Table of Contents
What is destination terminal handling charges?
Destination Terminal Handling Charge (DTHC) DTHC are collected at the port of arrival. This includes loading or unloading of containers and other charges such as storage, monitoring and other port facilities.
Who pays terminal handling?
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.)
How do you understand the shipping terms?
The shipping terms are discussed below:
- EXW (EX Works) Related to (named place for delivery)
- FCA (Free Carrier) (Related to a named place for delivery)
- CPT (Carriage paid to) (Related to the named place of the location)
- CIP (Carriage & Insurance Paid to)
- DAT (Deliver at the terminal)
- DDP (Delivered Duty Paid)
What does destination terminal mean?
‘Terminal’ includes a place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. The Seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.”
What are terminal charges?
Terminal Handling Charge, as the name suggests, is a charge levied by a port terminal for the handling of cargo at a specific terminal within a specific port in a specific country.
What are terminal fees?
What is an airline terminal fee? An airline terminal fee is charged for all air shipments as a fee for handling the cargo. If applicable, an airline terminal fee will often appear as both an origin charge and a destination charge on your Flexport quote or invoice.
What are the Incoterms 2021?
In Incoterms 2021 rules, the seller is now responsible for purchasing a higher level of insurance coverage that at least 110% of the value of the goods as detailed in Clause A of the Institute Cargo Clauses.
What is discharge rate in shipping?
Before a fixture (agreement to take a ship on charter) is made, a charterer is required to advise the load/discharge rates – which is the time (in number of hours or days) it will take to load or discharge the cargo, to the ship owner..
What does shipped from terminal mean?
When goods are bought or sold “Delivery at Terminal” (DAT) it means that the Seller delivers the goods to a terminal at destination previously agreed to by the seller and the buyer. This can also be a road transportation hub or a quay. DAT is mainly used for air freight and ocean freight deliveries.
What does THC stand for in shipping category?
Container Service Charges (CSC or THC) are additional costs, on top of the sea freight, charged by the shipping company for the handling of containers at the container terminal before being loaded onboard a vessel.
What is included in THC for ocean freight?
This charge is an aggregation of costs associated with the terminal provider’s property, and only applies to ocean freight. What is Included In THC? The costs covered include access, equipment maintenance, equipment use, and labor (stevedoring).
How are terminal handling charges for THC paid?
THC Terminal handling charges. THC is paid on the terms of delivery agreed between buyer and seller in their export contract. If contract of terms of delivery is on FOB, CFR, CIF, CPT, DAP, DDU, DDP etc., the THC is paid by the shipper at load port. However the destination port THC need to be paid by the buyer under these types of delivery terms.
How are THC charges different in different ports?
The THC charges at each terminal all over the world vary one to another. The terminal handling charges of each port in a country also differs with another port of the same country. THC is paid on the terms of delivery agreed between buyer and seller in their export contract.