivered
D/D
days after date (of tenor of bill of exchange)
DDA
Duty Deferment account
DDP
Delivered duty paid
DDU
Delivered duty unpaid
DEM
Deutschmark
DEPS
Departmental Entry Processing System
DEQ
Delivered ex quay
DES
Delivered ex ship
DESO
DefenceExport ServicesOrganisation
DGN
Dangerous Goods Note
DF
Dead freight (shipper orchartererpays for space booked but not occupied)
Dft
Draft
DKR
DanishKroner
D/O
Delivery order
D/P
"Documents against payment, direct port
D/R
Deposit receipt
D/S
Days after sight
DSB
DanskeStaatsbahn(Danish Railways)
DTI
Direct trader input/Department of Trade and Industry
D/W
"Dock Warrant, deadweight
dwc
Deadweight capacity
dyor
dely Delivery
EAPE
Exchange as per Endorsement
EAR
Export after repair
EC
European Community
ECA
Economic Co-operation Administration
ECE
Economic Commission forEurope
ECGD
Export Credits Guarantee Department
ECI
Export Consignment Identifier
ECOFIN
Economic and Financial Affairs Council (EC)
ECPD
Export Cargo Packing Declaration
ECS
Echantillonscommerciaux commercial samples
ECSC
European Coal & Steel Community
ECSI
Export Cargo Shipping Instruction
ECU
European currency unit
EDCS
Electronic Data Capture Service
EDI
Electronic Data Interchange
EDIA
Electronic Data Interchange Association
EEA
European Economic Area
EFTA
European Free Trade Association
EHA
Equipment Handover Agreement
EHC
Export Health Certificate
EIB
European Investment Bank
EIC
European Information Centre
EIMT
Express International Money Transfer
EIS
Export Intelligence Service BOTB)
EMS
Express money service
e&oe
Errors &ommissionsexcepted
eohp
Except as otherwise herein provided
EPS
Entry processing station
EPU
"Entry processing unit, European payments unit
ESC
"European Shippers Council, Portuguese Escudo
ESCAP
Economic and Social Commission forAsia& the Pacific
ESL
Sales Listing
EC
Eastern Standard Time USA)
ETA
Estimated time of arrival
ETD
Estimated time of departure
ETS
Estimated time of sailing
EURATOM
European Atomic Energy Community
Ex
"Examined, Exchanged, Executed, Excluding, out of
EXBO
Export Buying Offices Association
Exd
Examined
EXW
Ex works
faa
Free of all average
fac
Forwarding agents commission
fak
Freight all kinds
FAS
Free alongside ship
FBL
Forwarders Bill of Lading
FCA
Free carrier
FCL
Full container load
FC & S
free of capture and seizure
Fco
Franco
FCR
Forwarder's Certificate of Receipt
FCT
Forwarders Certificate of Transport
fd
"Free discharge, free docks, free dispatch or free delivery
F & D
Freight and demurrage
ffa
Free from alongside or free foreign agency
ffi
for further instructions
FGA
Free of General Average
FIATA
International Federation of Freight Forwarders Association
faa
Free of all average
fac
Forwarding agents commission
fak
Freight all kinds
FAS
Free alongside ship
FBL
Forwarders Bill of Lading
FCA
Free carrier
FCL
Full container load
FC & S
free of capture and seizure
Fco
Franco
FCR
Forwarder's Certificate of Receipt
FCT
Forwarders Certificate of Transport
fd
"Free discharge, free docks, free dispatch or free delivery
F & D
Freight and demurrage
ffa
Free from alongside or free foreign agency
ffi
for further instructions
FGA
Free of General Average
FIATA
International Federation of Freight Forwarders Association
FIO
Free in and out -chartererpays for cost of loading and discharging cargo
FIO & stowed
Free in and out -chartererpays for cost of loading and discharging cargo plus stowing
FIO & trimmed
Free in and out -chartererpays for cost of loading and discharging cargo plus trimming
FIT
Federation of International Traders
fiw
Free in wagon
F/L
Freight liner
FLIC
Forwarders local import control
FMB
Federal Maritime Board (USA)
FMC
Federal Maritime Commission (USA)
Fo
"For orders, free out terms
FOB
Free on board
foc
Free of charge
fod
Free of damage
forex
foreign exchange
FP
Floating (open) marine policy/fully paid
