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A cargo net being used to unload sacks from a ship at Haikou New Port, Haikou City, Hainan, China.. A cargo net is a type of net used for transferring cargo to and from ships. . It is usually square or rectangular, but sometimes round, made of thick rope, with cinch ropes extending from the corners, and in some designs, the edg
Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods.
The freight derivatives market for dry cargo vessels saw a big increase in traded volumes in 2021. Dry forward freight agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in the dry market hit an all-time high of 409,255, up 25% on the previous year.
Net register tonnage (NRT, nrt, n.r.t.) is a ship's cargo volume capacity expressed in "register tons", one of which equals to a volume of 100 cubic feet (2.83 m 3).It is calculated by subtracting non-revenue-earning spaces i.e. spaces not available for carrying cargo, for example engine rooms, fuel tanks and crew quarters, from the ship's gross register tonnage.
Out of gauge cargo – For most international shipping, cargo that cannot be packed within a 40' high cube container is out of gauge. It may be possible to pack such cargo in specialty containers. Open top containers are suitable for too-tall cargo and flat rack containers can accommodate over height, over width or over weight cargo.
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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services), which uses an estimated weight that is calculated from the length, width and height of a package.
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