Port Maintenance Fees Drive Up Global Shipping Costs

Port Maintenance Fees Drive Up Global Shipping Costs

The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.

CMA CGM Adjusts Strategy Over New US Port Fees

CMA CGM Adjusts Strategy Over New US Port Fees

French shipping giant CMA CGM is restructuring its global fleet to avoid new U.S. port fee regulations. The company plans to invest $20 billion in the U.S. to strengthen its market competitiveness. Despite facing challenges from the U.S.-China trade war, CMA CGM maintains a positive outlook, anticipating a rebound in trade activity.

Understanding Sea Freight Full Container Load Costs: Port Fees and Quotation Analysis

Understanding Sea Freight Full Container Load Costs: Port Fees and Quotation Analysis

The costs of full container load (FCL) shipping include not only the ocean freight but also various local charges, such as port dues, security fees, manifest fees, and seal fees. These costs can vary depending on the port, shipping lines, and freight forwarders. Understanding the standards and calculation methods for these fees can help businesses better manage their budgets during international cargo transportation.

Ocean Freight Costs Unpacking Terminal Fees and Hidden Charges

Ocean Freight Costs Unpacking Terminal Fees and Hidden Charges

This article provides an in-depth analysis of terminal handling charges and other hidden costs in international sea freight. It details the composition and influencing factors of various fees, including port charges, port congestion fees, customs clearance fees, and warehousing fees. The aim is to help cargo owners understand the complete picture of sea freight costs, effectively control expenses, avoid unnecessary expenditures, and gain a proactive advantage in international trade. By understanding these fees, shippers can better manage their logistics budget and negotiate favorable terms.

Dalian Port Clarifies Sea Freight Charges for Exporters

Dalian Port Clarifies Sea Freight Charges for Exporters

This article provides a detailed explanation of common local charges in sea freight at Dalian Port. It covers 15 charges, including Terminal Handling Charges (THC), port surcharges, security fees, and documentation fees, and offers reference prices. The aim is to help exporters clearly understand each cost item, avoid hidden costs, and reduce unnecessary expenses.

Hiroshima Port Expands Development and Maintenance Plans

Hiroshima Port Expands Development and Maintenance Plans

The port management agency of Hiroshima Prefecture is responsible for formulating port development plans, constructing and maintaining facilities, approving usage permits, managing leasing matters, and setting usage fees. These efforts ensure the safe and efficient operation of the port, supporting regional economic development and facilitating trade.

Comparison Analysis of Yangshan Port and Outer Port Costs

Comparison Analysis of Yangshan Port and Outer Port Costs

This presentation analyzes the reasons for the higher costs at Yangshan Port compared to the Outer Port. Located on an island, Yangshan Port is approximately 30 kilometers from Shanghai's mainland, resulting in increased transportation distance and higher container handling and port entry fees. Additionally, the need for a secondary entry operation after unloading containers also raises costs.