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What does f.o.b. mean?

April 17, 2017 | Author: | Posted in Language

F.o.b. is the abbreviation of the commercial phrase free on board. When used without a modifier, f.o.b. means that goods are to be delivered, at the seller’s expense, on the train, vessel, airplane, truck or other conveyance by which they are to be transported to the purchaser, who must pay the freight charges. The abbreviation …

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What is the meaning of “maru” in Japanese ship names?

April 12, 2017 | Author: | Posted in Shipping

Maru, pronounced mah-roo, is used in the names of Japanese merchant vessels to distinguish them from warships and other craft. For instance, Japanese name their ships “Yakiko Maru,” “Canberra Maru,” etc. Pop­ularly the word is regarded by Japanese as meaning simply “ship” or “steamship.” Just how it acquired this significance is not known for certain. …

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