What are terminal handling charges?

Documentation is another essential aspect of THC. Ports and terminals are responsible for maintaining accurate records of all cargo movements, including its origin, destination, and any associated customs or regulatory requirements. This process ensures that the cargo complies with all necessary laws and regulations, protecting both the importer and exporter from potential legal issues.

Security is another critical element of THC. Terminals must ensure that their facilities are secure, preventing unauthorized access or tampering with cargo. This includes the use of surveillance cameras, physical barriers, and other security measures to protect against theft, vandalism, or other criminal activities.

Terminal Handling Charges (THC) represent a significant financial aspect of international trade, particularly for those involved in importing and exporting goods. These charges are levied by ports and terminals, which act as the intermediary points for the transfer of cargo between various modes of transportation.

The THC encompass a wide range of services and expenses incurred by the terminal in managing the cargo. One of the primary functions is the loading and unloading of goods from ships to land-based transportation and vice versa. This process requires specialized equipment and personnel, making it a costly endeavor.

In addition to loading and unloading, THC also covers the storage of cargo at the terminal. This service is crucial for ensuring that goods are kept SAFE and secure until they are ready for further transportation or delivery to their final destination. Storage costs can vary depending on the duration of time the cargo is held at the terminal.