x You are operating in the import-export sector, need to find out detailed information about fees and surcharges?
x Have you heard about Freight Prepaid fees but don't know what they are or which contracts to use?
x Do you want to use the LCL cargo shipping service to low-cost countries and support import-export procedures?
Proship.vn will quickly answer all the questions that many people are interested in asking above, especially clarifying the concept of Freight Prepaid fees, what is similar and different from Freight Collect. Freight Prepaid is often used in group C and group D terms, but many people often confuse it with other port fees and surcharges. So, Container Transport Unit Proship will highlight what you need to know about Freight Prepaid. Interested businesses are invited to quickly update the knowledge below to effectively support the process of import-export goods.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
What is Freight Prepaid?
Freight Prepaid is the freight that the shipper must pay at the loading port, which also means that the goods can only be put on the ship when the shipper pays all the freight (the shipping line will not accept debt). Prepaid freight is often used in CIF contracts, Forwarders often call it Freehand goods. To make it simpler, you can understand it similar to when we use a prepaid phone (Prepaid) or a prepaid visa card (you will deposit money first and use it within the remaining balance on the card).
However, in reality, there are still many Forwarding companies that accept public debt for customers. Because the forwarding field today has a very high level of competition, units need to be more "comfortable" to attract customers. Accordingly, when you ship goods with a Forwarder, even though prepaid freight is applied, it is still possible that the goods will pass through and you will have to pay the freight. And of course the person at risk here is Forwarding, especially cold goods.
In contrast to Freight Prepaid, Freight to Collect is used to refer to the type of freight that the buyer will pay, which is paid at the port of destination. Normally, we will see Freight Collect appearing a lot in EXW, FOB and designated cargo contracts. The person responsible for collecting ship freight is the forwarder's agents at the port of destination (port of discharge).
>>See more: What is MSDS?
Things to know more about Freight Prepaid fees
Once you understand what Freight Prepaid is, other knowledge related to Freight Prepaid also needs to be updated in detail. As follows:
Distinguish between Freight Collect and Freight Prepaid
* Similarity of Freight Collect and Freight Prepaid:
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Whether Freight Collect or Freight Prepaid, you must pay local charges at the loading port and unloading port:
- The shipper will be the one to pay the freight at the loading port for the shipping company;
- The Consignee will be the one to pay the local charges at the port of discharge to the shipping line.
* Basic differences between Freight Collect and Freight Prepaid:
- The most basic difference between Freight Collect and Freight Prepaid is the location where freight is paid. Accordingly, Collect charges require you to make a house bill, but for Prepaid charges, you can make a master bill or house bill;
- Normally, if the sales conditions are written as C, D, then on the B/L it is written as Freight Prepaid, and conversely, if the sales conditions are group E, F, then on the B/L it is written as Freight Collect.
* Note: But in reality, when you look at Freight Collect and Freight Prepaid on the B/L, you should not determine whether it belongs to FOB or CIF terms because in some cases the buyer will ask the seller to pay the freight for him. Then the buyer will return the payment later.
Note when transporting goods by sea container
When transporting goods via sea, to ensure the goods arrive quickly and safely, you need to "pocket" a few notes such as:
- Learn carefully about fees and surcharges related to shipping goods by sea to ensure there is no confusion when sending goods;
- Carefully check the goods being transported to make sure the goods being sent are not on the list of prohibited transportation according to State regulations;
- Pay attention to packaging goods properly to ensure safety and limit possible risks of damage, theft, etc.;
- Agree with the buyer/seller when signing the sales contract under which Incoterms conditions. Based on the contract conditions, determine the fees payable according to regulations.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
Is PROSHIP.VN providing Chinh Ngach retail import and export services by sea good and worth it?
If you have a relatively large volume of goods but not enough to fill a 20-foot container. To save shipping costs from Vietnam to the US, Germany, Australia, Japan, China, EU countries,... and vice versa, moving from other countries to Vietnam by Container, it is best to send LCL goods by air. Flexible shipping from Port - Port, Port - Warehouse, Warehouse - Warehouse,... Because this is considered an economical form of shipping that many Individuals/Businesses choose to use. Proship Joint Stock Company realized that the demand for sending LCL goods by consolidation method from many other retail customers is increasing, so it has deployed this service to the market to meet the market.
