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2. Dimensional weight - Wikipedia

   en.wikipedia.org/wiki/Dimensional_weight

   Dimensional weight is also known as DIM weight, volumetric weight, or cubed weight. Freight carriers utilize the greater of the actual weight or dimensional weight to calculate shipping charges. Dimensional weight is calculated as (length × width × height) / (dimensional factor). Measurements can be made all in inches or all in centimeters ...

3. Freight rate - Wikipedia

   en.wikipedia.org/wiki/Freight_rate

   Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.

4. Tonnage - Wikipedia

   en.wikipedia.org/wiki/Tonnage

   Tonnage. Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship. Although tonnage (volume) should not be confused ...

5. Incoterms - Wikipedia

   en.wikipedia.org/wiki/Incoterms

   Incoterms 2020 is the ninth set of international contract terms published by the International Chamber of Commerce, with the first set having been published in 1936. Incoterms 2020 defines 11 rules, the same number as defined by Incoterms 2010. [6] One rule of the 2010 version ("Delivered at Terminal"; DAT) [7] was removed, and is replaced by a ...

6. Worldscale - Wikipedia

   en.wikipedia.org/wiki/Worldscale

   Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.

7. Bunker adjustment factor - Wikipedia

   en.wikipedia.org/wiki/Bunker_adjustment_factor

   Bunker adjustment factor, bunker surcharge or BAF refers to the floating part of sea freight charges which represents additions due to oil prices. [1] BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route . The European Commission banned Carrier Conferences as of October 17, 2008.