Navigating international shipping jargon can feel overwhelming. From B/L to FOB, abbreviations and acronyms dominate logistics conversations. To simplify your supply chain process, we’ve decoded the top shipping terms for seamless global trade.
1. What is B/L (Bill of Lading)?
The Bill of Lading (B/L or BOL) is a legally binding document detailing shipment specifics (e.g., goods type, quantity, destination). It acts as a receipt, contract, and title of ownership.
2. C&F vs. CFR vs. CIF: Cost, Freight & Insurance Explained
C&F/CFR (Cost and Freight): Covers product cost + shipping fees to the destination port.
CIF (Cost, Insurance, Freight): Includes CFR + marine insurance for goods in transit.
3. ETA vs. ETD in Shipping
ETA (Estimated Time of Arrival): When goods are expected at the destination port.
ETD (Estimated Time of Departure): When the shipment leaves the origin port.
Pro Tip: Track ETA/ETD to manage inventory and customs delays.
4. What Does Consignee (Cnee) Mean?
The consignee (Cnee) is the recipient of the shipped goods. The shipper is the sender (exporter/manufacturer).
5. C of O (Certificate of Origin)
A Certificate of Origin verifies the goods’ manufacturing country. Issued by chambers of commerce or government bodies, it’s critical for tariffs and customs.
6. EORI Number: Customs Compliance Essential
An Economic Operator Registration and Identification (EORI) number tracks imports/exports in the EU/UK. Required for all businesses shipping goods internationally.
7. FOB (Free on Board): Seller vs. Buyer Responsibility
Under FOB (Free on Board), the seller handles costs/liability until goods board the vessel. Post-loading, risk transfers to the buyer.
8. FCL vs. LCL Shipping
FCL (Full Container Load): Dedicated container for one shipment.
LCL (Less than Container Load): Shared container for smaller cargo.
9. POD vs. POL: Port Terminology
POD (Port of Discharge): Where goods are unloaded.
POL (Port of Loading): Where goods are loaded onto the vessel.
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