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Bulk cargo shipping operations

Bulk cargo shipping operations

Import goods from the world's major ports that transport bulk bulk cargo to Chinese ports (Tianjin, Guangdong, Qingdao Port), and export goods from Chinese ports (Tianjin, Liaoning Bayuquan, Yingkou, Qinhuangdao Port). Common product names and means of transport for bulk cargo transportation: The main commodities imported for bulk bulk cargo include coal, ore sand, grain, fertilizer, feed, barley and other products, and coke, bauxite and other products for export. The main means of transportation: the whole ship is transported by sea, and it is also chartered. The value of commodities involved in the chartering business is low. According to the price terms of CIF and FOB in the trade of goods, the charterer is determined. There are three types of charter transportation: fixed journey charter (also known as voyage charter), time charter (referred to as time charter), bareboat charter, freight The chartering business involved in the company is mainly voyage chartering. Pay the agreed freight to the owner.
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Bulk cargo shipping operations

1. Scope of transportation

Import goods from major ports in the world that transport bulk bulk cargo to Chinese ports (Tianjin, Guangdong, Qingdao Port), and export goods from Chinese ports (Tianjin, Liaoning Bayuquan, Yingkou, Qinhuangdao Port). Common product names and means of transport for bulk cargo transportation: The main bulk commodities imported are coal, mineral sand, grain, fertilizer, feed, barley and other products, and coke, bauxite and other products are exported. The main means of transportation: the whole ship is transported by sea, and it is also chartered. The value of commodities involved in the chartering business is low. According to the price terms of CIF and FOB in the trade of goods, the charterer is determined. There are three types of charter transportation: fixed voyage charter (also known as voyage charter), time charter (referred to as time charter), bareboat charter, freight The chartering business involved in the company is mainly voyage chartering. Pay the agreed freight to the owner.

2. Mode of transportation:

The whole ship is divided into: Panamax (below 70,000 tons) and Cape of Good Hope (more than 80,000 tons).

3. Transportation Procedures

1. Receive inquiries from customers; when customers inquire about chartering transportation, they should ask customers about the following issues.​​

(1) Mode of transportation: Panamax and Cape of Good Hope;

(2) The port of shipment and the port of discharge;

(3) The name and quantity of the goods;

(4) Loading rate and unloading rate;

(5) Waterlines of loading and unloading ports;

(6) Estimated shipping time;

(7) Customer unit name, contact person, telephone, telex, e-mail, fax, etc.

After understanding this information, inform the customer, the freight company will report the freight of the chartered ship as soon as possible, as well as the cost of customs declaration and shipping at the port.

2. Know the time of loading and unloading ports of users

After the user and the freight company have identified the transport agent and the customs declaration agreement, the user will be notified in advance to provide the required full set of customs declaration documents according to the time when the ship arrives at the unloading port.

3. Time limit for import declaration: declaration within 14 days from the date when the means of transport is declared to enter the country, overdue customs certificate will be charged a late declaration fee, if the tax is not paid within 14 days of the tax bill, the customs will impose a late fee.

4. Inspection application procedures: inspection application - payment of commodity inspection fee - entry and exit customs clearance form - water gauge measurement - sampling test - quality certificate

Customs declaration procedures: declaration - inspection - taxation - release - customs clearance

5. Customs declaration and inspection documents

Documents for inspection application: power of attorney for inspection application, inspection application form, contract, invoice, foreign water gauge weight list, quality certificate.

Customs Declaration Documents: Customs Power of Attorney, Customs Declaration Form, Contract, Invoice, Weight List, Commodity Inspection Customs Clearance Form, Insurance Policy, Copy of Letter of Credit.

4. Payment of chartering freight

The payment of the chartering freight is not necessarily synchronized with the terms of the contract, and should be determined according to the charter contract identified with the shipowner.

1. CIF and CNF terms: pay freight and redeem bill of lading on the day of departure

2. FOB terms: the freight shall be paid within 10 days after the ship sails, or the freight shall be paid after the ship arrives at the destination port.

5. Calculation of taxes and fees

Import duties are mainly paid in CIF price terms, and both CNF and FOB price terms must be converted into CIF prices for duty payment when calculating tariffs.

Import duty: dutiable price X duty rate

Import VAT: (dutiable price + customs duty) X VAT. The export duty is to pay the export duty according to the products indicated in the Customs Commodity Tariff.

6. The statutory fees are: customs duties, value-added tax, and commodity inspection fees.

7. Port Transshipment Time

After paying the customs duties at the opening bank, the customs will send a copy of the customs payment book to the customs, and the customs will stamp the release stamp on the bill of lading through the customs payment statement. The road plan is completed, and the bill of lading is released to the port business office.
 
8. Examples
Description of the condition of the goods.
Product name: coal (thermal coal), quantity: 162662, contract value: USD4759490.12, ship introduction: ship name: LOWLANDSGLOR, LOA (full length): 289 meters, BEAM (width) 45 meters, DRAFT (draft): 17.8 meters , Hatch: 9, Description of loading situation; Loading port: GLADSTONE, Australia, Loading date: February 17, 2002, Departure date: February 21, 2002, Arrival at anchorage: 3 22:00 on March 6, berthing day: 14:00 on March 9, departure day: early morning on March 14, operating time: 14 days. The comprehensive rate of customs duties is 19.78%, trade terms: CIF QINGDAO.
 
Operation process:
Settlement of foreign exchange by letter of credit: Since the settlement of foreign exchange by letter of credit means that after the goods are shipped, the bill of lading and inspection and other related documents are presented through the bank and it takes a long time for the redemption. The original documents have not yet arrived when the ship arrives at the port. Before the goods arrive at the port, notify the user to fax the copy of the full set of customs declaration documents required by the port to the customs declaration unit, and the customs declaration unit will apply for inspection according to the documents provided. Let the commodity inspector issue an entry customs clearance form, and when the goods arrive at the anchorage and berth, the commodity inspector will go to the port to take a water gauge measurement, and the captain will send the first manifest data to the ship according to the bill of lading. After completing the draft data, the captain will issue a direct shipping bill to the ship, and the customs declaration unit will go to the ship to replace the D/O bill according to the original bill of lading. If the original bill of lading does not arrive, the shipping agency negotiates with the owner to unload the goods with a letter of guarantee, and the unloading does not affect the advance declaration.
When the copies of the full set of customs declaration documents are complete, apply to the customs for advance customs. The customs will inspect the goods on the spot according to the declared goods documents, and determine the tax according to the data provided in the face-to-face manifest, and issue a tax payment bill. The paying unit pays the customs duty according to the designated account and then submits the customs bill to the customs, and the customs affixes the release seal on the bill of lading according to the bill of payment.

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Company: Shenzhen Compaq International Freight Forwarding Co., Ltd
Tel:
86-755-82779980
Fax: 86-755-82785462
Contact: Mr. Li
E-mail:  
info@compass-sz.com

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