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Lift up to 11 ton - 19 Ton LTU

Abbreviation
LTU
Short code for this term
Category
Fees & Surcharges
Ocean freight fee type
Index
L
Alphabetical index letter

Definition

The "Lift up to 11 ton - 19 Ton" fee, abbreviated as LTU, is a specialized charge applied in the logistics and freight handling sectors, particularly in the context of port operations and cargo handling facilities. This fee is associated with the mechanical lifting services required to handle cargo weighing between 11 and 19 tons. The necessity for such a fee arises due to the complex and resource-intensive nature of moving heavy loads, which demands specialized equipment such as cranes and trained personnel to ensure safe and efficient operations.

Typically, the LTU fee is levied by port authorities or terminal operators and is payable by the shipping line, freight forwarder, or consignee, depending on the terms stipulated in the shipping agreement. The fee structure is usually determined based on the weight category of the cargo, making it essential for shippers and forwarders to accurately declare cargo weights to avoid discrepancies and potential penalties.

The LTU fee is distinct from other handling charges such as stevedoring fees or container handling charges, which may cover broader aspects of cargo handling. It specifically targets the lifting component, emphasizing the additional resources and safety measures required for handling heavier loads.

In practice, logistics professionals must be vigilant about the accurate classification of cargo weights and ensure that all necessary documentation is precise to facilitate smooth operations. Furthermore, they should be aware of any specific conditions or variations in fee structures at different ports, as these can influence overall shipping costs. Proper planning and clear communication with all parties involved are crucial to effectively manage and anticipate the expenses associated with the LTU fee.

Summary

Lift fee for cargo between 11-19 tons.