FPA
Free of particular average (obsolete)
FP -C
Flash pointcelsius
FR
Freight release
FRA
Forward Rate Agreement
Franco
Free -e.g. Franco London-all charges paid to arrivalLondon
fr& cc
Free of riots and civil commotions
FRF
French Franc
frt
Freight
FS
Italian Railways
frof
Fire risk on freight
FTA
Freight Transport Association or Free Trade Agreements
FTL
Full Trailer Load
Fwd
Forward
G/A
"General Average, GeneralAuthorisation
GAC
General Average Certificate
G/A
con General Average contribution
GATT
General Agreement of Tariffs & Trade
GBP
Pound sterling
GCBS
General Council of British Shipping
GCC
Gulf Cooperation Council
GmbH
Registered Company (Germany)
GMT
Greenwich Mean Time
gnp
Gross national product
GRT
Gross registered tonnage
Grwt
Gross weight
gsm
Good sound merchantable
GSP
Generalisedsystem of preferences
GUV
General Utility Van (rail)
GV
GrandVitesse(express train)
HAWB
HouseAirwaybill
HBL
House Bill of Lading
H/c
Held covered
HCS
HarmonisedCommodity Section
HFL
DutchFlorin
h/h
Half-height (container)
HL
Heavy lift
HMC
Her Majesty's Customs
HMC&E
Her Majesty's Customs and Excise
HMSO
HerMajestysStationery Office
HVR
Hague-VisbyRules
IATA
International Air Transport Association
IB
In Bond or invoice book
IBAP
Intervention Board for Agricultural Produce
(x) IBOR
InterbankOffered Rate
IBRD
International Bank for Reconstruction and Development
ICAO
International Civil AviationOrganisation
ICB
International Container Bureau
ICC
"International Chamber of Commerce, Institute Cargo Clauses
IC & C
Invoice cost and charges
ICCH
International Commodities Clearing House
ICD
Inland clearance Depot
ICHCA
International Cargo Handling Co-ordination Association
Icc
Institute Cargo clauses
ICS
International Chamber of Shipping or Institute of Chartered Shipbrokers
ID
Import Duty
IDA
International Development Authority
IDR
Import Duty Relief
IFC
International Finance Corporation
IFF
InstituteofFreightForwarders
I/L
ImportLicence
ILO
InternationalLabourOrganisation
ILU
InstituteofLondonUnderwriters
IMB
International Maritime Council
IMCO
International Maritime ConsultativeOrganisation
IMDG
International Maritime Dangerous Goods code
IMF
International Monetary Fund
IMO
International MaritimeOrganisation
IMT
International Money Transfer
INR
Indian Rupee
INSA
InternationalShipowners' Association
INTRASTAT
Intra EC Statistics
IOE
InstituteofExport
ipa
Including particular average
IPR
Inward Processing Relief
IRD
Inland rail depot
IRN
Import Release Note
IRU
UnionInternationaledes TransportsRoutiers
ISC
Institute Strike Clauses
ISF
International Shipping Federation
ISO
International StandardsOrganisation
ITI
Customs Convention on the International transit of goods
ITMA
InstituteofTradeMark Agents
IUPIP
InternationalUnionfor the Protection of Intellectual Property
IWC
Institute War Clauses
J & WO
Jettison & washing overboard
JLCD
JointLiasonCommittee on Documents
LJPY
JapeneseYen
LAFTA
Latin American Free Trade Association
LASH
Lighter aboard ship
L/C
Letter of Credit
LCL
Less than full container load
LAB
Lloyds Average Bond
L/A
"Lloyds Agent, letter of authority
ldg
Loading
Ldg&Dly
Landing and delivery
Lds
Loads
LDC
Less-developed country
LEC
Local export control
LI
Letter of Indemnity
LIBID
LondonInterbankBid Rate
LIBOR
LondonInterbankOffered Rate
LIC
Local import control
LIFFE
LondonInternational Financial Futures Exchange
LIMEAN
LondonInterbankMean Rate
LIT
Italian Lira
Lkg & bkg
Leakage & breakage
Lkge
Leakage
L/L
Long length
LO/LO
Lift on/lift off
LOR
Lender's Offered Rate
LR
Lloyds Register
ls
Lumpsum(freight)
LT-EUR1
Long-term movement certificate(EC)
LVI
Local Veterinary Inspector
LVP
Low Value Procedure
MAT
"Marine, aviation and transport (insurance)
MAWB
Master Air Waybill
MDHB
MerseyDocks andHarbourBoard
MFN
MostFavouredNation
mgr
Merry-go-round (rail); manager
Min
Minimum
