Which term is also known as "Liner Terms"?

Which term is also known as "Liner Terms"?

• A. Gross In, Gross Out
• B. Free In, Free Out
• C. Free In and Out
• D. COA

Answer: (A)

Liner terms bundle the charges for loading and discharge into the freight quote, so the carrier handles port handling and related costs as part of the voyage price. This is why the term corresponds to “Gross In, Gross Out”—both ends of the cargo handling are included in the gross freight, not billed separately to the shipper. In contrast, Free In, Free Out means the party shipping the cargo pays for both loading and unloading, a layout typical of non-liner or charter-party arrangements. Free In and Out is just another way of saying the same concept of separate loading/discharging charges being borne by the cargo owner. A COA, or contract of affreightment, is a different long-term freight agreement structure for moving a specified quantity, not specifically about who pays for loading/discharging.

Liner terms bundle the charges for loading and discharge into the freight quote, so the carrier handles port handling and related costs as part of the voyage price. This is why the term corresponds to “Gross In, Gross Out”—both ends of the cargo handling are included in the gross freight, not billed separately to the shipper.

In contrast, Free In, Free Out means the party shipping the cargo pays for both loading and unloading, a layout typical of non-liner or charter-party arrangements. Free In and Out is just another way of saying the same concept of separate loading/discharging charges being borne by the cargo owner. A COA, or contract of affreightment, is a different long-term freight agreement structure for moving a specified quantity, not specifically about who pays for loading/discharging.