Did you know that over 90% of the world’s goods are transported by ocean freight?

In today’s global economy, ocean freight plays a vital role in transporting goods around the world. According to the World Shipping Council, over 90% of the world’s goods are transported by ocean freight.1 this includes everything from raw materials and manufactured products to food and consumer goods.

Ocean freight is a cost-effective way to transport large volumes of goods over long distances. It is also relatively safe and reliable, making it a popular choice for businesses that need to move goods around the world.

There are some challenges associated with ocean freight, however. For example, delays can occur due to bad weather or port congestion. And, because ocean freight involves multiple steps (e.g., loading, unloading, and transshipment), there is a greater risk of damage or loss.

Despite these challenges, ocean freight remains an important part of the global supply chain. And with the continued growth of international trade, it is likely that ocean freight will continue to play a vital role in the world economy.

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13. “What Is a Terminal Handling Charge (THC)?” forward2me. Accessed March 15, 2017. https://www .forward 2me .com/ blog / what- is -a- terminal- handling- charge -thc /.

14.”What You Need to Know about Port Congestion Surcharges.” UPS Supply Chain Solutions: Transportation and Logistics Management Services. Accessed March 15, 2017. https://www .ups- scs .com/ solutions/ freight_ transportation / port_congestion _surcharges .html.

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17.”Ocean Rate Benchmarks and How They’re Used.” The Balance. Accessed March 15, 2017. https://www.thebalance.com/ ocean-rate – benchmarks -and- how-theyre – used _2544103.

18.”What Is a Bunker Adjustment Factor (BAF)?” forward2me. Accessed March 15, 2017. https://www .forward 2me .com/ blog / what is a bunker adjustment factor baf/ .

19.”What Is a Low Sulphur Surcharge (LSS)?” forward2me. Accessed March 15, 2017. https://www .forward 2me .com/ blog / what- is -a- low- sulphur- surcharge -lss/ .

20.”What Is a Peak Season Surcharge (PSS)?” forward2me. Accessed March 15, 2017. https://www .forward 2me .com/ blog / what- is -a- peak – season- surcharge -pss/.

Conclusion:

As you can see, there are many different charges and fees associated with shipping goods by ocean freight. It’s important to have a clear understanding of these costs so that you can budget properly and avoid any surprises.

If you’re looking to ship goods by freight, be sure to contact a reputable and experienced shipping company like forward2me. We can help you navigate the complexities of ocean shipping and ensure that your ocean freight goods arrive safely and on time.