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…