Min wt
Minimum weight
MIP
Marine Insurance Policy
MR
Mate's receipt
mst or msmt
Measurement
MT
"Mail Transfer, metrictonne; empty (to describe container)
M3
Cubicmetre
MV or mv
Motor vessel
n/a
"no account (banking), not applicable
N/A
No advice
NCM
NederlandscheCredietverzekeringMaatschappij
NCV
No commercial value
ND
No discount
NDPS
National Data Processing Service
ne
Not exceeding
Nei
Not elsewhere included
Nes
Not elsewhere specified
NIR
Northern IrelandRailways
NMB
National Maritime Board
NOK
NorwegianKroner
nop
Not otherwise provided
NPC
National Ports Council
nr
No risk until confirmed or net register
nrad
No risk after discharge
NRT
Nettregistered tonnage
ns
NerdlandseSpoorwegen(Dutch Railways)
nspf
Not specially provided for
N/t
Net terms
NVOCC
Non vessel owning common carrier
NYPLR
New YorkPrime Lending Rate
o/a
On account of
OBO's
Oil/Bulk/Ore carriers
O/C
"Open cover, open charter
o/c
Overcharge
OCN
Out-of-charge note
OCTs
The Overseas countries and territories of member states associated with the EEC under part 4 of the Treaty of Rome
o/d
On demand or overdrawn
OECD
Organisationfor Economic Co-operation & Development
OEEC
Organisationfor European Economic Co-operation
OFT
Office of Fair Trading
OGL
Open GeneralLicence
OJEC
Official Journal of the European Communities
on
Official number
O/o
Order of
oog
Out of gauge
OP
Open or floating cargo insurance policy
OPEC
Organisationof Petroleum Exporting Countries
OPR
Outward Processing Relief
O/R
Owner's risk
P/A
"Private account, particular average, power of attorney
PBA
PortofBristolAuthority
P/C
"Price current, per cent
Pd
Paid or passed
PD
Port dues
PE
Period entry
PEP
Projects and Export Policy Division (BOTB)
pkge
Package
P&I
Protection and Indemnity
PKD
Partially knocked down
P/L
Partial loss
PLA
PortofLondonAuthority
pm
Premium
PMS
Permanent Manual System
P/N
Promissory note
POA
Place of acceptance
PO
"Post Office, purchase order, payment order
POD
Paid on delivery/Proof of delivery
Ppd
Prepaid
PR
Parcel receipt
PSD
Pre-shipment document
PSI
Pre-shipment Inspection
PT
Preferential Treatment
PTL
Partial total loss
PUCC
Port Users Consultative Committee
PV
PetiteVitesse(slow goods train)
Qn
Quotation
Qty
Quantity
RAFT
Revolving Acceptance Facility by Tender
RAPR
Refer to acceptor please re-present
R & CC
Riots and Civil Commotions
CC & S
"Riots, Civil Commotions & Strikes
RDPR
Refer to drawer please represent
REDS
Registered Excise Shippers and Dealers
Reefer
Refrigerated box or vessel
RENFE
Spanish Railways
RES
Retail Export Scheme
RHA
Road Haulage Association
RN
Removal Note
R/O
Routing Order
Ro/Ro
Roll-on/Roll-off
RP
P "Return premium, reply paid, return of post
ROD
"Rusting,oxidisation, denting (discolouration)
RTK
Revenuetonnekilometres
RTP
Restrictive trade practices
S/a
"Safe arrival or subject to approval,SocieteAnonyme(limited company France)
SAD
Single Administrative Document
sae
Stamped addressed envelope
Sar
Limited company (Italy)
sanr
Subject to approval no risk
SB
"Short Bill, payable on demand or sight
SCP
Simplified Clearance Procedure
SD
"Sight Draft, Short Delivery
SDBL
Sight Draft with attached Bill of Lading
SDR
Special Drawing Rights
SEA
Single European Act
SEK
SwedishKroner
SEM
Single European Market
SFR
Swiss Franc
S & H/exct
Sundays and Holidays excepted in lay days
IECA
"General Treaty of Economic Integration, Central American States
SITC
Standard International Trade Classification
SITPRO
Simplification of International Trade Procedures Board
SGS
SocieteGeneralede Surveillance
SNCB
SocieteNationaledeCheminsdeFerBelgique(Belgian Railways)
SNCF
SocieteNationaledeCheminsdeFer(French Railways)
SSN
Standard Shipping Note
SO
Seller's option
SOB
Shipped on board
SOEC
Statistical Office European Community
spr
Sunprotectinrequired
RCC
"Strikes, riots & civil commotions
SS
Steamship
SSD
