Page 137 - Export and Trade

Glossary

container service as follows: Delivered Duty Unpaid or Delivered new lines of goods it would be wise to
• FCL/FCLloadedbyshipper,unloaded 'XW\ 3DLG $V WKH VKLSSHU \RX DUH consult the NZ Customs website.
by consignee. responsible for all costs that may be
Quantitative, non-tariff trade
• FCL/LCL loaded by shipper, unloaded incurred through to the buyer’s barriers (quotas)
by shipping organisation. warehouse, including customs clearance
A quantitative trade barrier or quota
• LCL/FCL loaded by shipping on arrival, inwards wharfage, charges ZKLFK SODFHV D ¿QLWH OLPLW RQ WKH
organisation, unloaded by consignee. DFURVV WKH SRUW VRUWLQJ DQG VWDFNLQJ
quantities of goods which may be
• LCL/LCL loaded by shipping GXW\ LI DSSOLFDEOH VDOHV WD[ FDUWDJH imported into (or in some cases
organisation, unloaded by shipping and return of the empty container. In
H[SRUWHG RXW RI D FRXQWU\ HDFK \HDU
organisation. your negotiation with the buyer, be sure It is most commonly seen in the form
to obtain their agreement to unload
Free at Wharf Gate (FAWG) of an import quota, which places
Loading Port/Discharge Port the container when it arrives at the VSHFL¿F OLPLWV RQ WKH TXDQWLWLHV RI
store, ensuring that they have suitable
An expression that is sometimes equipment, e.g. a low-mast fork hoist, imports, by product type, and in
used in the Trans-Tasman trade some cases, product origin.
to do so.
because the Trans-Tasman service Quantitative trade barriers are usually
sea freight rates include wharfage The Australian authorities will also controlled through a system of
and wharf-handling charges at both make random quarantine checks which LPSRUW RU H[SRUW OLFHQVLQJ ZKHUHE\
ends. Hence if you are quoting a will involve additional costs (fumigation, LPSRUWHUV DQG H[SRUWHUV DSSO\
Sydney buyer and you are responsible WDLOJDWH LQVSHFWLRQ HWF DQG ZLWK D DQQXDOO\ IRU D SRUWLRQ RU TXRWD RI WKH
for paying freight, you would not FIS sale you would be responsible for overall allowable limit. This licence must
quote a standard CIF Sydney price payment of these costs. It is obvious, be presented to Customs before any
but a FAWG Sydney price. For this, therefore, that before quoting FIS it is shipment will be permitted to pass into
the buyer’s cargo would be presented necessary to carry out a detailed study or out of the country.
consolidated on the truck at the of all the elements involved.
Shipper’s Receipt
WKHRUHWLFDO ZKDUI JDWH DW 6\GQH\ Freight Prepaid/Freight Collect An alternative to a bill of lading used in
with all port charges (but not duty
Freight Prepaid means freight paid consolidation of container shipments, it
or customs clearance, or delivery by shipper prior to release by does not give legal title to the goods.
RUGHU IHHV SDLG 5HPHPEHU LI \RX
shipping company of negotiable bills
are competing against a third country of lading. Freight Collect means the Straight Bills of Lading
supplying CIF, your quotation includes (not a document of title)
shipping company collects freight
VLJQL¿FDQW SRUW FRVWV ZKLFK \RX from the consignee or his A straight bill of lading is one that
are paying for as part of the sea is not needed by the consignee
representative. This usually has to
freight on the Trans-Tasman trade. be arranged in advance, and is not LPSRUWHU WR WDNH SRVVHVVLRQ RI WKH
Similarly, if the buyer is paying the goods from the carrier, not consigned
available to some destinations. Always
freight, you quote them FAWG consult with the shipping company prior to order but direct to the consignee
New Zealand port, not FOB or FAS. LPSRUWHU $OO WKDW LV UHTXLUHG LV WKDW
WR FRQ¿UPLQJ VDOHV E\ WKLV PHWKRG
The freight they pay includes the the consignee named on the bill of
costs of moving the cargo from the (FULL) Liner Terms/Berth Terms lading take possession of the goods.
entrance of the terminal into the ship. $ OLQHU RU EHUWK WHUP VKLSSLQJ UDWH Tariff
The expression FAWG does not indicate indicates that the shipping company
whose responsibility marine insurance will organise stevedoring onto and $ WDULII RU WDULII VFKHGXOH LV D OLVW RI
is, one way or the other. This should out of the ship. This is the standard WD[HV RU ³GXWLHV´ OHYLHG E\ D
therefore be negotiated separately, type of freight rate for most ships government on the import (and
DQG FOHDUO\ VSHFL¿HG LQ FRQWUDFWV DQG picking up general cargo. It applies, VRPHWLPHV H[SRUW RI LWHPV IURP
invoices. especially, to any containerised other nations. Tariffs may be levied on
cargo but not always to bulk-break selected products or groups of products
Free Into Store (FIS) or may apply across all products, and
ORRVH FDUJR DQG WKHUHIRUH \RX VKRXOG
Whilst this is a price basis rather than they may differ for goods from different
check with shipping/forwarding agents.
a shipping term or an Incoterm, it is FRXQWULHV 7DULI¿QJ UDLVHV WKH ¿QDO
included because it is commonly used Import Entry landed cost of imports to consumers
in sales to Australia. (The correct A similar process to the Export Entry. within the importing country and
Incoterms are DDU or DDP ie, Prior to making arrangements to import should curb local demand for imported
NZ Export & Trade Handbook 2018 135