Ocean Freight Charges & Surcharges Guide
English 한국어 Ocean Freight Charges & Surcharges Guide Navigating through the various freight rates and surcharges in ocean import/export can be complex. Ocean freight charges are broadly divided into three main categories: Basic Ocean Freight for pure transportation, Surcharges reflecting market conditions (fuel, currency), and Additional/Local Charges incurred at ports and terminals. 1. Basic Ocean Freight (O/F) This is the base cost for transporting cargo over the sea from the port of loading to the port of discharge. Item Key Features Calc Basis Currency Billing O/F (Ocean Freight) The pure cost of utilizing space on the vessel. FCL (Per TEU/FEU) or LCL (Per CBM or Ton, whichever is greater) USD Carrier ➔ Forwarder or Shipper 2. Surcharges (Additional Freight) Item Key Features Calc Basis Currency Billing BAF (Bunker Adjustment Factor) Co...