Transport Terms
It is not always easy to keep track of all transport terms. Therefore, we have compiled a list of the most common ones:
| FCL | Full Container Load |
| LCL | Less than Container Load |
| TEU | Twenty Foot Equivalent Unit. |
| BAF | Bunker Adjustment Factor Oil surcharge that covers the increasing fuel prices. BAF is based on the shipping lines’ fuel prices |
| CAF | Currency Adjustment Factor Currency fee to cover the devaluation of the currency representing the main part of the freight. The fee is determined by the shipping lines and is a percentage of the main freight |
| PSS | Peak Season Surcharge Surcharge paid per container from August to November for container fra Asia to Europe. |
| Heavy Surcharge | Surcharge put on especially heavy 20’ container from the Far East. The surcharge varies from habour to habour |
| Low Sulphur Surcharge | Sulphur surcharge on all vessels crossing The Baltic Sea, Kattegat, Skagerrak, The North Sea and The English Channel |
| ISPS | International Ship and Port Sercurity |
| EXW | Ex Works (see more under Incoterms) |
| FCA | Free Carrier (see more under Incoterms) |
| FAS | Free Alongside Ship (see more under Incoterms) |
| FOB | Free On Board (see more under Incoterms) |
| CFR | Cost and Freight (see more under Incoterms) |
| CIF | Cost, Insurance and Freight (see more under Incoterms) |
| CPT | Carraige Paid To (see more under Incoterms) |
| CIP | Carriage and Insurance Paid to (see more under Incoterms) |
| DAT | Delivered at Terminal (see more under Incoterms) |
| DAP | Delivered At Place (see more under Incoterms) |
| DDP | Delivered Duty Paid (see more under Incoterms) |