Basic Ocean Freight

GLOSSARY

BOF (Basic Ocean Freight)

Basic Ocean Freight (BOF) is the charges for the service of transportation of cargo from the first port of loading to the last port of discharge. Charges are applied by container.

What is BOF(Basic Ocean Freight)?

Basic Ocean Freight (BOF) is the charges for the service of transportation of cargo from the first port of loading to the last port of discharge. Charges are applied by container.

Basic Ocean Freight under LCL cargo is calculated on the basis of per CBM (Cubic Meter) rate or per Ton (per 1000 kgs gross weight) whichever is higher. Or basic ocean freight under LCL shipment is calculated on the basis of chargeable volume of cargo.

Learn More

Related Articles:

Related Terms: