in

Where the agreed rate of freight appears on a voyage charter party form, what would “US $28.50 fio” mean?

The agreed freight rate is USD28.50 per ton (metric, long, short or other, as stated) of cargo loaded, on a “free in and out” (FIO) basis.ย 

What do you think?

138 Points
Upvote Downvote

Written by Ship Inspection

Leave a Reply

What does “free in and out” (fio or FIO) mean?

When is freight paid?