If a cargo fix states 'Subject Open', what does this entail?

• A. The offer is fixed firm and subject is open for negotiations
• B. The subject is fixed and cannot be negotiated
• C. The subject is closed
• D. Negotiations are not allowed

Answer: (A)

Subject open means the cargo subject itself is not fixed and can be negotiated, while the other terms of the offer stay as stated and are binding. In practice, you can discuss or change the cargo details (what is being shipped, quantity, grade, loading/discharging ports, etc.), but the fixed terms such as price or non-subject terms remain firm. So the offer is firm on the non-subject terms, with the subject open to discussion.