Glossary

Don't know a BOL from a POL or the difference between FOB and CIF?  This is the page for you!

  • EXW, FOB, CIF, etc…What are Incoterms?

    Incoterms are an internationally recognised set of instructions that allocate responsibility between the sender and recipient wh…

  • CIF/CFR (Cost & Freight)

    CFR or CIF terms look like the easiest way to import but there can be huge drawbacks due to hidden costs. Here’s why…

  • Shipping Jargon

    Yawn, Yawn, Yawn….bored with acronyms and technical terms from the shipping industry. Here’s our jargon buster…

  • EXW Shipping Explained

    Ex Works means the buyer is responsible for the entire shipment. There are pros and cons to this. Here’s our Guide…

  • Shipping Jargon – Less Common Terms

    BAF Bunker Adjustment Factor.  Bunker is simply the name given to the Heavy oil used to fuel ocean vessels.  BAF is a surcharge assessed by

  • FOB Free on board

    FOB is the most common and easiest shipping term to use when importing products from Asia. Here’s our guide…

 

 


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