How are terminal handling charges calculated?

How are terminal handling charges calculated?

While THC is charged by container, wharfage charge is usually calculated by weight or volume. Also known as Revenue Ton (RT) it is calculated for weight or volume that is loaded or unloaded at the terminal in units of tons, cubic meters (CBM), etc.

What is terminal handling fee?

Terminal Handling Charges (THC) In short, THC are fees charged by the shipping terminals for the storage and positioning of containers before they are loaded on a vessel. The charges usually consist of goods handling, unloading the container, stacking and crane service.

Who charges terminal handling charges?

In each case the seller arranges and pays for the transport of the container to the named place, which we will assume is the container terminal. (If the named place is elsewhere – the buyer’s warehouse, for example – then the situation is straightforward, all terminal handling charges will be paid by the seller.)

Who pays terminal handling charges in CIF?

Under CIF, the seller must export and pay the costs to ship to your destination port, but you must import and pay all costs associated with the importation.

What is CFS in shipping?

CFS (Container Freight Station) refers to a warehouse where goods belonging to various exporters or importers are consolidated (grouped) or deconsolidated (degrouped) before being exported or after being imported.

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.