Ocean freight rate may be broadly divided into()A. tramp ratesB. liner freight ratesC. cla
Ocean freight rate may be broadly divided into()
A. tramp rates
B. liner freight rates
C. class rates
D. general cargo rates
Ocean freight rate may be broadly divided into()
A. tramp rates
B. liner freight rates
C. class rates
D. general cargo rates
Ocean freight broadly may be divided into ()
A. tramp freight rate
B. Non-conference liner freight rate
C.liner freight rate
D. NVOCC freight rate
A.A. Tramp rate including( ).
B.B. fixed cost
C.C. variable cost
D.D. insurance cost
E.E. fuel cost
A. CAF B. BAF C. Commission D. H/C
With the following information, please quote the unit price on CFRC3 and CIFC3 basis (in USD per set) respectively. Jiqing Export Company offered 400 dozen mens down jackets to an American company. The jackets were purchased at CNY 225 per piece (13% VAT included, tax refunded at the rate of 13%). The charges and expenses involved in the whole transaction included: Inland transport charge: CNY 1200 Commodity certification charge: CNY 200 Export clearance charge: CNY 100 Warehousing charge: CNY 500 Other charges: CNY 700 Ocean Freight: USD 1,020 from Qingdao to NEW YORK Commission: 5% of invoice value Insurance should be covered for 110% of the invoice value at the rate of 0.6%. The expected profit was 10% of the invoice value and the current foreign exchange rate is CNY 7.00/USD.
Jinqi Trade Co., Ltd. offered a 20' container of table wares to a Canada company. The table wares are packed in cartons of 4 sets each and a 20' container can hold around 520 cartons. The wares were purchased at RMB 150.00 per set (16% VAT included, tax refunded at the rate of 13%). The wares were purchased with loan from bank for 90 days at the annual rate of 4.8%. The expected expenses for inland transport, inspection and custom clearance for export, warehousing and other charges are CNY 900.00, CNY 200.00, CNY 950 and CNY 1,300 respectively. Bank charges at 0.5% of the invoice value. Ocean freight for a 20' container is USD 1,250.00 from Dalian to Vancouver. Insurance is to be effected for 110% of the invoice value, and the premium rate is 0.6%. The expected profit was 10% of the sale price and the current foreign exchange rate is CNY 6.50/USD. (1) Please calculate the CIF price for Company A. (2) Please write down the unit price in English.
China's Company A intends to make a selling offer for 1,000 pieces of men's shirts, 100% cotton, with 5% commission included, under CIF Los Angeles. The shirts will be purchased from a domestic supplier at CNY 76.00 per set (included 13% VAT). Tax will be rebated at 13% for export. The shirts are to be purchased with loan from bank for 60 days at the annual rate of 5%. The expected expense for domestic transport, inspection, custom clearance, port affairs, public relations are CNY 1,200, CNY 200, CNY 100, CNY 1,200, and CNY 1,000 respectively. Bank charges at 0.5% of the involved amount in international settlement. Ocean Freight and insurance premium for each piece are USD 1.45 and USD 0.6 respectively. The expected profit on sales is 10%. The exchage rate is CNY 7.12 for each US dollar. (1) Please calculate the price for Company A. (2) Please write down the unit price in English.
Calculate liner freight for this example 计算班轮运费 A Chinese trading company signed a sales contract with a British importer for exporting 1,000 cases of canned peach from Qingdao to Felixstowe in the UK. Each case contains 24 cans of canned peach and the gross weight of each case is 14kg. The dimensions of each case is 30cm*25cm*20cm. According to the Scale of Commodity Classification, the basis for canned fruits is W/M and the class is 10. From the Basic Freight Rate by Class (in US$) From Qingdao to Felixstowe, we see the basic freight rate is USD$100 per freight ton and bunker adjustment factor is the surcharge applies to the shipment and it is 20 per cent of the basic freight rate. Questions: Please calculate the total freight for this shipment of canned peach. Clearly showing each step of calculation is appreciated.
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