• seafreight

    Factors That Determine Sea Freight Rates

    When about to transport goods by water mostly sea freight, what definitely comes first into your mind is what the sea freight rates would be for the services. This knowledge is important considering the inconveniences that may arise when they are not put into serious consideration. When you have goods or products of any kind that you are wishing to transport, it is a good thing that you are aware of the general factors that determine the charges that your shipping company uses to determine what clients pay for their services.

    The weight of the goods or products that you intent to transport is a chief determinant of the rates that you are bound to pay for the shipping. Most companies have online guide which gives a rough estimate of the possible sea freight rates that you are expected to pay for a specific weight. The more the weight of your goods the higher the corresponding rates. This is majorly because ships are supposed to ferry goods of a certain weight and if they exceed it can be dangerous. When your goods take most of the weight in the ship it is definite that you are going to pay more since the ship is majorly transporting your goods.

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    Parts of a Bill of Lading

    The different parts a Bill of Lading (abbreviated to B/L), one of the MOST important documents in the whole shipping and freight chain, that needs to be filled up..

    Please bear in mind that this “generic” information and does not refer to any line in particular as each line have their own format and setup..

    In this article we will discuss the address and reference details..

    Shipper – is the name and address details of the shipper who is shipping the cargo.. This may or may not be the actual owner or manufacturer of the cargo, but could also be a trader or freight forwarder depending on the type of bill of lading that is issued.. This could also be different from the exporter of the cargo..

    Consignee – is a key entity in the shipping chain and this field reflects the name and address details of the person or company that is legally allowed to receive the cargo covered in the bill of lading..

    This may or may not be the actual owner or recipient of the cargo as it could be a bank or trader or forwarder depending on the type of bill of lading that is issued..

    Being named as the consignee on the bill of lading also comes with the risk and responsibility of being held accountable for many issues such as non-clearance of cargoes, late clearance, claims etc..

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    Sea Transportation Service Users Reject Beleid Relocation of Imported Containers

    Loading loading and unloading facilities at Jakarta International Container Terminal (JICT), Jakarta

    JAKARTA – Indonesian marine transport service user board (Depalindo) urges to move the location of the cultivation or relocation of imported containers from the one-line port / container terminal of import-export at Tanjung Priok Port to refer to facility utilization, ie if the yard occupancy ratio (YOR ) in the container terminal has reached 65%.

    Chairman of Depalindo, Toto Dirgantoro said since the Regulation of the Minister of Transportation (Permenhub) No: 25/2017 on the amendment to Regulation of the Minister of Transportation No: 116/2016 concerning the transfer of goods which passes the time limit of stacking or longstay at the main port of Belawan, Tanjung Priok, Tanjung Perak Surabaya, and Makassar Port, the logistics burden borne by the owner of goods actually increases.

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    Tanjung Perak Tariff Claims Competitive More Compared Singapore

    Container loading and unloading activities using a new container crane number 14 at the international pier PT Terminal Petikemas Surabaya, East Java.

    SURABAYA – PT Pelabuhan Indonesia (Pelindo) III claims that it now has a more competitive ship and goods service tariff in Tanjung Perak Port compared to Singapore.

    CEO of Pelindo III IGN Askhara Danadiputra commonly called Ari, said the total cost of the entire port starting cost of ship services, handling containers or Container Handling Charge (CHC) in Tanjung Perak Surabaya is now 57% lower than the port in Singapore.

    “With the tariff difference is expected to be a distinct advantage for the Port of Tanjung Perak to gain a wider market share in handling port services,” he said through a press release on Monday (6/11/2017).

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    Difference between Demurrage and Detention

    Yes, there is a clear difference between demurrage and detention.. Let me explain..

    Shipping and freight can be full of surprises and variables in terms of costs for a customer..

    In a lot of cases, these costs maybe highly prohibitive to the extent of some customers abandoning cargoes at destination due to these costs..

