Terminal Handling Charge
THC is the abbreviation for Terminal Handling Charge. These are additional costs in sea freight that are imposed by the shipping company. Through this charge container handling at the shipping yard is paid, in fact before it is loaded on board of the transport ship.

What is THC export?

Normally, Terminal handling charges (THC) for exports is collected from shipper by shipping lines while releasing Bill of Lading after completion of export customs clearance procedures. Let the sale contract between buyer and seller be anything, the THC at port of loading need to be paid at load port only.

Who pays THC in CFR?

THC is paid on the terms of delivery agreed between buyer and seller in their export contract. If contract of terms of delivery is on FOB, CFR, CIF, CPT, DAP, DDU, DDP etc., the THC is paid by the shipper at load port.

Who pays terminal handling charges THC in port of arrival?

carrier
Typically, any THC at a transhipment port is paid by the carrier as this is factored into their freight cost. One point to note here is that equipment like refrigerated containers (reefers), Out-of-Gauge cargo (OOG), HAZMAT cargo (Hazardous Materials), etc.

What is bl fee in shipping?

Bill of Lading Charges is nothing but documentation charges of shipping carriers to shipper when releasing Bill of Lading. Bill of lading charges is one of the charges payable to carrier of goods at the time of releasing bill of lading. BL charges are nothing but documentation charges against Bill of lading.

What are muc charges in shipping?

The Mandatory User Charge (MUC) of Rs. 145 /- per container (20′ &40′) + GST will be levied on all containers (except transshipment and coastal) handled for all the terminals at Chennai Port trust, Krishnapatnam Port & Vizag Port w.e.f 01st November 2018.

Who pays DAP freight?

buyer
In delivered-at-place agreements, the buyer is responsible for paying import duties and any applicable taxes, including clearance and local taxes, once the shipment has arrived at the specified destination.

What is THC and what does THC stand for?

Terminal Handling Charges – THC. Terminal Handling Charges (THC) is the charges collected by terminal authorities at each port against handling equipments and maintenance.

What is THC ( terminal handling charges ) in shipping?

What Is THC (Terminal Handling Charges) In Shipping? This charge is an aggregation of costs associated with the terminal provider’s property, and only applies to ocean freight.

What is included in THC for ocean freight?

This charge is an aggregation of costs associated with the terminal provider’s property, and only applies to ocean freight. What is Included In THC? The costs covered include access, equipment maintenance, equipment use, and labor (stevedoring).

Can a THC be different at different terminals?

Even within the same port, THCs can be different at different terminals within the port. THC can be quite an expensive charge, and the apportioning of this could make or break a deal.