VLFO – Vessel Load Free Out

What is VLFO – Vessel Load Free Out?

VLFO – Vessel Load Free Out meaning The loading and discharge terms for the cargo to be shipped, as agreed to in the chartger party. The vessel (carrier) pays for the loading of the cargo on board the ship and the receiver pays for the discharge of the cargo from the ship to the pier.

 

source: U.S. Department of Transportation: Glossary of Shipping Terms

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