(+86)-0755-89205789 丨 (+86)-0755-28274716            NVOCC:MOC-NV09192  |  FMC:030310

NEWS & BLOG

Interpretation Guidelines for Ocean Freight Surcharges

Views: 49     Author: Site Editor     Publish Time: 2022-04-29      Origin: Site

Understanding Ocean Freight Surcharges: Complete Guide for 2022.

This fee includes surcharges, fuel charges, and other costs related and more.



Japan

abbr.

full name

BAF

Bunker Adjustment Factor

YAS

Yen Appreciation Surcharge

CY CHARGE

Container Yard Chage

EBS

Emergency Bunker Surcharge

GBF

General Bunk Floating

PSS

Peak Season Surcharger


Korea

abbr.

full name

EBS

Emergency Bunker Surcharge

FAF

Fuel Adjustment Factor

CAF

Currency Adjustment Factor

PSS

Peak Season Surcharger

韩国线

Southeast Asia

abbr.

full name

CIC

Container Inbalance Charge

EBS

Emergency Bunker Surcharge

IAP

Indonesia Additional/Premium Surcharges

PCS

Port Congestion Surcharge

WARS

War Surcharge

PSS

Peak Season Surcharger



South Asia

abbr.

full name

FAF

Fuel Adjustment Factor

EBS

Emergency Bunker Surcharge

PCS

Port Congestion Surcharge


Red Sea

abbr.

full name

FAF

Fuel Adjustment Factor

STS

Suza Canal Fee

ADEN(ERS)

Emergency Risk Surcharge


Oceania

abbr.

full name

EBS(Australia)

Emergency Bunker Surcharge


Europe

abbr.

full name

ENS

Entry Summary Declaration

BAF

Bunker Adjustment Factor

CAF

Currency Adjustment Factor

PSS

Peak Season Surcharger



Mediterranean Sea

abbr.

full name

WARS

War Surcharge

PCS(Israel)

Port Congestion Surcharge


Africa

abbr.

full name

FAF

Fuel Adjustment Factor

BAF(West Africa)

Bunker Adjustment Factor

CAF(West Africa

Currency Adjustment Factor


Caribbean

abbr.

full name

PCS(South America West)

Port Congestion Surcharges

EBA(Central South America)

Emergency Bunker Additional

AG (Mexico)

Atlantic &Gulfcoast

PTF(Central South America)

Panama Canal Surcharge


USA & Canada

abbr.

full name

AMS

America Manifest System

ISF

Importer Security Filing

AG (East US)

Atlantic &Gulfcoast

RIPI(East US

Reversed Interior Point Intermodal

ACC(West US)

Alameda Corridor Charge

ICA(West US

Intermodal Administration Charge

IPI(West US

Interior Point Intermodal

WRS

War Surcharge

ACI(Canada)

Advance Commercial Information System Use In Canada

DDC

Destinational Delivery Charge

ERA

Equipment Repositioning Additional

PSS

Peak Season Surcharger

PCS(Central America)

Port Congestion Surcharge

PTF

Panama Canal Surcharge



AMS: On America Line this is a mandatory fee. Generally speaking, it is 25-30USD per ticket. This fee is also charged to ports in Canada. For other ships bound for Central and South America, this fee is also charged if they pass through the United States or Canada on the way.


ACC: Alameda Corridor charge. For all US locations except shipments from LBH, LAX to California, Washington, Arizona, Nevada.


ACI: Advance Commercial Information System use in Canada. Canadian customs declaration fee, the system used in Canada. For Canadian routes.


Aden(ERS): Escort fees in the Gulf of Aden. Since 2008, Somali pirates have been rampant, and many merchant ships have been attacked by pirates. So in order to ensure the safety of the cargo, many shipping companies charge emergency surcharges in the Gulf of Aden.


AG: Atlantic &Gulfcoast full waterway shipping rates. It is used for all-water transportation to the basic port of the east coast of the United States and the Gulf of Mexico.


BAF: Abbreviation for Bunker Adjustment Factor.


CAF: Abbreviation for Currency Adjustment Factor. The two charges of BAF and CAF are more common in the European line and the West African line of ocean freight (in fact, these two costs exist in the sea freight of all lines, but in general, except for the European line and the West African line In addition, all other routes directly calculate this part of the cost with the basic sea freight, and only show the ALL IN price on the surface).


COD: Charge of Diversion transfer fee


DDC: Destination Delivery Charge. For US and Canada routes.


DHC: Dest. Terminal Handling Charge.


DIB: Destination Inland Box.


STS : English abbreviation of SUZA CANAL FEE.


THC: Terminal Handling Charges. The cost of THC is generally calculated in RMB. In addition, the fees for BAF, CAF, and THC used to be unified. Due to the disintegration of the European Liner Organization in October 2008, this fee is now set by each shipping company individually.


ISPS: International ship and port facility security. Charges are per container. This fee will vary slightly depending on the shipping company.


WARS: War Surcharge, or War Risk. This cost mainly occurs in the ports of LATTAKIA (Syria), HAIFA (Israel), ASHDOD (Israel), and BEIRUT (Lebanon) on the Mediterranean route. It is billed in US dollars and charged per TEU (TWENTY FEET CONTAINER).


EBS: Emergency Bunker Surcharge. The billing unit is RMB, and the fee is charged per TEU. This fee is generally prepaid now, and the Taiwan line generally has this fee.


EBA: Emergent Bunker Additional. For African routes, Central and South American routes.


EPS: Equipment Position surcharge.


ERA: Equipment Repositioning Additional. Fees specific to CSCL Shipping Line transfers to U.S. inland points.


FAF: Fuel Adjustment Factor Fuel Price Adjustment Surcharge. For Japan routes.


FRT. Box ocean freight OIB: Original Inland Box inland surcharge at the port of departure.


GRI: General Rate Increasing. The comprehensive rate increases the surcharge, and the total rate increases the surcharge.


GRR: General Rate Restoration. Charges for YMLine (Yang Ming Company) during peak season.


HDLG: Handling CHG(charge) or HDLG FEE handling fee


ISF: ISF is the US import security declaration system, 10+2 declaration, which requires US importers (10 declarations) and shipping companies (2 declarations) to pass AMS 24 hours before the goods are loaded. Or the ABI system to send electronic filing data to US Customs. In terms of ISF declaration operations, importers can entrust their trusted overseas agents to declare on their behalf.


IAP: Indonesia Additional/Premium Surcharges. For flights to Indonesia.


IAC: Intermodal Administration Charge. Fees specific to U.S. inland points.


IFA: Impromptu Fuel Additional. Some routes are temporarily used.


IPF: Inspection Fees


PSS: Peak Season Surcharges. It is a fee charged by shipping companies to make up for the increase in manpower input and increase in mechanical wear and tear due to the busy business season. More common in European lines. Billed in US dollars, charged per TEU.


ORC: Original Received Charge. It is used for routes from South China to the United States and Europe. Note: This fee applies to all countries in the Americas.


OWS: Over Weight Surcharge.


PTF: Panama Canal Surcharge. It is used for American routes and Central and South American routes.


PCS: Port Congestion Surcharge. Used in certain ports in Israel and India and routes in Central and South America.


PSS: Peak Season Surcharger. For most routes, it may be temporarily used during peak transportation seasons.


RSC: Restowage Charge.


SCC: Switch Certificate Charge.


Follow Us on Social Media
STU Supply Chain is international freight agent and logistics supply chain management company.

Home

Copyright © 2021-2022 STU Supply Chain Management(Shenzhen)Co., Ltd.