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Liner Terms

    The next main abbreviations are adopted in the commercial practice for line transportations between ports: FIOS — Free in/out (loading/discharging is at consigner’s cost); FIFO — Free in/Free out (vide FIOS); FILO — Free in/Liner out (loading is at consigner’s cost, discharging is at liner cost); LIFO — Liner in/Free out (loading is...

November 25, 2015November 25, 2015by