In an effort to be more transparent in our pricing structure for freight rates to/from Vietnam, it is the intention of the Member Lines of the FEFC to introduce a Terminal Handling Charge (THC) in Vietnam in the amount of US$65/20’ and US$98/40’ with effect from 1 May 2007.
The THC, which represents the costs incurred in loading/discharging containers at Vietnamese container ports from stack to ship's hold or vice versa and will be shown as a separate charge on future shipping line documentation. Payment of this THC portion will be subject to mutual arrangement between the buyer and seller of the cargo in shipment.
The THC introduction is a commercial issue that intends to bring Vietnamese shipping business practices in line with norms being applied in all other Asian countries. It is believed that this THC introduction will further benefit Vietnamese imports and exports, as it will enable ocean freight rates to be priced based on service quality and market/supply conditions.
Member Lines of the FEFC are ANL Container Lines Pty Ltd, Maersk Line, APL Co Pte Ltd., MISC BERHAD, CMA CGM SA, Mitsui O.S.K. Lines Ltd, CSAV Norasia Liner Services, MSC - Mediterranean Shipping Co. SA, Egyptian International Shipping Co., Nippon Yusen Kaisha, Hapag-Lloyd AG, Orient Overseas Container Line, Hyundai Merchant Marine Co. Ltd., Safmarine, Kawasaki Kisen Kaisha Ltd., và Yangming Marine Transport Corporation
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