Supplementary Statistical Declaration
stc
Said to contain
SWIFT
Society for WorldwideInterbankFinancial Telecommunications
SWL
Safe Working load
TDC
Total distribution costs
TDW
Tons deadweight
TEU
Twenty-foot equivalent unit
THE
Technical Help for Exporters (department of the BOTB)
TIEx
International Express Rail Parcels consignment note
TIR
TransportInternationaleRoutiers
T/L
Total Loss
TLA
Tanker Loading Authority
TLO
Total loss only
TMR
Trade Marks Registry
TMO
Telegraphic money order
P & ND
"Theft, Pilferage and non-delivery
TQ
TaleQuale(according to sample)
TSR
Transit shed register or Trans Siberian Railway
TT
Telegraphic transfer
TTC
Tariff trade code
TUCC
Transport Users Consultative Committee
TURN
Trader unique reference number
U/A
"Underwriting account, unit of account
UCE
Unforeseen circumstances excepted
UCP
Uniform Customs and Practice (of Documentary Credits)
U/D
Under deck
UDEAC
Central African Customs and EconomicUnion
UDEAO
UnionDouanceetEconomiqued'AfriqueOccidentale
ULCC
Ultra large crude carrier
ULD
Unit load device
UN
United Nations
UNCTAD
The United Nations Conference on Trade & Development
UNCITRAL
The United Nations Commission on International Trade Law
UPU
Universal PostalUnion
URC
Uniform Rules for Collections
URCG
Uniform Rules Contract Guarantees
USD
United StatesDollar
U/w
Underwriter
VAT
Value Added Tax
VLCC
Very large crude carrier
WA
With average (obsolete)
WB
"Waybill, warehouse book
w/d
"Warranted, withdrawn
wg
Weight guaranteed
Wgt
Weight
WIPO
World Intellectual PropertyOrganisation
W & M
War & Marine
W/M
Weight and/or measurement
WP
Without prejudice
WPA
With particular average obsolete)
WR
Warehouse receipt
wro
War risks only
Wt
Weight
WTE
Wartime extension clause
WW
Warehouse warrant
YAR
York-Antwerp rules
ZAR
South AfricanRand


Shipping Terminology Used in Import Export Business:
Mostly used 60 shipping terms have presented in the below:
1. What is CM?
CM stands at cost of making or cutting and making.
2. What is FOB?
FOB means Freight on board.
3. What is C&F?
C&F means cost and freight or clearing and forwarding.
4. What is CIF?
CIF includes cost, insurance and freight.
5. What is CIFI?
In case of shipping terms, CIFI includes cost, insurance, freight and interest.
6. What is CIFE?
CIFE means cost, insurance, freight and exchange.
7. What is COD?
COD stands at cash on delivery.
8. What is CWO?
CWO means cash with order.
9. What is FOW?
FOW stands at free on wagon.
10. What is CPT?
CPT stands at carriage paid to.
11. What is CIP?
In case of shipping terms, CIP means carriage and instruction paid to.
12. What is DAF?
DAF means delivered at frontier.
13. What is DES?
DES stands at delivered ex ship.
14. What is DEQ?
DEQ includes delivered ex quay.
15. What is DDU?
DDU means delivered duty unpaid.
16. What is DDO?
DDO stands at delivered duty paid.
17. What is A.D.I.S?
A.D.I.S stands at automated computer based data interchange system.
18. What is A/F?
A/F stands at advanced freight.
19. What is A.F.R.A?
A.F.R.A stands at average freight rate assessment.
20. What is A.G.B?
A.G.B stands at any good brand.
21.What is Agt?
In case of shipping terms, Agt means agent or against.
22. What is A.I.F.T.A?
A.I.F.T.A means associate institute freight trades association.
23. What is AN?
AN means arrival notice.
24. What is AMT?
AMT stands at amount.
25. What is A/O?
A/O means account of (also AO.)
26. What is AP?
AP stands at additional premium or average payable.
27. What is A/R?
A/R stands at all risks (also A.R.) regards to insurance.
28. What is ASABOSA?
ASABOSA means association of ships agents and brokers of South Africa.
29. What is A.T.A?
A.T.A means actual time of arrival.
30. What is AV?
In case of shipping terms, AV means available container.
31. What is BAF?
BAF means bunker adjustment factor.
32. What is BCV?
BCV means barge carrying vessel.
