Do you know all these shipping surcharges?

2023-03-17 481

Due to various reasons such as ships, goods, ports, etc., ships increase costs or suffer economic losses when transporting goods.In order to compensate for these costs or losses, the ship has stipulated additional costs in addition to the basic rate.It is called surcharge or surcharge.There are many kinds of surcharges, and as the situation changes, new surcharges may be cancelled or established.This article is a summary of the commonly used freight surcharge, hoping to help you better understand the freight surcharge:

Gray

GRI = general growth rate.Generally used on South American routes and American routes.Due to port, ship, fuel, cargo and other reasons, the shipping costs of shipping companies have increased significantly.In order to compensate for these increased costs, shipowners have increased the surcharge for the increase in the comprehensive rate.

PSS

PSS=Peak Season Surcharge, which is usually charged by many shipping companies under the pretext of busy freight transportation in the peak season, which is somewhat similar to the price increase during the Spring Festival in China.April to November is the peak season of freight transportation in the world every year.

Electronic business system

EBS=Emergency Bunker Surcharge, i.e. emergency fuel surcharge.EBS is a surcharge in ocean freight, which is generally settled in US dollars like ocean freight.In the case of FOB, the cost should be borne by the recipient, not by the sender, as the EBS is not part of the FOB local cost.This fee can be paid in advance or in advance.

EBS is generally a temporary surcharge to make up for the rapidly rising cost when the international crude oil price rises rapidly and shipping companies feel that they exceed their own capacity..

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Tetrahydrocannabinol

THC=Terminal Handling Charge is divided into OTHC-Origin Terminal Handling Charge and DTHC-Destination Terminal Handling Charge.

Orc

ORC=Original collection fee.This cost is complicated, which is different from and related to THC.ORC is only available in South China, mainly in Guangdong ports, while THC is available in all ports (including Guangdong ports).Only one of ORC and THC is charged-if ORC is charged, THC is not charged.If you receive THC, you will not receive ORC.

Piece

PCS =Port Congestion Surcharge, when the port is congested or extremely busy, the waiting time and shipping schedule of ships will be prolonged, and port charges such as tugboat fees may also increase, resulting in a significant increase in transportation costs.In order to make up for this cost loss, shipping companies will charge shippers a port congestion surcharge.

China Investment Corporation

CIC=Container Imbalance Charge/Container Imbalance Surcharge.This fee is a surcharge levied by the shipping company to compensate for the cost of empty container Transfer-40ft ContainerShipping costs caused by imbalance of cargo flow and Container due to imbalance of trade volume or seasonal changes.

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DDC=Destination Delivery Charge, in the case of DDU, DDP, etc., this charge shall be borne by the seller/consignor, otherwise it shall be paid by the buyer/consignee.For example, CIF clause-all costs and risks after the goods cross the ship's rail at the port of shipment are borne by the buyer/consignee, so all costs including DDC at the port of destination are borne by the buyer/consignee.

Human leukocyte antigen

HLA=Heavy-Lift Additiona/Surcharge For Over Weight. Indicates that the weight of a single piece of goods exceeds a certain standard (the standard specified by different freight forwarders or shipowners may vary), special equipment (such as heavy cranes) or special operations (such as bedding, reinforcement materials and manual binding) or reinforcement are required, loading and unloading operations are difficult, or ship stowage requires special treatment, and surcharges are charged to compensate for the increased operating costs.

Generally, more than 2 tons, 3 tons and 5 tons are overweight.Overweight surcharge is calculated by weight.The greater the weight, the higher the surcharge.

CAF

CAF=Currency Adjustment Factor/CAS-Currency Adjustment Surcharge. When the currency in which freight is charged depreciates sharply, shipping companies will suffer even greater losses due to the depreciation of the currency.In order to make up for the loss, the shipowner will pass on the loss to the shipper/owner by adding a currency depreciation surcharge.

And

LLA=Long Length Additional/Over Length Additional/Surcharge For Over Length. Indicates that the length of a single piece of goods exceeds a certain standard (the standard specified by different freight forwarders or shipowners may vary), requires special equipment or special operations, difficult loading and unloading operations, or requires special treatment during ship stowage.A surcharge to increase operating costs.Generally, the length is more than 9 meters.If it's Container-40 feet Container costGoods, generally more than 6 meters.The speed increases according to the length.

ECRS

ECRS=Emergence Cost Recovery Surcharge. It can also be called "severe weather operation surcharge"-this charge will be charged if severe weather conditions lead to significant increase in shipping and operating costs.

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China Construction Committee

CSC=Container service fee

Football Association

FAF=Fuel adjustment factor.Generally used for Japanese routes.This surcharge is somewhat similar to the temporary fuel surcharge above-it is essentially the same, but it is called differently.

Give it to us

ENS=Entry Summary Declaration. is the English abbreviation of "Entry Summary Customs Declaration", which refers to the European customs advance manifest rules.Since January 1, 2011, the EU has enforced the "manifest" and "declare in advance" rules for all goods going to (all goods imported into the EU) or passing through (all Transit, all Transit, all undischarged goods, etc.), which are applicable to all EU member States.

South China Sea Company

SCS=Suez Canal Surcharge. The route from Asia, Oceania, East Africa and other regions to Europe basically passes through Suez Canal.When the ship passes through Suez Canal, the shipping company-china shipping to canadaIt is necessary to pay a certain sailing fee to the canal authority.This fee is collected from customers by shipowners in the form of Suez Canal surcharge.

PTF

PTF=The Panama Canal Transit Fee, with the Suez Canal surcharge, generally passes through the Panama Canal from the Far East and the western United States (referred to as the western United States) to the eastern United States (referred to as the eastern United States).Fee, which is charged to customers by shipowners in the form of Panama Canal Surcharge.

Documents

DOC=Document. In the freight forwarding industry, DOC has two fees, one is DOC charged by shipping companies-Shipping companies from China to AmericaIt is a fixed fee and is denominated in RMB.The other is the DOC charged by the destination port, which is also one of the basic fees of the destination port.Destination port agents are denominated in US dollars, and each agent charges different fees.

Advanced management system

AMS=Automatic Manifest System. Used on U.S.-Canada routes, unique to the United States-all goods destined for the United States or transshipped to other countries or regions through the United States must be declared through AMS (24 hours before shipment).AMS is also known as 24-hour manifest system/US anti-terrorism manifest system.

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Tar

TAR=Temporary additional risk

American International Chamber of Commerce

ACI=Advance Commercial Information. According to Canadian Customs regulations, all goods destined for Canada or transhipped to other countries through Canada must be declared to Canadian Customs 24 hours before shipment, which is very similar to AMS in the United States.

Gray

GRI=General Rate Increase, generally used for South American routes and American routes.Due to port, ship, fuel oil, cargo and other reasons,Transportation cost of shipping companySignificant increase.In order to compensate for these increased costs, shipowners have increased the surcharge for the increase in the comprehensive rate.

CC

CC=Cleaning Charge. This kind of cost is generally common in bulk cargo transportation.

Others:

Fuel surcharge

Transhipment surcharge

Direct attachment

Port surcharge or port surcharge

Optional surcharge

Deviation surcharge

Substitution of destination cost

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