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LINER TERMS (LT):
It means that freight rate includes not only the sea freight but also loading
and unloading (discharging) cost for a particular consignment.
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FREE IN, OUT & TRIMMER (FIOT):
It means that charters, shipper or consignee pays for cost of loading and
discharging cargo including trimming.
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FREE IN, OUT & STOWED (F.I.O.S):
It means that charters
shippers pay for cost of loading and discharging cargo including stowing.
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FREE IN, OUT, STOWED AND TRIMMED
(FIOST):
It means that charters, shippers or consignees pay for cost of loading and
discharging including stowing and trimming.
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FREE IN AND OUT (FI/FO):
It is indicting that charters, shippers or consignees responsible for bearing
cost of loading and discharging cargo.
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LINER IN FREE OUT (LIFO) .OR .
(FI/CY):
It means that ship owner bears cost of loading but consignees or charters pay
for discharging cost.
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