Ocean Freight rate must cover all of the cost. The cost of providing such services will cover actual
A. CAF B. BAF C. Commission D. H/C
A. CAF B. BAF C. Commission D. H/C
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
Ocean freight rate may be broadly divided into()
A. tramp rates
B. liner freight rates
C. class rates
D. general cargo rates
A.A. Tramp rate including( ).
B.B. fixed cost
C.C. variable cost
D.D. insurance cost
E.E. fuel cost
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.
0cm x 30cm x 40cm; gross weight is 25 kilogram per case. Freight standard charged for the shipments is W/M 10 Degree and the basic freight rate is HKD388 per ton. Besides, additional charges , such as Bunker Adjustment Factor (BAF) is 30o-/o and Port Congestion Surcharge is 10% . Could you please calculate how much the total freight is?
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