Key Terms & Phrases
BBunker Adjustment Factor (BAF)
Bill of Lading
Combined Transport Bill of Lading – This combines land trucking for a door pick-up to transfer cargo to a POL prior to loading on a ship for ocean transportation.
Congen Bill of Lading – A standard form of bill of lading used in shipments by chartered ship.
Clean Bill of Lading – Indicates that the cargo was received by the carrier in good order and condition, without any clauses declaring a defective condition in the goods and/or their packing.
Dirty or Foul Bill of Lading – A bill of lading with any clauses declaring a defective condition in the cargo itself, or in the packing of the cargo.
On Board Bill of Lading – A bill of lading evidencing that the cargo was not only received by the carrier but was actually loaded on board in good order and condition.
Shipped On Board Bill of Lading – A bill of lading evidencing that cargo was both on board a vessel and that the ship departed the POL.
Order Bill of Lading – A negotiable bill of lading when cargo is consigned to a particular party. This is often the shipper themselves, in which case the consignee is mostly shown listed on the bill of lading as “to order.”
Straight Bill of Lading – A non-negotiable Bill of Lading in which the cargo is consigned directly to a named consignee.
CCurrency Adjustment Factor - CAF
Certificate of Origin
DDangerous Goods (DG)
Demurrage and Detention
Destination and Terminal Handling Charges (DTHC)
FFree Carrier (named place)
Freight All Kinds (FAK)
Free Alongside Ship (FAS)
Full Container Load (FCL)
Free On Board (FOB)
Less Than Container Load (LCL)
Out of Gauge (OOG)
PPort of Loading (POL)
Port of Destination/Debarkation