x You are a trainer to transport goods and need to learn about the term Despatch?
x You wonder what is the difference between Dispatch and Demurrage? What is the meaning of these terms?
x You need to update the terms of bonuses/loading and unloading in the ship lease contract?
Proship.vn us with many years of experience in providing domestic and international shipping services will quickly synthesize knowledge about Despatch to help you understand what are Despatch in import and export? What does Despatch stipulate, including the related terms?
What is Despatch? What is different from Demurrage?
Want to know what are Despatch in import and export and what is different from Demurrage. Along Proship update the following knowledge:
What is the term Despatch?
Despatch is that if the tenant is a container or a cargo ship to complete the loading or unloading the goods earlier than the allowed time will be entitled to the Despatch Money. In contrast, the trainer who completes the loading or unloading work is slower than the allowed time will be punished for the demurrage money.
The bonus can be specified in two cases: rewarding all the time saving time (for all time saved) or only rewarding for work time (for working time saved).
The difference between Demurrage and Dispatch
Dispatch is the amount that the ship owner must pay to the shipper if the time of arrangement and unloading is faster than the time specified in the contract. Meanwhile, Demurrage is the fee that the shipper must be paid to the ship owner if the unloading time or queue is overdue compared to the time specified in the contract.
The principle of slow loading and unloading is that "when being punished, they are always punished" (Once on Demurrage, Always on Demurrage), that is, once punished, the following days including Sunday, holidays, bad days are punished.
The Dispatch Money bonus is usually only about half of the Demurrage Money. To calculate the time for arranging/unloading, the contract may specify a number of fixed days (such as 14 days of queue and 10 days of loading) or regulating the average loading/unloading level (Loading/Discharing Rate) for the whole ship in a day.
Regulations on the time of unloading and rewarding for Dispatch/Demurrage to unloading in the ship lease contract
What is the term Despatch in import and export have been answered above. Next, these will be the regulations on the time of unloading and rewarding the loading and unloading in the ship lease contract that the parties should understand.
The two sides have an agreement on "Allowed Time/Laytimes/Laydays for Loading and Discharging) for loading and unloading. Usually calculated by the day.
If the tenant completes the loading or unloading of goods earlier than the allowed time will be entitled to the bonus loading or unloading quickly (Despatch Money). In contrast, the trainer who completes the work of loading or unloading is slower than the allowed time will be punished for delayed loading and unloading (Demurrage). The two sides can specify:
Allowed Time specifies for loading and unloading
Is a separate penalty for each port; or the time for the overall loading and unloading of goods, that is, after completing the unloading of new goods rewards.
How to calculate Allowed Time is called Separate Laydays:
* Example 1A: Contract: "Cargo to be Loaded at rate of 5,000 MTS and Discharged at the rate of 4,500 MTS Per Weather Working Days of 24 CONSECUTive Hours, Sundays, Holidays Exception, Uncless used = wwdshexuu.
* Example 2a: The contract is written:
The general combination of the charterer is beneficial for the charterer. Because if used without all the loading days for the loading port, the tenant can use it to compensate for the number of loading and unloading days at the port of unloading. At that time, the shipping company will calculate the reward/penalty based on the number of days after the two ends of the end (All time saved at both ends).
Allowed Time is a fixed time, the penalty is based on the total number of days
Regulations on average loading and unloading (Loading/and/Disharging Rate) for the whole ship in a day, the reward calculation is based on a day. The provisions of the total number of days are more beneficial to the charterer.
Instead of writing such as for example 1A (according to the daily unloading level), for example 1b (according to the total number of days) : port ”.
Instead of writing as example 2A (according to the daily unloading level), for example 2B (according to the total number of days): "Cargo to be loaded and discharged in 22 Weather Working Days of 24 CONSECUTIVE Hours, Sundays, Holidays Exception, Unless use (WWDSHEXUU)".
=> In short, it can be seen that the method of 1a is the most beneficial recording for the shipping company; And how to write 2.b is the most beneficial way for the tenant.
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The terms of goods transport - import and export
Along with the concept of demurrage and despatch in import and export that have been clarified above, there are also specialized import and export terms that need to be updated such as:
- COD: Cash on Delivery: Pay new delivery;
- ETD: Estimated Time of Departure: The ship is expected to depart/train;
- Eta: Estimated Time of Arrival: Expected shipment;
- Combined B/L: Mixed bill of lading/multimodal method;
- Shipper: Shippers (usually exporters);
- Tolerance: allowed tolerance;
- Bill of Lading: bill of lading (list of goods on cargo ships);
- Notify Party: The notice / party is notified (recorded in the bill of lading);
- CIF: Including commodity prices, insurance and charges;
- C. & F: Including commodity prices and charges, not including insurance;
- Consignee: Receiver;
- Certificate of Origin: Certificate of origin of goods;
- Cargo: Goods (transported by ships/aircraft);
- Container: large containers (containers);
- Container Port (Port of Contact); To containerize (for contact goods);
- Customs: Import tax; custom;
- Customs Declaration Form: Customs declaration;
- Declare: declaration of goods (for tax payment);
- Freight: Shipping goods;
- FAS: Including transportation costs to the port, not including the cost of goods on board;
- FOB: The seller is responsible until the goods have been on board;
- Irrevocable: cannot be destroyed horizontally; Unalterable - Irrevocable Letter of Credit (Mail credit);
- Merchandise: goods purchased and sold;
- Letter of Credit (L/C): Mail credit;
- Pro Forma Invoice: Temporary invoice;
- Packing List: Packaging card;
- Rotation: port; Wharf - RaySide (area close to the harbor);
- Ship: Transport of sea/air/ships;
- Shipment (shipment);
- Shipping agent: Ship dealer;
- Air Waybill: Airport;
- Waybill: Bill (providing goods information sent).
What is Despatch in import and export has been answered above, along with the provisions/penalties of Dispatch and Demurrage are specified in the contract of renting a ship trip so that the stakeholders recorded in time ... If you need to transport retail goods LCL and FCL goods to the North -South or International, contact immediately 0909 344 247 to receive direct advice from Proships of our Logistics.
