Glossary

Common terms explained

Term Description
BREAK BULK Cargo that is not containerized including out of gauge cargoes
CFR Cost and Freight – Title, risk and insurance cost pass to buyer when delivered on board the ship by seller who pays the transportation cost to the destination port. Used for sea or inland waterway transportation.
CIF Cost, Insurance and Freight – Title and risk pass to buyer when delivered on board the ship by seller who pays transportation and insurance cost to destination port. Used for sea or inland waterway transportation.
CONSOLIDATION Term used for multiple cargo pieces that are loaded as one shipment usually into a container.
CPC Customs processing charge. Charge made for customs export and import clearance.
DDP Delivered Duty Paid – Title and risk pass to buyer when seller delivers goods to named destination point cleared for import. Used for any mode of transportation.
DDU Delivered Duty Unpaid – Title, risk and responsibility of import clearance pass to buyer when seller delivers goods to named destination point. Used for any mode of transportation. Buyer is obligated for import clearance.
DEQ Delivered Ex Quay (Duty Paid) – Title and risk pass to buyer when delivered on board the ship at the destination point by the seller who delivers goods on dock at destination point cleared for import. Used for sea or inland waterway transportation.
DES Delivered Ex Ship – Title, risk, responsibility for vessel discharge and import clearance pass to buyer when seller delivers goods on board the ship to destination port. Used for sea or inland waterway transportation.
EXW Ex Works – Title and risk pass to buyer including payment of all transportation and insurance cost from the seller’s door. Used for any mode of transportation.
FAS Free Alongside Ship – Title and risk pass to buyer including payment of all transportation and insurance cost once delivered alongside ship by the seller. Used for sea or inland waterway transportation. The export clearance obligation rests with the seller.
FCA Free Carrier – Title and risk pass to buyer including transportation and insurance cost when the seller delivers goods cleared for export to the carrier. Seller is obligated to load the goods on the Buyer’s collecting vehicle; it is the Buyer’s obligation to receive the Seller’s arriving vehicle unloaded.
FCL Full container load.
FOB Free On Board and risk pass to buyer including payment of all transportation and insurance cost once delivered on board the ship by the seller. Used for sea or inland waterway transport.
LCL Less than container load or part shipment.
REEFER Identifies containers and vessels that can chill cargoes to set temperatures.
SSN Standard Shipping note used for delivery and identification purposes.
  • Unrivalled Service to the Eastern Caribbean

    From 2 European locations direct to 10 destinations in the Eastern Caribbean every week

  • Get a Quote