Ocean and Sea Freight Forwarding Flashcards
7 cards from real Ocean Sea Freight practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Ocean and Sea Freight Forwarding flashcards as text
What does the term 'FCL' stand for in ocean freight shipping?
Answer: Full Container Load
FCL means Full Container Load, where a shipper leases an entire container for their exclusive use.
A shipper needs to transport 5 cubic meters of cargo. Which ocean freight mode is most cost-effective?
Answer: LCL
LCL (Less than Container Load) is ideal for small shipments that don't fill an entire container, sharing space and cost with other shippers.
Which document serves as the contract of carriage between the shipper and the ocean carrier?
Answer: Bill of Lading
The Bill of Lading (B/L) is the primary document that serves as a receipt, contract of carriage, and document of title in ocean freight.
What is a 'demurrage' charge in ocean freight?
Answer: A penalty for keeping a container beyond the free time at the port
Demurrage is a penalty fee charged when a shipper or consignee keeps a container at the port terminal beyond the allowed free time.
What does 'ETA' stand for in shipping terminology?
Answer: Estimated Time of Arrival
ETA stands for Estimated Time of Arrival, indicating when a vessel or shipment is expected to reach its destination.
Which Incoterm places maximum responsibility on the buyer in an international ocean shipment?
Answer: EXW
EXW (Ex Works) places the minimum obligation on the seller, meaning the buyer is responsible for all transportation, insurance, and export/import clearance.
What is the primary purpose of a freight forwarder in ocean shipping?
Answer: To act as an intermediary arranging shipment logistics on behalf of shippers
A freight forwarder coordinates and arranges international shipments on behalf of shippers, handling documentation, booking, and logistics.