Ocean Freight Calculations and Completing Ocean Bills of Lading

Answer the following questions with respect to the shipment described on the following page. Show the calculations:

1. Will this shipment be an FCL or LCL shipment?

1. What is the total weight and what is the total CBM for this shipment?

1. Based on the total weight and total CBM of this shipment, how many and what type(s) of containers will you need?

1. Based on your calculations for this shipment, what will your total bill be to your client?Provide a breakdown of all charges and quote in Canadian funds.

1. Prepare an ocean bill of lading, to order of consignee, for this shipment.

Bills of Ladings Required for Letters of Credit

Please note that there are special considerations when preparing a negotiable B/L based on letter of credit instructions. Proper "loaded on board" notations, trans-shipment considerations, valid signatures and endorsements, as well as a flawlessly prepared B/L are required in order for the banks to accept it. The rules and regulations as set out in UCP 600 are explained in detail in the International Payments Chapters of the Essentials of Freight Forwarding Program.

Shipment Details:

x 40 crates of automotive partsx The dimensions of each crate are 4.5 ft L x 4.5 ft W x 3.5 ft Hx The weight of each crate is 1,000 kg.

Shipper:		ABC Automotive Inc.
		123 Jarvis Avenue
		Toronto, Ontario
		G5G 7J8
Consignee:		Autovroon Ltd.
		456 Postbus Avenue
		Rotterdam, Holland 09900
Routing:		Canada Trucking from Toronto to Montreal; Canadian Mediterranean Line Montreal to Rotterdam, Voyage 14E on board SS Star; Dutch Delivery in Rotterdam to be arranged by the Consignee.
Terms of Trade:	Door Toronto the port of Rotterdam, Holland.

You have quoted the following prices:

Exchange rate 1 USD =1 CAD

Ocean Freight:

20-ft standard containers: USD $2,900.00 each container

40-ft standard containers: USD $4,300.00 each container

LCL cargo: USD $95.00/m³

Inland pickup and delivery from Toronto to Montreal Terminal:

20-ft standard container:	CAN $350.00 each container
40-ft standard container:	CAN $400.00 each container
LCL cargo:	CAN $10.00/m3
Forwarder's fees:	CAN $55.00 per container
Documentation:	CAN $55.00 a shipment

CALCULATIONS

CRATES DIMENSION

Length 4.5 ft

Width 4.5 ft

Height 3.5 ft

The weight of each crate is 1,000 kg.

1. Weight of the shipment

40 crates x 1000 kg = 40,000

The weight of this shipment is 40 MT

1. Volume of this shipment

( 4.5 x 4.5 x 3.5) x