Shipping Terms
 
FILO Free In/Liner Out. Seafreight with which the shipper pays load costs and the carrier pays for discharge costs.
FIO Free In/Out. Freight booked FIO includes the seafreight, but no loading/discharging costs, i.e. the charterer pays for cost of loading/discharging cargo.
FIOS Free In/Out Stowed. As per FIO, but excludes stowage costs.
FIOST Free In/Out and Trimmed. Charterer pays for cost of loading/discharging cargo, including stowage and trimming.
FIOT Free In/Out and Trimmed. As per FIOS but includes trimming, e.g. the levelling of bulk cargoes. FIOS includes seafreight, but excludes loading/discharging and stowage costs.
FLT Full Liner Terms Includes Seafreight and the carrier pays for loading and discharge costs.
LIFO LINER IN FREE OUT. Carrier pays for cost of loading cargo, including stowage. Includes seafreight. Shipper pays for cost of discharging cargo.
 
 
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