What are local charges in shipping?

What are local charges in shipping?

To start with the fundamentals, here is a definition of destination charges: In the freight forwarding and shipping industry destination charges, or sometimes referred to as local charges or destination terminal charges, are fees that are levied by the destination port of your cargo.

What are IHC charges?

The term IHC – Inland Haulage Charges means, the transportation charges to and from inland Container Depot/ Freight Station to sea port of loading or vice versa.

What is terminal handling charges in India?

Terminal Handling Charges (THC) are the charges collected by Terminal authorities at each Port for handling equipment in relation to loading and discharging of containers.

What is haulage fee?

Haulage fees, sometimes also simply called “haulage”, include the charges made for hauling freight on carts, drays, lorries, or trucks, and is incorporated for example in the cost of loading raw ore at a mine site and transporting it to a processing plant.

What are CFS charges?

CFS charges refer to the fees that apply for each activity performed at a CFS, namely the import and export of goods through customs. Various parameters determine these charges. In some cases, CFS charges can be uniform for a specified category of goods being handled.

What are local fees?

Local fees means the fees covered by an advance payment con- tract provided pursuant to subparagraph (2)(b)2. Sample 1Sample 2. Local fees means the fees covered by an advance payment contract provided pursuant to sub- paragraph (2)(b)2.

What is bl fee in shipping?

Bill of Lading Charges is nothing but documentation charges of shipping carriers to shipper when releasing Bill of Lading. After completion of necessary legal export customs clearance, the cargo is handed over to carrier by shipper.

What is ICD shipping?

Inland Container Depots (ICDs) and Container Freight Stations (CFSs) are also called dry ports as they handle all customs formalities related to import and export of goods at these locations. In a multi modal transport logistics system, ICDs and CFS act as hubs in the logistics chain.

What is DDC shipping charges?

Another term used in certain ocean carrier and/or shipping conference ‘tariffs’ to describe the terminal charge assessed against ocean cargo delivered at certain destination ports.