Ocean Freight

Ocean Freight is a fundamental component of global trade, representing the transportation of goods via sea routes between ports. It involves the movement of cargo in containers or as breakbulk, utilizing ocean vessels operated by shipping lines.

Ocean Freight is a cost-effective and efficient mode of transporting large volumes of goods across international waters, connecting manufacturers, suppliers, and consumers worldwide.

Shippers can choose between Full Container Load (FCL), where a container is exclusively reserved for their goods, or Less than Container Load (LCL), where cargo from multiple shippers shares a container.

Calculating ocean freight rates involves considering various factors, including the weight and volume of the cargo, the nature of the goods, the chosen shipping route, and the specific terms agreed upon in the shipping contract. Other factors such as the type of container (Full Container Load or Less than Container Load), the distance between the origin and destination ports, and the prevailing market conditions also contribute to determining the final freight rate.