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Freight rate. A freight rate (historically and in ship chartering simply freight[ 1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Ship-owners and buyers negotiate scrap prices based on factors such as the ship's empty weight (called light ton displacement or LTD) and prices in the scrap metal market. [70] Scrapping rates are volatile, the price per light ton displacement has swung from a high of $650 per LTD in mid-2008 to $200 per LTD in early 2009, before building to ...
Vessel Finder. Retrieved 12 January 2024. ^ "MSC Tessa breaks the record for the world's largest container ship with a capacity of 24,116 TEU". www.phaata.com. Retrieved 2 November 2022. ^ "MSC TESSA, Container Ship - Details and current position - IMO 9930038 - VesselFinder". www.vesselfinder.com. Retrieved 18 April 2023.
Cargo ships are categorized partly by cargo or shipping capacity , partly by weight (deadweight tonnage DWT), and partly by dimensions. Maximum dimensions such as length and width ( beam ) limit the canal locks a ship can fit in, water depth ( draft ) is a limitation for canals, shallow straits or harbors and height is a limitation in order to ...
ISO 668 – Series 1 freight containers – Classification, dimensions and ratings is an ISO international standard which nominally classifies intermodal freight shipping containers, and standardizes their sizes, measurements and weight specifications. [ 1] The current version of the standard is the Seventh edition (2020), which integrates ...
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