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Shipping prices & costs

How to calculate shipping container prices, costs, and ocean freight surcharges

How to understand ocean freight quotes

There is tremendous work that goes into shipping a merchandise. Those unfamiliar with the sector and looking to understand it find themselves struggling to handle the steep learning curve. Terms, …

What is a GRI (General Rate Increase)

In ocean freight, GRI stands for General Rate Increase, is the adjustment (normally an increase) of container shipping rates across shipping routes by shipping lines. As a shipper, it’s …

What are demurrage, detention, and per diem fees?

International shipping is a complex subject that includes many variables. Proper handling paves the way for a reliable and cost-effective management of your ocean freight shipment. That’s …

What is SOLAS VGM

What is the SOLAS VGM? The SOLAS VGM (Verified Gross Mass) is the declaration of the accurate gross mass of a packed container under the International Convention for the Safety of Life at Sea (SOLAS). …

Shipping insurance

Shipping insurance iContainers recommends always purchasing shipping insurance to protect you and your merchandise from the unexpected. Whether you’re sending your shipment via FCL shipping or …

What is included in a Full Container Load (FCL) price?

In ocean freight shipping, the full container load or FCL price is composed of several elements. It generally includes the basic freight price, bunker adjustment factor, and currency adjustment …

LCL import price calculation

How to calculate LCL import prices LCL import prices depend largely on the party who pays for the freight and chooses the shipping company. As with all international trade processes, Incoterms …