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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.

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  1. What is a 'Telex Release' (also called Surrender B/L) in ocean freight?

    Answer: A method of electronically releasing cargo without a paper original Bill of Lading

    A Telex Release allows cargo to be released at destination without presenting the original Bill of Lading, by surrendering it at origin and notifying the destination agent.

  2. What does 'CFS' stand for in the context of ocean freight LCL shipments?

    Answer: Container Freight Station

    A Container Freight Station (CFS) is a facility where LCL cargo is consolidated into containers or de-consolidated upon arrival.

  3. Which surcharge compensates ocean carriers for fluctuating fuel costs?

    Answer: BAF (Bunker Adjustment Factor)

    The Bunker Adjustment Factor (BAF), also called Fuel Surcharge, is added to freight rates to offset volatile bunker fuel prices.

  4. An ocean shipment arrives with visible damage to the container. What should the consignee do first?

    Answer: Note the damage as an exception on the delivery receipt before signing

    Noting exceptions on the delivery receipt before signing is essential to preserve the right to file a cargo claim against the carrier.

  5. What is the standard container size most commonly used in global ocean freight?

    Answer: 40-foot standard

    The 40-foot standard dry container is the most widely used container size in international ocean freight globally.

  6. What does 'transhipment' mean in ocean freight routing?

    Answer: Transfer of cargo from one vessel to another at an intermediate port

    Transhipment occurs when cargo is offloaded from one vessel and loaded onto another at an intermediate hub port before reaching its final destination.

  7. Under which Incoterm does the seller pay freight and insurance to the destination port, with risk transferring at the origin port of loading?

    Answer: CIF

    Under CIF (Cost, Insurance, and Freight), the seller pays freight and cargo insurance to the destination port, but risk transfers to the buyer when goods pass the ship's rail at origin.