Reduction | Decryption |
---|---|
FIOS (Free in/out) | Loading / unloading at the expense of the shipper |
FIFO (free in/free out) | Loading / unloading at the expense of the charterer |
FILO (free in/liner out) | Loading at the expense of the shipper, unloading - at the expense of the shipowner |
LIFO (liner in/free out) | Loading at the expense of the shipowner, unloading at the expense of the shipper |
LILO (liner in/liner out) | Loading and unloading at the expense of the shipowner |