Dear Sir,

Please find below

Terms used in Export Business:

1. CBM cubic meter

2. Capacities of container load -

20' Standard Container 26 28 Cbm
( approx)

40' Standard Container 55 58 cbm

40' High Cube Container 60 68 cbm

45' High Cube Container 78 cbm


3. FOB Free / Freight on Board. This
determines when the buyer takes ownership in the
product being purchased.


FOB Origin: FOB origin means that the buyer takes
ownership of the shipment....

FOB Destination: Place, where the
buyer has requested to ship the goods.

4. FCL Full container load. Transfer of
goods through steel containers.

5. LCL Less container load. For
smaller ocean freight shipments

6. CNF / CFR The term CNF or CFR (Cost and
Freight shipping terms) mean seller pay for the freight
and cost to the designated port.

7. CIF CIF stands for Cost, Insurance, and Freight
and literally means that the seller, sender, or
manufacturer of goods pays for the cost, insurance,

8. B/L bill-to party; endorsement; shipped on board
bill of lading (B/L) latest date for presentation; freight
prepaid; hatchment bill of lading (B/L) dock receipt

9. Types of Containers:

Flat rack container: Flat racks are normally
found in only 20 foot, 40 foot and 45 foot lengths.
20 foot: Pay load tons: 30.48 CBM:
27.9 40 Foot: pay load tons: 45
CBM: 54.8 m3
1. Dry storage container

2. Dry Storage Containers Custom Applications
available for Dry Storage Containers. Standard
size dry storage units are available including 10
foot, 20 foot, 40-foot, 45

3. ..Open top container:

An open top container is very similar to a
general purpose dry cargo shipping
container but without a fixed, hard top roof.
4. Certain types of freight cannot be easily
loaded through side double doors and,
therefore, overhead loading or packing is
preferred.
20 FT: CBM 32
Pay load ton: 24
40 Ft: 36
Pay load tons: 66.7
5. Refrigerated ISO container:
20ft refrigerated containers are capable of
maintaining a designated temperature range to negative 20
degrees Fahrenheit .Normally high volumes of
cold storage products are stored to ship
out from this kind of containers
20- ft: 27 CBN: 28
40 FT: 30.48 CBM: 60.2
6. Insulated of Thermal container
Insulated shipping containers are a type
of packaging used to ship temperature
sensitive products such
as foods, pharmaceuticals, and chemicals.
They are used as part of a cold chain to help
maintain product freshness and efficacy. The
term can also refer to insulated intermodal
containers or insulated swap bodies.
Insulated shipping containers are part of a
comprehensive cold chain which controls and
documents the temperature of a product through its
entire distribution cycle. The containers may be used
with a refrigerant or coolant such as
Block or cube ice, slurry ice, etc.
dry ice
Gel or ice packs (often formulated for specific
temperature ranges)
Some products (such as frozen meat) have
sufficient thermal mass to contribute to the
temperature control
etc.
A digital Temperature data logger or a time
temperature indicator is often enclosed to monitor
the temperature inside the container for its entire
shipment.

10. Packing List


A packing list is a document that includes
details about the contents of a package.

The packing list is intended to let transport
agencies, government authorities, and
customers know the contents of the package.

These details help each of these parties
handle the package accordingly.
Contents of a packing list
A packing list is expresses the contents of a
package, along with details about the
quantity, description, and weight of these
contents. Content pricing is not included.

A packing list is created by the seller and sent
to where the goods are located in order to
have an accurate tally of the sent goods.
Once the goods have been tallied and
packed, the list is sent along with them to
their destination.


11. Invoice

A document sent to a buyer that
specifies the amount and cost of
products or services that have been
provided by a seller.

An invoice indicates what must be paid
by the buyer according to the payment terms
of the seller. Payment terms usually specify
the period of time that a buyer has to send
payment to the seller for the goods and/or
services that they have purchased.
An invoice shows the payment that a buyer
owes to a seller. From a sellers point of view,
an invoice for the sale of goods and/or
services is referred to as a sales invoice.

