CY (Container Yard) Container Terminal - 1. Place of storage containers before / after their further shipment. 2. Conditions of carriage for departure / arrival time - the cost of transportation includes services for sending from / to CY (freight, loading / unloading from the vessel, placing on the CY, does NOT include underwriting services / shipments to / from CY);
Free In (FI) - in the international ocean freight terminology the word “Free” means “Not included”. I.e. if FI, then the shipper is responsible for the coast of loading goods onto a vessel for the international shipping overseas.
Free Out (FO) is the international shipping term in ocean freight that indicates that the consignee (recipient) is responsible for the cost of unloading cargo from the vessel at the destination.