What is terminal handling charges in export?

What is terminal handling charges in export?

Terminal Handling Charges (THC) is the charges collected by terminal authorities at each port against handling equipments and maintenance. THC varies port to port of each country, as the cost of handling at each port differs one to another port, depends up on the total cost of port terminal handling at each location.

Who pays for port costs?

the customer
These charges are typically paid by the customer, rather than by the shipping operator. Goods dues may vary between ports, but rates are typically set on the basis of weight, volume or number and nature of goods.

Who pays terminal handling charges in FCA?

Terminal Handling Charges are present at Origin, Trans-shipment and Destination ports. The seller or buyer pay the Origin THC (OTHC) and Destination THC (DTHC). These two parties already have a contract signed as to who will pay which charges.

Does DAP terms include customs clearance?

Under DAP, the buyer only pays the unloading fees and the import duty, taxes, and customs clearance, and the seller is responsible for all other costs.

What are the port fees?

Port fees are exactly what they sound like: fees charged by ports to the cruise line, which are passed on to the passenger. They’re assessed based on the number of passengers and size (tonnage) of the ship, which is why all guests onboard pay the same amount of these charges..

What do port charges include?

Port Charges means all charges of whatsoever nature (including rates, tolls, and dues of every description) in respect of an LNG Vessel entering or leaving the Freeport Facility, including charges imposed by fire boats, tugs and escort vessels, the U.S.

Which is best FOB or CIF?

It is advised to go with the FOB option for shipping as the buyer gets control over the shipping process and the costs are comparatively cheaper. Whereas in CIF shipping, since the seller has the authority over shipping charges and arranging a ship with the help of a freight forwarder, the cost is higher.

Who pays customs clearance on DAP?

The buyer
The buyer is responsible for import clearance and any applicable local taxes or import duties.

Why do buyers prefer CIF?

CIF is considered a better way to buy goods for those who are new to international trade. It might also be a better option for new traders who have small cargos.