| If you have a few common questions about ocean | | | | loaded, the driver would have to retrieve it and take |
| freight that you need answers to, read below to get | | | | it to the yard. This facility would cost more than a |
| a better understanding about the subject. | | | | live load. |
| 1. Ocean Freight - What is It? | | | | 6. What are the Main Shipping Documents which are |
| Most of the times, the freight which is shipped to an | | | | Used? |
| international location is sent through sea vessels. The | | | | For international sipping, there are a few documents |
| cost for this service refers to just the cost of | | | | which would be required according to the law like the |
| sending the shipment across the ocean and not the | | | | Bill of Lading, certificate of origin, quota/visa, |
| other costs which are associated with it like the | | | | fumigation certificate, packing materials and weight |
| transportation till the container, the charges for | | | | description, packing list, commercial invoice or an |
| storage etc. | | | | inventory list along with the other required legal |
| 2. What are the Surcharges? | | | | documents. |
| The additional charges which would be applicable | | | | 7. What is Bill of Lading? |
| would be the basic charges for covering | | | | A Bill of Lading or BOL in ocean freight refers to a |
| transportation from port to port, the delivery | | | | document which is issued by a carrier indicating that |
| charges, documentation fees, security charges and | | | | the goods have been received for transportation to |
| fuel surcharge. | | | | a specific consignee and place. The document would |
| 3. What Does Container Yard Mean? | | | | have to be legally signed since it is a contract |
| CY or container yard refers to the facility where the | | | | between the shipper and the carrier. |
| empty and loaded containers are accepted for | | | | 8. What is SED? |
| loading the on board vessels. | | | | Quite a lot of shippers are also required to complete |
| 4. What Does FOB Mean? | | | | the SED or the shipper's Export Declaration. This |
| FOB refers to Free on Board. The term is used for | | | | document is a form which is used by the |
| indicating that the consignor would be responsible for | | | | government in order to compile the statistics for the |
| the goods transportation to the shipment port and | | | | exports. There are a few shipments which would not |
| for the loading cost. The consignee would have to | | | | have to be reported. |
| pay the cost for the unloading, insurance, ocean | | | | 9. Would the Freight be Insured? |
| freight and related costs. | | | | Most carriers would only limit their liability to the |
| 5. What are Drop and Pick and Live Load? | | | | damage of cargo. The limitation would vary according |
| When receiving a quote for ocean freight, the | | | | to the carrier but the shipper should find out the |
| shipper should know the difference between drop | | | | exact details about ocean freight insurance. The |
| and pick and live load. The responsibilities and prices | | | | shipper might also have to get extra insurance |
| for both are different. In live load, the driver would | | | | before sending the shipment. |
| transport just an empty container to the shipper | | | | The quotes for international shipping are available |
| who would have to load the container which would | | | | easily online with several companies. Compare all the |
| then be sealed and secured by the driver. In drop | | | | options, ask the necessary questions and clear all |
| and pick facility, the driver would deliver the container | | | | your doubts about ocean freight before making any |
| and leave it for some days. Once the container is | | | | decisions. |