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After China, India is the most populous nation in the world, and probable to become number 1 in term...

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In today’s global world, it is significant to take a note of the holidays around the world which may...

Amazon as an NVOCC

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One and all in the international shipping industry is speaking about the latest news that Amazon has...

 
 

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Surcharges abbreviation

Frequently used terms and abbreviations:

FiFo free in free out – rate includes all fees and surcharges related to maritime transportation (ocean freight + surcharges);
LiFo liner in free out - rate includes terminal handling charge at the port of loading, plus fees and allowances related to ocean freight;
FiLo free in liner out – rate includes fees and surcharges associated with ocean freight, plus terminal handling charge at the port of destination;
LiLo liner in liner out - rate includes port charges at the port of shipment, plus fees and surcharges associated with sea freight, plus port charges at the port of destination;
ODF -origin documentation fee;
OHC -origin handling charge;
MHH -merchant haulage hand-over;
BAS -base freight;
BAF -bunker adjustment factor;
CAF -currency adjustment factor;
SER -carrier security charge;
ERS -emergency risk surcharge;
CON -congestion surcharge;
STT -Suez transhipment fee;
PSS -peak season surcharge;
DDF -destination documentation fee;
DHC -destination handling charge;
GRI -general rate increase;
FCL -full container load;
LCL -less then container load;