    In the context of containerised cargo these two cost items DEMURRAGE and DETENTION are crucial and could become a huge problem for the customers if they do not control their shipments properly and effectively.. Demurrage and detention is mostly associated with imports although it may happen in the case of exports as well..

    In this article I will explain, What is demurrage and detention, why is it charged, who charges it and who pays for it with some examples..

    Although the most common market practice is to combine demurrage and detention, it is important to know the difference between demurrage and detention..

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    Choosing A Good Ocean Freight Service

    Ocean freight is the process of sending cargo commercially through sea. The goods that are shipped through sea are usually divided into three categories, i.e., household goods, express parcels as well as freight shipment. A fright shipment is when a cargo is too large and heavy to be sent as a parcel. Businesses that are dealing with international shipping must negotiate with multiple shipping companies to get the best rates.

    The international or overseas cargo can be quite expensive, thus it’s better to find the shipping companies that are offering you the best deal. A reasonable priced shipping service can save you a lot of money. Many businesses across the globe also hire agents that help them to keep a track on various shipping companies that may offer best rates.

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    As of September, TPS Container Flow Up 3%

    Container loading and unloading activities using new Container Cranes number 14 at the international dock of PT Terminal Petikemas Surabaya, East Java,

    SURABAYA – PT Terminal Petikemas Surabaya (TPS) recorded that the export container flow performance in September 2017 increased 3% compared to the same period last year.

    Public Relations TPS, M. Solech said the flow of containers at the TPS until September was able to penetrate 957,975 TEUs, while in September 2016 reached 926,579 TEUs.

    “The increased performance of curricap currents is the achievement of our service improvement as the operation of 3 new Container Crane (CC) units at international docks,” he said in a press release on Thursday (5/10/2017).

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    Getting the Best Sea Freight Services

    Considering that most traders depend upon sea freight services to have their goods and products delivered to their clients, choosing the company that offers the most satisfying services is of great importance to ensure that the customers are kept satisfied by the delivery of their goods or parcels. A mistake committed during the transportation of goods which might result to their spoilage, damage or loss can be a great blow to the traders and worst inconvenience to the customers.

    There are many sea freight services providers who serve clients along the globe. How to get the one company that will keep you satisfied and maintain the confidence that your clients have in you is the greatest test vested upon a trader. When you consult most companies may be through their websites or physically, they will tend to tell you why they are the best options to offer you the satisfaction that you need for the delivery of your goods whether they are personal effects, customer deliveries or exports. You should be in a position to also read what they do not tell regarding their shortcomings since it is through the weakest link that you are able to rate the strength of a chain. You can do this through consulting other people who have used the services and also rate their comments about the satisfaction given by the services.

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    Fuel Price Increases, Sailing Tariff Climbs

    JAKARTA – The Indonesian National Shipowners Association (INSA) said that the increase of transportation tariff to Eastern Indonesia, especially on Surabaya-Ambon route is driven by the increase of operational cost.

    Chairman of DPP INSA, Carmelita Hartoto said one of the contributors to the increase in operating expenses on the Surabaya-Ambon route is the increase in the price of fuel oil or marine fuel oil (MFO). MFO price by Carmeilita jumped 47% to Rp5,600 per liter.

    He added that the business expenses of shipping business is getting heavier because at the same time the amount of cargoes being transported has not experienced significant growth. “The fuel cost component is quite large on shipping operations,” he said in a press release received by Bisnis.com on Monday (2/10).

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    How to Choose a Domestic Freight Forwarder?

    Bali Intercont Cargo ready to export your goods to overseas destination.

    The use of a domestic freight forwarder within your supply chain can allow your firm to take advantage of the freight forwarder’s volume buying power and expertise resulting in a freight forwarding program that not only meets deadlines but also reduces your costs.

    The key is selecting the right partner to handle your freight forwarding needs. Perhaps the first area you should evaluate in a potential freight forwarding partner involves learning some basic, general information about that potential partner and its operations.
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