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Torang Darya Shipping Company
cooperates with trusted agents in different cities and countries to offer customers good sea freight rates, These rates include refrigerated containers, 20-foot and 40-foot containers, bulk cargo, and LCL shipments all at competitive prices.
Torang Darya Shipping Company will respond to your needs in the shortest time possible, providing free consultation to offer the best freight rate inquiries
Freight Rate Inquiry
To inquire about sea freight rates, we need some information. The cost of freight rates depends on the type of cargo, its characteristics, and the geographical region of the countries involved. Below, we provide comprehensive details about sea freight rates.
How to Calculate Sea Freight Charges
The most common internationally methods for shipping bulk cargo, less container load (LCL), and full container load (FCL) shipments are by sea. Typically, sea freight charges invoices are issued by shipping lines to customers or through a representative acting on behalf of the shipping company. In addition to the sea freight charges , the shipping invoice includes all related costs, such as collection charges, road or rail transport costs, and other various expenses related to transporting goods by sea.
Approved Freight Tariff by the Iranian Shipping Association
The Iranian Shipping Association determines the approved tariffs for Iranian shipping lines. Freight rates are set, based on various factors such as the type of cargo, distance, type of vessel, and additional services. Additionally, there are approved tariffs for transporting goods between internal ports in Iran.
Sea Transport in Incoterms
It is not always necessary for the sea freight rate or international shipping invoice to include all related costs. These costs largely depend on the Incoterms agreed upon between the seller and the buyer. For example, a door-to-door shipping contract between the buyer and the seller includes all the mentioned costs.
What Are Incoterms?
Incoterms (International Commercial Terms) are trade terms published by the International Chamber of Commerce (ICC) to facilitate communication between global business parties and define the responsibilities of each party, including the seller, shipping companies, and the buyer. These terms are recognized by companies worldwide. Shipping companies typically receive instructions for ordering and transporting goods, with the sea freight rate also set by them. However, some costs may be determined by the buyer or customer and paid directly to the shipping company. Therefore, in a goods transport contract, all conditions and terms of sale must be clearly stated using the correct Incoterms.
What Are Basic Sea Freight Rates?
Shipping companies typically have basic freight rates that are used to calculate sea transport costs.
Basic Freight Rates for FCL (Full Container Load) Cargo
The cost of sea freight for FCL shipments is based on the container size, volume, and type (refrigerated or non-refrigerated).
Basic Freight Rates for LCL (Less-than-Container Load) Cargo
The cost of sea freight for LCL cargo is calculated based on either weight or volume, whichever is greater. In this process, the weight is measured in tons, or the volume in cubic meters (CBM), and then multiplied by the basic LCL rate set by the shipping company. The freight rate for LCL cargo is based on the gross dimensions or weight of the shipment. It’s important to note that for volumetric weight, packaging, palletizing, and other factors are considered. For LCL shipments, when the cargo weight exceeds 1,000 kg (1 ton), the exact weight is used to calculate the sea freight cost.
Freight Rate for Irregular or Multi-Shaped Packaging
Goods that are not regularly shaped sometimes take forms like cylinders or other shapes. In these cases, the freight rate is calculated using different methods. The freight cost for multi-shaped cargo includes collection and transport costs, labor charges for handling the goods, and other expenses incurred during transportation. It may also include costs after unloading the container from the ship until the cargo reaches its final destination.
Factors Affecting Sea Freight Rates
The factors that affect sea freight rates include the type of cargo, cargo volume, type of vessel, container type, shipping route, distance between origin and destination, tensions in the Strait of Hormuz, delivery time, terminal handling charges (THC), inland transportation costs, fuel adjustment factor (BAF), currency adjustment factor (CAF), GRI rates, bill of lading fees, insurance costs, market conditions, and more.
Experience the Best Sea Freight Rate Inquiry with Torang Darya Shipping Company.
The difference between LCL and FCL is that in LCL, instead of filling the container with your own goods, you share the space with other importers. In FCL, the container is filled with goods belonging to one importer and one customs declaration.
Because you pay for the entire container instead of paying for each cubic meter (CBM) of space.
BAF is a charge applied by shipping companies to cover the rising and falling fuel costs used to power the ships during transport. It is a dynamic component of the freight rate, fluctuating based on fuel price changes in the market.
CAF is a contractual mechanism that allows shipping lines to adjust freight rates in response to currency exchange rate fluctuations. By including CAF in pricing structures, operators can protect themselves from currency volatility.
GRI stands for General Rate Increase, which refers to the annual percentage increase in the cost of transporting goods and raw materials. At the beginning of each year, a General Rate Increase (GRI) is applied to reflect the rising costs across the supply chain, including fuel, insurance, wages, and other operational costs that shipping companies incur to maintain service levels for businesses.
CBM (Cubic Meter) is the volume of a space that measures 1 meter in width, 1 meter in length, and 1 meter in height. The volumetric weight of a cargo refers to the space the packaged goods occupy inside a container or transport vehicle.
The method for calculating volumetric weight and freight charges differs among road, sea, and air transport:
- Road transport: 1 CBM equals 3,000 kg (3 tons).
- Sea transport: 1 CBM equals 1,000 kg (1 ton).
- Air transport: 1 CBM equals 6,000 kg (6 tons).
This is due to the different volume factors. For example, transporting one ton of cotton and one ton of iron varies in volume. Therefore, the cost for each will differ depending on its volume.
Conclusion
Depending on the method you choose for sea transport, different terms are used for shipping. It’s important to familiarize yourself with these terms, especially when planning to ship goods by sea. Typically, sea freight is transported in 20-foot or 40-foot containers, but special cargo like bulk goods, liquids, and gases have their own specific conditions. In containerized sea transport, cargo is generally shipped as either LCL (Less-than-Container Load) or FCL (Full Container Load). The freight rate will certainly vary based on your shipping request. To get the best freight rates, stay in touch with Torang Darya Shipping Company.
For a freight rate inquiry, contact Torang Darya Shipping Company and our consultants will guide you to get the best shipping rates.
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