Choosing this method of LCL LCL consolidation, your LCL shipments will be packed into one container. Specifically, we will combine many retail shipments (LCL Shipments), arrange, classify and pack them into containers, then arrange transportation from loading port to destination port. It is our dedication, professionalism and reputation in all stages (from operations to business) that have helped us create a certain position in the international transportation market today.
Along with that, we will also support you in terms of documents and procedures for exporting retail goods to other countries quickly and conveniently, in accordance with procedures, principles and laws. Proship Transportation's role is to promote international trade activities, contributing to the added value of goods. Or to put it more easily, trade goods between different regions of the world can be traded conveniently and easily thanks to shipping companies and agents like us.
The customers Proship is targeting
- Corporations, domestic and foreign companies that need to transport goods;
- Factories, projects, general agents and services for domestic goods, international import and export;
- Small and medium-sized enterprises have a need for international sea transport and import-export for the fastest time and the smallest cost savings.
Charges for import and export of Chinh Ngach retail goods depend on factors
- By nature of goods: Ordinary goods, heavy goods, chemical goods, high-value goods, fragile goods, bad-smelling goods, goods requiring special loading,...;
- Goods by weight of goods;
- According to goods delivery conditions: Door to door, CY-CY, or CY door;
- All types of goods packed into special containers, Open top, Flatrac,...;
- Seasonal goods: High season goods, low season goods, rice season goods, Tet season goods;
- Quantity of goods shipped regularly or not, quantity shipped by shipment...
*** Note, in addition to sea charges quoted based on specific routes, local charges are kept fixed according to the price list:
- Sulfur surcharge (LSS or WBS): USD 7/CBM. This is a new surcharge, according to regulations in the Imo2020 treaty on maritime transport;
- Terminal Handling charges: USD 8/CBM;
- Bill fee/Docs fee: USD 40/set;
- CFS warehouse fee: USD 8/CBM;
- EBS/AMS/AFR fee: USD 35/trip;
- Telex release fee: USD 30/set.
Shipping services (FCL/LCL) by sea from Vietnam - USA, Germany, Australia, Japan,... (and vice versa) include
- Door to Door shipping service (FCL/LCL): When customers buy according to price (EXW, FCA,..);
- Shipping service (FCL/LCL) Port to Door: When customers buy according to price (FAS, FOB,..);
- Shipping service (FCL/LCL) Port to Port: When customers buy according to price (FAS, FOB,..) and do not require customs services and domestic delivery.
Proship accepts transportation of LCL goods along Chinh Ngach road
- Transporting foods: Dried vegetable foods or food groups such as chili sauce, instant noodles, candy, nuts, etc.;
- Transporting frozen seafood such as shrimp, fish, squid, crab, oysters, snails, etc.;
- Transporting fashion items: Typically clothes, shoes, bags, hats,...;
- Transporting cosmetics: Lipsticks, lotions, shampoos, facial cleansers, etc.;
- Transporting garments: Fabrics and other materials for the garment industry;
- Transporting interior and exterior items: Tables, chairs, beds, cabinets, decorations,...;
- Transporting electronic components: Headphones, electrical equipment, charging cables,...;
- Transporting fine art goods: Sculptures, teapots and ceramic goods;
- Transporting powders and liquids...;
- Transporting other items such as western medicine, herbal medicine, herbal tea, etc.
Proship's transportation and E-Logistics services have been providing to the market
- Road transport by container and truck;
- Transporting containers by rail;
- Transporting goods by sea;
- Transporting goods by air;
- Transporting goods by refrigerated containers;
- Transporting retail cargo, bulk cargo, special cargo, and oversized and super heavy cargo;
- Multi-modal transportation of project cargo.
Above is some basic information about Freight Prepaid that Proship wants to share with readers. From here, businesses or any individuals participating in the process of exporting and importing goods understand what Freight Prepaid Freight is , what is similar and different from Freight Collect to avoid confusion/ Unnecessary shortcomings in the process of paying fees, trading and completing customs clearance procedures. And when you need to import and export LCL Chinh Ngach goods, contact us immediately at the Hotline below to be provided with the best cheap service in 2023.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
