An e-manifest is an electronic system used to record and transmit digitally the shipping manifest data. Traditionally, manifests were paper-based documents accompanying shipments that tracked cargo, met regulatory requirements, and provided proof of delivery.
The Currency Adjustment Factor (CAF) is a charge that shipping companies add to freight rates to account for changes in exchange rates between different currencies. When you buy products from other countries, shipping companies have to deal with multiple currencies – like the US Dollar (USD), the Euro (EUR), or the Japanese Yen (JPY) – to cover their costs.
demurrage is a fee levied by a shipping line when the cargo remains at the port for longer than the free time stipulated in the shipping contract. Free time is essentially the grace period given to businesses to load or unload their cargo without facing penalties.
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