The charge for carrying a container or cargo by sea from port to port.
It is usually quoted per container (FCL) or per W/M (LCL), plus surcharges and local charges at each end.
Related terms
- BAF — Bunker adjustment factor: a fuel surcharge added to sea freight.
- THC — Terminal handling charges: fees for moving containers within the port terminal.
- All-in rate — A freight price that already includes surcharges such as BAF and CAF.