| ABBREVIATION |
MEANING |
| FAC |
Fast as can |
| FAS |
Free Alongside Ship. Seller delivers goods to appropriate dock or terminal at port of embarkation and buyer covers costs and risks of loading |
| FCA |
Free to Carrier. A modern equivalent of FAS used in intermodal transport where goods are transferred at a nominated forwarders premises, depot or terminal but not actually on board vessel. |
| FD (FDIS) |
Free Discharge |
| FDD |
Freight Demurrage Deadfreight |
| FDESP |
Free Despatch |
| FDEDANRSAOCLONL |
Freight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost |
| FENDER |
A cushion, placed between ships, or between a ship and a pier, to prevent damage |
| FEU |
Standard 40’ Container |
| FHEX |
Fridays/Holidays Excluded |
| FHINC |
Fridays/Holidays Included |
| 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. |
| FIT |
Free In Trimmed |
| FIW |
Free In Wagon |
| FIXING |
Chartering a Vessel |
| FIXTURE |
Conclusion of shipbrokers negotiations to charter a ship - an agreement |
| FLATPACKING |
Cargo to be presented stacked and secured as an integral unit. |
| FLT |
Full Liner Terms |
| FMC |
Federal Maritime Commission |
| FME |
Force Majeure Excepted |
| FMS |
Fathoms |
| FO1 |
For Orders |
| FO2 (IFO) |
Fuel Oil/Intermediate FO |
| FO3 |
Free Out |
| FOB |
Free on Board. Seller sees the goods "over the ship’s rail" on to the ship which is arranged and paid for by the buyer |
| FOFFER |
Firm Offer |
| FOG |
For Our Guidance |
| FOQ |
Free On Quay |
| FOR |
Free On Rail |
| FORCE MAJEURE |
Clause limiting responsibilities of the charterers, shippers and receivers of cargo. |
| FORE-AND-AFT |
In a line parallel to the keel |
| FORWARD |
Toward the bow of the ship |
| FOT |
Free On Truck |
| FOW1 |
First Open Water |
| FOW2 |
Free On Wharf |
| FP |
Free Pratique. Clearance by the Health Authorities |
| FR |
First Refusal. First attempt at best offer that can be matched |
| FREEBOARD |
The minimum vertical distance from the surface of the water to the gunwale |
| FRT |
Freight. Money payable on delivery of cargo in a mercantile condition |
| FREE DESPATCH |
If loading/discharging achieved sooner than agreed, there will be no freight money returned. |
| FREE EXINS |
Free of any Extra Insurance (Owners) |
| FREE OUT |
Free of discharge costs to owners. Includes seafreight only. |
| FRUSTRATION |
Charterers when cancelling agreement sometimes quote 'doctrine of frustration' i.e. vessel is lost, extensive delays. |
| FWAD |
Fresh Water Arrival Draft |
| FWDD |
Fresh Water Departure Draft |
| FYG |
For Your Guidance |
| FYI |
For Your Information |