33. What is BD?
In case of shipping terms, BD means bank draft.
34. What is B/E?
B/E means bill of entry customs.
35. What is BIFA?
BIFA stands at British international freight association of freight forwarders.
36. What is B/L?
B/L means Bill of Loading.
37. What is BN?
In case of shipping terms, BN stands at booking note.
38. What is B/P?
B/P stands at bills payable.
39. What is B.P.B?
B.P.B means bank post bill.
40. What is BSC?
BSC means British shippers council.
41. What is BV?
In case of shipping terms, BV stands at Bureau Veritas – French ship classification society.
42. What is C&E?
C&E stands at customs and excise.
43. What is C.A.D?
C.A.D stands at cash against documents.
44. What is CAF?
CAF stands at container availability forecast.
45. What is C.A.N?
C.A.N means customs assigned number.
46. What is CCM?
CCM stands at central container management.
47. What is C.H?
C.H stands at custom house.
48. What is F&D?
F&D means freight and demurrage.
49. What is FCL?
FCL means full container load.
50. What is FCS?
FCS means freight calculation sheet.
51. What is FPD?
FPD means freight payable at destination.
52. What is I.C. &C?
I.C. &C stands at invoice cost and charges.
53. What is I.C.B?
I.C.B stands at International container bureau.
54. What is ICC?
In case of sipping terms, ICC means International chamber of commerce
55. What is IEF?
IEF means International exchange file.
56. What is I.S.F?
I.S.F stands at International shipping federation.
57. What is L/C?
L/C means Letter of credit.
58. What is TIR?
TIR means turn-in reconciliation.
59. What is SOB?
SOB stands at shipped on board.
60. What is RPT?
In shipping terms, RPT stands at rate per ton.

Air Freight

Unlike sea freight, the airlines have decided to charge for the heavy merchandise (high densitygoods) by weight, and lightweight merchandise (low density goods) by volume. However, as airplanes can take less weight than ocean liners, the way they Set the standard, in the garment industry, when you ship goods by air, you have a 70% chance to be charged by weight, about 30% chance by volume.The followings are the relationship between weight and volume as set by IATA ( International air transport association).
a.From most shipping locations in the Far east to the U.S. destinations and Canada 7000 cubiccm = 1 kilo.
b.From certain locations in the Far east to the U.S. destinations and Canada 6000 cubic cm = 1kilo.
Therefore when you have low density goods to ship by air, in order to determine if you should try tomake the cartons as small as possible to save freight. First you check with the local air forwarding agent by asking him in the country where you are, how many cubic cm is considered 1 kilo inweight. They will tell you either 7000 or 6000. This is the answer you need.Then you physically check the weight and measurements of the good s packed for the air shipment. Now we have the 3 answers as follows, for example:
  1. The country is Bangladesh and the formula is 6000 cubic cm = 1 kilo
  2. The measurements of the cartons are 50cmX 60cmX 40cm
  3. The gross weight of the cartons are 16 kilo per carton.
Now let us find out if we should try to make the cartons smaller to save air freight by doing thefollowing calculation,Multiply 5 by 60 by 40 = 120000 cubic cm.120000 cubic cm divided by 6000= 20 kilo Now you know, by volume the one carton is of 2 kilo, but by actual weight the carton is of only 16kilo. You also know the airline will charge whichever is higher, in this case, they will charge you for 20 kilo, by volume. If the air freight rate is 2.80 per kilo this carton will cost you $56.00. Now, in order to save some money, let us try to make the carton smaller, usually by cutting theheight of the carton. Lets say we have succeeded in cutting down the height by 5 cm, and see how much money we can save.
Note :
Original size of the carton: 50 X 60 X 35 cm (=20 kilo)
Now cut down to 50 X60 X 35 cm= 105000 cubic cm.105000 / 6000 = 17.5 kilo
Now by using the new carton, we have saved 2.5 kilo and this carton will cost only $ 49.00 (17.5Kilo X 2.80)


☼ Different Country and port

Country
Port & price
Buyer
Sweden
Hamburg
New Wave Mode Lab
Sweden
Gothenburg
Cellbes Post Order AB
Spain
Barcelona (1500)
Geologistics Barcelona S.A.
Italy
Genova
Samar Spa
Sweden
Barcelona
Rueca Europea S. L.
France
Leharve (1200)
U.K.
Liverpool (1400)
Germany
Quaken Bruech (1645)
Centerline mode Vertriebs GMBH
Netherlands
Rotterdam



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