Freight Charges
Freight charges refer to the fees paid for the transportation of goods by sea from one port to another. These charges are calculated based on various factors such as the weight and volume of the cargo, the distance between the ports, the type of vessel used, and any additional services required. Freight charges can be paid by the shipper, consignee, or a third party, depending on the terms of the contract of carriage. These charges are an essential component of the shipping industry and can have a significant impact on the cost of goods traded internationally.
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