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FOB: abbreviation of Free on Board or Freight on Board, its Chinese meaning is "free on board (....) Named port of shipment) ".
In the process of international maritime transport, you often see some English abbreviations, these abbreviations are often encountered in the process of maritime transport, today to organize the common English abbreviations in international maritime transport, hope to help you!
Marine Knowledge --NOR(Cold dry)
Due to various reasons of the ship, cargo, port and other aspects, the ship increases expenses or suffers economic losses when transporting the goods, the ship to compensate for these expenses or losses, in addition to the basic rate, the provision of Additional charges, called surcharges or additional charges.
If the exporter fails to deliver the goods according to the contract or letter of credit, the first is the delay of the production plant, resulting in late delivery; The second is to replace the products stipulated in the contract with products of similar specifications; Third, the transaction price is low, shoddy. Shipowners and international freight forwarders and other logistics companies need to remind owners.
As a barometer of shipping market, freight rate index is widely used in modern shipping market, in order to meet the needs of the rapid development of China's container transportation market