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Shipping Glossary

Support

Shipping Glossary

Total 1738

OIC

OPTIONAL CHARGE

OIF

ORIGININ INLAND FUEL SURCHARGE

OIH

INLAND HAULAGE CHARGE AT ORIGIN

OIM

INLAND HAULAGE CHARGE FOR MLB AT ORIGIN

OLO

LIFT ON/OFF CHARGE AT ORIGIN

On-Board

Cargo that has been loaded on board a combined transport mode of conveyance. Used to satisfy the requirements of a letter of credit, in the absence of an express requirement to the country

On-Board B/L

Validated at the time of loading to transport. Common types: on-board air, boxcar, container, rail, truck, vessel

OOP

OUT PORT SURCHARGE AT ORIGIN

OPC

OUT-PORT CHARGE

Open Account

A trade arrangement in which goods are shipped to a foreign buyer without guarantee of payment


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