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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.
Deadweight tonnage is a measure of a vessel's weight carrying capacity, not including the empty weight of the ship. It is distinct from the displacement (weight of water displaced), which includes the ship's own weight, or the volumetric measures of gross tonnage or net tonnage (and the legacy measures gross register tonnage and net register tonnage).
The net tonnage calculation is based on a number of factors, one of which is the moulded draft d.The choice of the value to use for d can be complicated. For ships subject to the International Convention on Load Lines, the Summer Load Line draft is used, with the exception of cases where that is a timber load line.
It is the displacement of the ship complete, fully manned, engined, and equipped ready for sea, including all armament and ammunition, equipment, outfit, provisions and fresh water for crew, miscellaneous stores, and implements of every description that are intended to be carried in war, but without fuel or reserve boiler feed water on board." [11]
Used mainly to determine the minimum water depth for safe passage of a vessel and to calculate the vessel's displacement (obtained from ship's stability tables) so as to determine the mass of cargo on board. Draft, Air – Air Draft/Draught is the distance from the water line to the highest point on a ship (including antennas) while it is ...
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, but the appropriate shipping factor must also be used.
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Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by water is cheaper than transport by air or ground, [1] but significantly slower for longer distances.
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