From a buyers point of view, an invoice for
the cost of goods and/or services rendered is
referred to as a purchase invoice.


Part 2
1. ETD Estimate Destination
2. ETA Estimate Arrival
3. Surrender BL. A surrender bill of lading is a
document issued by exporters that
allows importers to legally own the items the
exporter shipped. When importers pay for a
shipment, the exporters surrender their ownership
rights to the items so they cannot claim title or power
over them; this tends to be a cleaner method of
transferring ownership than some other bill of lading
documents provide. These documents are typically
paired with a documentary collection, although even
if this is not used, the entity charged with holding the
bill of lading should not surrender it until the importer
pays. The surrender bill of lading can present a
problem for exporters, because importers who have
it can go into a port and take the shipped items,
even if they haven't yet paid for them, and the port
may charge extra for this type of bill of lading.
With some bill of lading documents, exporters still
hold some ownership over the items, the price can
be negotiated or a lien can be placed on importers
based on previous exchanges. When a surrender bill
of lading is used, exporters cannot claim any rights
or power over the items after importers pay. As long
as importers do not pay, then the bill of lading
should remain in the exporters hands so the
exporters continue to legally own the items.

4. Telex Release -
5. Freight Collect -
6. Freight Prepaid -
7. Shipper Consignor ,Who is shipping the
goods?
Consignee To whome the goods are being
shipped.
8. Consignee Buyer.
9. Notify Party -
10. Master BL vs House BL -
11. Bill Of Lading -
12. Original BL -
12. Non Negotiable BL -
12. Purchase Order A written sales contract
between buyer and seller detailing the exact
merchandise or services to be rendered from a
single vendor. It will specify payment terms,
delivery dates, item identification, quantities,
shipping terms and all other obligations and
conditions.
Purchase orders are generally preprinted, numbered
documents generated by the retailer's financial
management system which shows that purchase
details have been recorded and payment will be
made.
13. Performa Invoice An abridged or estimated
invoice sent by a seller to a buyer in advance of
a shipment or delivery of goods. It notes the kind
and quantity of goods, their value, and other
important information such
as weight and transportation charges. Pro forma invoices are
commonly used as preliminary invoices with a quotation, or
for customs purposes in importation. They differ from a normal
invoice in not being a demand or request for payment.

14. POL: POINTT OF LOADING.
15. POD: POINT OF DELIVERY.

Part 3.
1. DO : 1. In freight-prepaid shipments, written directions
from a consignor (or shipper) of a shipment to
carrier or freight forwarder to release the shipment to the
named delivery party.
2. In freight-collect (free on board) shipments, order by a
carrier to the port authorities to release a shipment to the
named delivery party on payment of the
specified freight charges. Not to be confused with delivery
instructions document which pertains to inland transportation.



2. Booking Confirmation :
Customer's concluded arrangement with
a goods or services supplier (carrier, hotel,
restaurant, publisher, etc.) representing a completed sale.
Also called reservation or transaction.

3. COO: Country of origin (COO) is an international
term that indicates where a product is
manufactured, produced, processed or grown. Think
of it as where a product is born. On import/export
shipments, a Country of Origin Certificate is
important for the following reasons.
1. Determines rate of duty (e.g., a producer or manufacturer
usually completes a certificate of origin and makes sure the
importer has a copy at the time the declaration is made).
2. Determines whether goods can be legally imported/exported
(a certificate of origin may be required by the government
of an importing country).

4. . . . Switch B/L : B/L substituted by a carrier for
an original B/L in accordance with the terms of a letter of credit
(L/C). In a back-to-back L/C, for example, the original B/L
(which shows the actual supplier as the shipper) is switched
with another B/L that shows the middleman as the shipper and
protects the identity of the actual suppler.