How are various costs incurred in container shipping from China to Philippines?
How are various costs incurred in container shipping from China to Philippines?
With the development of globalization, international trade has become an important driving force for economic growth in various countries. At the same time, sea freight, as the most important mode of international cargo transportation, has also been increasingly applied. For Chinese exporters, the Philippines, as one of the important markets in Southeast Asia, has consistently maintained a high level of demand for sea freight.
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Reason for cost generation
1. Shipping company costs
Shipping companies are one of the main service providers in the maritime industry. They need to purchase ships, repair ships, pay personnel salaries, and so on. These are all the reasons why shipping company costs have led to price increases.
2. Port service fee
Port services are an essential part of the import and export process of goods. Port services include unloading and loading, stacking, operation, customs clearance and other links, and each link requires a corresponding service fee.
3. Verification and certification fees
During the export process, Chinese government departments need to verify and certify the exported goods to ensure their quality and legality. These inspection and certification fees will also account for a certain proportion of the cost composition.
4. Insurance premiums
During the sea transportation process, there is a risk of damage, loss, and other risks to the goods, so exporters need to purchase sea insurance to protect their own interests. The insurance cost is borne by the exporter.
Cost composition
1. Basic transportation cost
Basic transportation fees refer to the basic service fees charged by shipping companies, including port loading and unloading, inland transportation, routes, etc. These service fees are usually calculated based on different factors such as the size, weight, and type of goods of the container.
2. Port miscellaneous fees
Port miscellaneous fees include various unavoidable miscellaneous expenses, such as refueling, maintenance, etc. These expenses are usually borne by the shipping company or port management department.
3. Document processing fee
Document processing fee refers to the service fee charged by relevant departments for the import and export procedures of goods. These procedures include the processing of documents such as Customs declaration and bill of lading.
4. Transportation insurance premium
During sea transportation, there are risks to the goods, and in order to prevent loss or damage to the goods, it is necessary to purchase relevant sea transportation insurance. Normally, the insurance cost is borne by the exporter.
How to save costs
1. Choose a suitable shipping company
When choosing a shipping company, multiple factors such as price, service quality, and transportation time should be comprehensively considered. At the same time, attention should be paid to whether the shipping company has a good reputation and reputation.
2. Optimize cargo packaging
In the process of sea transportation, the packaging of goods is very important. Reasonable packaging can reduce the risk of loss and damage to goods, thereby reducing insurance costs.
3. Arrange logistics plans in advance
Arranging logistics plans in advance can help exporters better control the entire transportation process and handle various problems and emergencies in a timely manner. This can avoid additional costs caused by delays and other issues.
4. Reduce port stay time
The longer the port stays, the higher the port miscellaneous fees that need to be paid. Therefore, minimizing port stay time as much as possible can effectively reduce cost expenses.
The various costs of container shipping from China to the Philippines are composed of shipping company costs, port service fees, inspection and certification fees, and insurance fees. In order to save shipping costs, exporters can choose suitable shipping companies, optimize cargo packaging, arrange logistics plans in advance, and minimize port stay time as much as possible.
