This fee remains in effect for the duration of a typical Peak Season, currently from June 1 – October 31. Currency Adjustment Factor Tips: Refer to the BAF. Demurrage penalties are imposed for excess use of container from its unloading at the terminal until the return of empty containers at the port (for imports) or from the date of receipt of the empty container to be loaded before the loading of a container loaded on a ship (for exports). Additional terms and fees to local agents of the line usually via port forwarding. PSS (Peak Season Surcharge) is added to cargo moving from ASIA. Whether or not the importer is responsible for paying origin charges depends on the incoterms that the … According to the reports, the shipping charges have increased from ~ $10 – $290 TEU on most routes from the Mediterranean to the US Gulf. – 5 days free of charge, day 6 – 9 Eur / day;MSC: 100 EUR THC + 40 EUR docs + m / h 1940 EUR + ISPS 15 EUR = 195 EUR;MAERSK: 120 EUR THC + 35 EUR ddf + 6 EUR ISPS + 1930 EUR m / h = 191 EUR;Hamburg Sud: 110 EUR THC + 30 EUR docs + 16 EUR ISPS = 156 EUR;OOCL: 74 EUR THC + 30 EUR docs + 11 EUR ISPS + m / h 30 EUR = 145 EUR. Demurrage penalties are imposed for excess use of container from its unloading at the terminal until the return of empty containers at the port (for imports) or from the date of receipt of the empty container to be loaded before the loading of a container loaded on a ship (for exports). Currency Adjustment Factor or CAF … Another factor which influences port congestion surcharge would be labour disputes. SCF is calculated on the CIF value. Common Freight Costs & Charges . Such charges are usually for agents' forwarding fees and … Currency Adjustment Factor (CAF) is an adjustment to shipping companies’ freight rates to take into account the effect over time of fluctuations in currency exchange rates. As fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in global bunker costs. FCL: per-container … Its price varies according to the shipping company and chosen route. CAF calculation example: BAS (Basis Ocean freight) = $2500 BAF: $359 CAF: %12 = ($2500 * %12)/100 = $300 Total ocean freight = $2500 + $359 + $300 = $3159 … 20ft containers exceeding the weight of 14,000 kg tare (container) are subject to a heavy weight surcharge (HWT). Definition of CFS Charge: The charge assessed for services performed at the origin or destination for loading or unloading of cargo into/from containers at a CFS Container Freight Period of container can be divided into Demurrage and Detention. CAF. New Zealand) Europe/Canada & Cross-border Trade Intra Europe Trade Surcharges for cargo originating … Period of container can be divided into Demurrage and Detention. A 1% charge is applied to the freight and all of the surcharges quoted in USD, for both FCL and LCL shipping. Because CFS charges is the cost of the LCL sea freight, caused both in port of lading and port of destination. Is calculated from the moment of unloading at the terminal until the time of export from the terminal. Check out our guide to all common freight charges, surcharges, and fees. By using this site, you agree to the use of cookies. GRI – planned increase of a base rate from a certain date. - Additional charges are usually collected a certain amount for a container, and can only apply to each stage, for each route of travel. Heavy Weight Charge is a surcharge for exceeding certain weight. The charge was developed to account for constantly changing exchange rates between the dollar and … This concerns FCL (Full Container Load) shipments. Port congestion surcharges are calculated as a percentage of the freight rate. Container Service Charge (CSC) Charged by terminals for the positioning of containers in a terminal or yard. Detention penalties imposed for excess usage container since its removal from the terminal until the return of empty containers at the port. Basic Service Rate Additional (BSRA) is the charge levied by shipping companies to importers for LCL cargo, including the port charges, transport to an unpacking depot (see CFS) subsequent sorting and storage of the goods and finally loading onto a vehicle collecting the goods for delivery to the buyer. Currency Adjustment Factor CAF is applied on freight rates to … What is the Currency Adjustment Factor (CAF)? Rates for additional operations – the rates for any port is not provided for in the usual way of handling container (repacking, weighing, sealing, labeling, etc.). Bunker Adjustment Factor Tips: Smaller charges like this can add confusion, so smaller customers usually receive or should ask for, an all-inclusive port to port charge. All in rate – meaning that the cost of transportation includes all the additional fees provided for under the conditions of carriage. Us too. Again, its