What is OTHC charge?
Origin Terminal Handling (OTHC) are charges made by the terminal operator in regards to container movements, for example: Before departure. From the seller’s vehicle to the stack. Departing Conveyance. At the destination.
What does OTHC mean in shipping terms?
Ocean Charges
| Abbr | Name |
|---|---|
| CUS | CUSTOMS ENTRY |
| DOC | DOCUMENTATION |
| OFUE | ORIGIN FUEL SURCHARGE |
| OTHC | ORIGIN TERMINAL HANDLING |
Who pays OTHC?
Origin THC (OTHC) and Destination THC (DTHC) are paid by the client (seller or buyer) depending on their terms of sale, either directly to the port or to the carrier depending on the port of origin/destination.
What are Dthc charges?
What are Destination Terminal Handling Charges (DTHC)? Refers to the charges to lift a shipping container on or off of a vessel in port.
Who pays terminal handling charges in CIF?
the seller
In each case the seller arranges and pays for the transport of the container to the named place, which we will assume is the container terminal. (If the named place is elsewhere – the buyer’s warehouse, for example – then the situation is straightforward, all terminal handling charges will be paid by the seller.)
What is muc export?
The Mandatory User Charge (MUC) of Rs. 145 /- per container (20′ &40′) + GST will be levied on all containers (except transshipment and coastal) handled for all the terminals at Chennai Port trust, Krishnapatnam Port & Vizag Port w.e.f 01st November 2018.
What is a handling fee?
A handling fee is an additional charge explicitly added at checkout on top of the product price, taxes, and shipping costs. You can charge a handling fee if you want to cover the cost of any additional expenses related to the order fulfilment, e.g. shipping materials, gift wrap, parcel insurance, rush delivery, etc.
Who charges terminal handling charges?
In each case the seller arranges and pays for the transport of the container to the named place, which we will assume is the container terminal. (If the named place is elsewhere – the buyer’s warehouse, for example – then the situation is straightforward, all terminal handling charges will be paid by the seller.)
Who pays terminal handling charges fob?
the buyer
FOB freight collect specifies that the buyer must pay the freight transportation charges when the buyer receives the goods.
Who pays terminal handling charges in DAP?
DAP, short for Delivered at Place, makes sellers responsible for all charges and risks in transit until goods reach an agreed-upon destination, at which point buyers assume responsibility for their shipments.
Who pays terminal handling charges in CFR?
Terminal Handling Charges are present at Origin, Trans-shipment and Destination ports. The seller or buyer pay the Origin THC (OTHC) and Destination THC (DTHC). These two parties already have a contract signed as to who will pay which charges.
Should I charge handling fee?
Handling charges help you maintain your profit margins and cover the additional costs of making sales. If factors like inventory carrying costs , expenses for packaging materials, and labor hours for order fulfillment haven’t been accounted for, you’ll need to charge handling fees.
What are OTHC and dthc charges?
Origin Terminal Handling Charges are paid for port services before a vessel departs the origin port. OTHC charges are collected by the terminal operator in regards to container movements from the seller’s truck to the vessel. DTHC are collected at the port of arrival.
Will the export terminal handling charge (OTHC) be increased?
CMA CGM wish to advice that effective September 15th 2016, Export Terminal Handling Charge (OTHC) will be increased as below: Should you have any enquiries, please do not hesitate to contact the CMA CGM customer service team on the following number.
What does OTCh stand for?
ORIGIN TERMINAL HANDLING CHARGE (OTHC) Home / CM Tooltip Glossary Pro+ / ORIGIN TERMINAL HANDLING CHARGE (OTHC) ORIGIN TERMINAL HANDLING CHARGE (OTHC) January 16, 2017. Used to describe the charges raised by the Port of Arrival or Port of Discharge to lift the container onto or off the vessel. « Back to Glossary Index.
What is terminal handling charge (THC)?
Terminal Handling Charge, as the name suggests, is a charge levied by a port terminal for the handling of cargo at a specific terminal within a specific port in a specific country.