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The Architecture of Ocean Freight Charges

EN KR The Architecture of Ocean Freight Charges Logistics & Supply Chain Analysis Understanding the anatomy of ocean freight invoices is crucial for global trade economics. The costs are structurally divided into three pillars: the foundational Basic Ocean Freight , market-driven Surcharges , and terminal-specific Local Charges . 1. Basic Ocean Freight (O/F) The principal tariff applied by the carrier for moving cargo from the origin port to the destination port. Classification Characteristics Metrics Currency Flow O/F (Ocean Freight) Pure space utilization cost on the maritime vessel. Priced per TEU/FEU (for FCL) or per CBM/Ton (for LCL) USD Carrier to the Shipper or Forwarder 2. Surcharges (Additional Freight) Metric Economic Driver Basis Curr. Flow BAF (Bunker Adjustment Factor) Hedging against volatile global fuel prices. TEU / CBM U...