Monday 31 December 2012

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)
11.FOB: Free on Board (…Named Port of Shipment)
12. CFR: Cost and Freight (…Named Port of Destination)
13. CIF: Cost, Insurance and Freight (…Named port of Destination)
14.CPT: Carriage Paid To (…Named Place of Destination)
15. CIP: Carriage and instruction paid to (…Named Place of Destination)

16.  DAF: Delivered at frontier (..Named Place)
17.  DES: Delivered Ex Ship (…Named Port of Destination)
18. DEQ: Delivered Ex QUAY (…Named Port of Destination)
19.  DDU: Delivered Duty Unpaid (…Named Place of Destination)
20.  DDO: Delivered Duty Paid (…Named Place of Destination)


 hopefully it will be helpfull for all viewers 

Thanks
Niaz

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