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Glossary

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Glossaries

Term Definition
C.O.
Certificate of Origin - a signed statement from a semiofficial organization certifying the origin of an export item, required by certain nations.
CAF
Currency Adjustment Factor. A fee applied to the shipping costs to compensate for exchange rate fluctuations.
CBFT (or CFT)
Cubic Feet
CBM
Cubic Metres
CFR (or C&F)
Cost and Freight
CHART
A map used by navigators
CHOPT
Charterers Option
CHTRS
Charterers
CIF
Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.
CIP
Carriage and Insurance paid to...
CKD
Completely knocked down
CNEE
CONSIGNEE. Name of agent, company or person receiving consignment
COA
Contract of Affreightment - Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.
COACP
Contract of Affreightment Charter Party
COB
Closing of Business

Clients and Services

IFA offers services that cover efficiently any need for transport by sea or by land, from machinery to complete 'hi-tech, from food to chemicals.

IFA

IFA has been operating since 1982 in the field of international shipping has always been pursuing a business strategy that focuses on the development of the service the client's business.

IFA International Forwarding Agent SRL | Via Cristoforo Colombo 6, 20066 Melzo (Milan) | Phone +39.02.95736765 - Fax +39.02.95737443 | p.iva IT04804330159