What is the ocean freight surcharge?

The definition of surcharge: In order to maintain the stability of the basic rate for a certain period of time, and to correctly reflect the shipping cost of various goods in each port, the shipping company has stipulated various fees in addition to the basic rate.

(1) Fuel surcharge (BUNKER SURCHARGE OR BUNKER ADJUSTMENT FACTOR--B.A.F.): added when fuel prices suddenly rise.

(2) Currency devaluation surcharge (DEVALUATION SURCHARGE OR CURRENCY ADJUSTMENT FACTOR--C.A.F.): When the currency is depreciated, the shipowner will not reduce the actual income, and the surcharge will be added according to a certain percentage of the basic freight rate.

(3) Transshipment surcharge (TRANSHIPMENT SURCHARGE): All goods transported to non-basic ports need to be transshipped to the destination port. The surcharges charged by the ship party include transshipment fees and two-way freight.

(4) DIRECT ADDITIONAL: When the cargo delivered to a non-basic port reaches a certain volume, the shipping company can arrange direct voyages to the port without transshipment.

(5) HEAVY LIFT ADDITIONAL, LONG LENGTH ADDITIONAL and SURCHARGE OF BULKY CARGO. When the gross weight or length or volume of a piece of cargo exceeds or reaches the value specified in this freight rate, the additional fee will be charged.