THC CCTL THC CCTL
Definition
Terminal Handling Charge (THC) at Chennai Container Terminal Ltd (CCTL) in India represents a crucial component of the logistics cost structure associated with containerized shipping. This charge is levied for the handling services provided within the terminal, encompassing the unloading of containers from the vessel onto the dock, their movement within the terminal, and subsequent loading onto trucks or trains for further transport. The THC is collected by the terminal operator, in this case, Chennai Container Terminal Ltd, and is typically paid by the shipping line, which often passes it on to the freight forwarder or directly to the cargo owner as part of the overall shipping cost.
The application of THC is essential in scenarios involving the import or export of goods through the Chennai port. It is calculated based on various factors including the type and size of the container, whether the handling involves specialized equipment, and the specific services rendered. Distinct from other charges such as demurrage, which relates to the storage of containers beyond the free period, THC is strictly associated with the physical handling processes at the terminal.
In practical terms, it is vital for logistics professionals to accurately estimate THC as part of the comprehensive shipping cost to avoid any unexpected expenses and to ensure smooth operations. It’s important to coordinate closely with shipping lines and terminal operators to understand the specific THC rates applicable, as these can vary based on contractual agreements and operational circumstances. Being aware of these nuances can significantly enhance cost management and operational efficiency within the supply chain.
Summary
THC at Chennai Container Terminal Ltd (CCTL) in India.