TW Often called a port captain.

GRI (General Rate Increase): Also known as GRR (General Rate Restoration), a GRI is an increase in maritime freight rates applied by shipping lines when prices are low. &C stands at invoice cost and charges. HS (Harmonized System): HS codes are six-digit codes that classify goods according to their nature to determine the amount of taxes and duties that need to be paid. How to abbreviate Shipping And Handling?

POL (Port of Loading): The port of origin from which the container is first loaded onto the vessel. I.C. ETA (Estimated Time of Arrival): The day an international shipment is estimated to arrive at the port of destination. Familiarize yourself with them right from the beginning so you get accustomed to seeing and hearing about them throughout your shipping process. In case of shipping terms, BN stands at booking note. He has great passion in writing different articles on textile and Garments specially on Merchandising and Garment Washing. A/R stands at all risks (also A.R.)

If you would like more information on shipping terms and procedures, we encourage you to visit our help center. CIF includes cost, insurance and freight. And if you’ve felt lost or confused at any moment, fret not, you’re not alone.

Be it with providers, freight forwarders, or agents, you must have come across these terms and concepts a million times. What is C&F? HTS (Harmonized Tariff System): Seven- to ten-digit codes that classify products into more specific categories than HS codes. FPD means freight payable at destination. List of most popular Shipping terms updated in September 2020

Required fields are marked *. AP stands at additional premium or average payable. SOLAS (Safety of Life at Sea): An international maritime treaty that sets basic measures for the safe …

Shipping terms and abbreviation for international trade business. In this infographic, you’ll find 20 of the most common acronyms that all shippers need to know in order to take on the massive industry that is ocean freight.

Usually, but not always, it consists of a letter or …

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Discover how to import or export from/to LATAM and avoid delays on your cargo. Maritime Convention on Communication by Satellite, Intern. If you don't see the email within a few minutes, check the spam/junk folder. SHIPPING ABBREVIATIONS ... International Shipping Federation International Safety Guide for Oil Tankers and Terminals International Safety Management Code (ISM Code) International Standard Serial Number Integrated Tug Barge International Tonnage Convention Inshore Traffic Zone. buyer’s warehouse) at destination.

You must provide value for the fields marked in red. C&F means cost and freight or clearing and forwarding. Abbreviations in shipping An abbreviation (from Latin brevis, meaning "short") is a shortened form of a word or phrase.

Merchandiser at Fashion Xpress Buying House. International ocean freight is filled with many such technical terms that easily confuse the occasional and not to mention new importers and exporters unfamiliar with the ins-and-outs of this complex industry. Mostly used 60 shipping terms have presented in the below: CM stands at cost of making or cutting and making.

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