Equivalent Unit

Forty-foot Equivalent Unit in International Trade

Meaning of FEU (Forty-foot Equivalent Unit), according to the Dictionary of International Trade (Global Negotiator): A practice in marine commerce expressing cargo quantity in terms of forty-foot container loads. One FEU equals two TEUs (Twenty-foot equivalent units).

Twenty-foot Equivalent Unit in International Trade

Meaning of TEU (Twenty-foot Equivalent Unit), according to the Dictionary of International Trade (Global Negotiator): It is a means of measuring the carrying capacity of container ships; e.g., a ship can be said to be capable of 3000 TEUs, which roughly equivalent to saying it could carry 3000 standard containers. See container.