purpose is to stabilize main leg costs in the short term. IMO surcharge is applied when transporting goods classified by the UN as hazardous (in accordance with the IMDG code (International Marine Dangerous Goods code)) , the shipping company imposes a surcharge on the sea freight. Shipping lines therefore have the right to impose a surcharge on the freight to recover revenue lost. Port Congestion Surcharge applied by shipping lines to cover losses caused by congestion and idle time for vessels serving that port. Winter Surcharge is imposed for all containers to cover extra costs related to serving the port due to harsh weather, convoy restrictions, ice conditions etc. An empty 20ft container weighs approximately 2,300 kg. Containerships: 130 EUR THC + 25 EUR docs + 1950 EUR m / h = 205 EUR;HAPAG: 75 eur THC + 6 EUR ISPS + 35 EUR docs + 1925 EUR m / h = 141 EUR;Export of container – 10 day free trial, the first 5 days – 15 Eur / day, 6 days 30 EUR / day;Keeping contact. Hello Naseem – CIF only covers cost, insurance & freight. On the one hand, maritime freight costs are very … It is calculated based on the average of the exchange rate over the prior three months. The contract party may pay the carriage related charges such as Ocean Freight, BAF, CAF, ISPS and any other applicable surcharges such as Hazardous Surcharge, Out of Gauge … The currency adjustment factor (CAF) is a fee placed on top of freighting charges for carrier companies. CAF is one of the charges added up on the basic ocean freight by sea shipping carriers on the basis of continues fluctuation of exchange rates. Off-sea, the carriers have raised their revenues to cover their … A fuel surcharge (FSC) is a fee assessed by a carrier to account for regional / seasonal … Currency Adjustment Factor (CAF) is an adjustment to shipping companies’ freight rates to take into account the effect over time of fluctuations in currency exchange rates. Home > Resources > What is the Currency Adjustment Factor (CAF)? CAF is one of the charges added up on the basic ocean freight by sea shipping carriers on the basis of continues fluctuation of exchange rates. CAF stands for Currency Adjustment Factor which is a charge to be added up on the basic sea freight by sea shipping lines on the basis of continues fluctuation of exchange rates. Customs Administrative Fee (CAF) The Customs Administrative Fee (CAF) is a fee imposed on or in … International Moving Companies | Certified Allied Movers, Luxury Watches for Men and Women at Discount Prices, Information for exporters of U.S. goods and services. Container Freight Station. FCL: per-container LCL: per-w/m Import/Export All countries HQA: HIGH CUBE ADDITIONAL: It is a charge that may be applied when you use a High Cube container. Please refer to shipping line agents or freight forwarders for their values. THC, Terminal handling charge, levied by CY and CFS operators for goods passing through their operations. CIC is a acronym for Container Imbalance Charge.Sometimes also known as Container Imbalance Surcharge.As the name suggests, this charge is caused by the imbalance of trade volume or seasonal … For example, in the case of freight under LILO, this means that in the U.S., except for freight, loading and unloading, also includes all related costs, such as BAF, CAF, etc. Due to this added charge, shippers are now looking to enter into "all inclusive" contracts at one price, that accounts for all applicable charges, to limit the effect of the CAF. Currency Adjustment Factor CAF is applied on freight rates to … Currency Adjustment Factor Description: Like the Bunker Adjustment Factor Surcharge (BAF), this is surcharge is based on TEU, except Currency Adjustment Factor (CAF) accounts for currency fluctuations. Origin charges will apply for every shipment, but who pays for them depends on the incoterm. 40ft containers are not subject to a heavy weight surcharge. The Currency Adjustment Factor or “CAF”, as it is commonly called in the shipping industry, is an assessorial percentage charge that many companies find on their freight bills. Who Charges the Currency Adjustment Factor Surcharge: Carrier. The maritime freight charge is the main cost of your ocean freight shipment. BAF is charged either as a separate charge or included in the freight charge … The CAF is a percentage that is applied to fees, in addition to the base exchange rate. Trucking companies charge a fuel surcharge fee in order to protect themselves from the volatility of fuel prices. Then Demurrage penalties imposed for excess use of container from its unloading at the ter… CFS. This relates to the additional handling required for planning the goods at the terminal and onboard the ship. Charged at the rate the port, in fact. 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