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Charter-Party Reference

Chartering Terms

Search and browse a complete chartering glossary curated from operational market usage for owners, charterers, and shipbrokers.

Showing 24 of 339 terms

Term

ETD

Estimated Time of Departure

Term

ETS

Estimated Time of Sailing

Term

EXW

Ex Works

Term

F.O.R

Free On Rail

Term

FAC

Fast as can

Term

FAS

Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading

Term

FCA

Free to Carrier. A modern equivalent of FAS used in intermodal transport where goods are transferred at a nominated forwarders premises, depot or terminal but not actually on board vessel.

Term

FD (FDIS)

Free Discharge

Term

FDD

Freight Demurrage Deadfreight

Term

FDEDANRSAOCLONL

Freight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost

Term

FDESP

Free Despatch

Term

FENDER

cushion, placed between ships, or between a ship and a pier, to prevent damage

Term

FEU

Standard 40 Container

Term

FHEX

Fridays/Holidays Excluded

Term

FHINC

Fridays/Holidays Included

Term

FILO

Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.

Term

FIO

Free In/Out. Freight booked FIO includes the seafreight, but no loading/discharging costs, i.e. the charterer pays for cost of loading/discharging cargo.

Term

FIOS

Free In/Out Stowed. As per FIO, but excludes stowage costs.

Term

FIOT

Free In/Out and Trimmed. As per FIOS but includes trimming, e.g. the levelling of bulk cargoes. FIOS includes seafreight, but excludes loading/discharging and stowage costs.

Term

FIT Free

Free In Trimmed

Term

FIW Free

Free In Wagon

Term

FIXING

Chartering a Vessel

Term

FIXTURE

Conclusion of shipbrokers negotiations to charter a ship - an agreement

Term

FLATPACKING

Cargo to be presented stacked and secured as an integral unit.