How to Calculate CBM for a Sea Shipment and Air Shipment
CBM (or cubic meter) is the standard size that international sea shippers use to calculate how much to charge for cargo that is less than a container load (LCL). A CBM is defined as 1 meter high, wide and deep. You calculate it by multiplying the three dimensions of a box, crate or pallet in metric units. For example, a box that is 0.6 m high by 0.4 m wide by 1 m deep is 0.24 CBM. A CBM is approximately 35 cubic feet.
As for air cargo, air carrier usually charge the rate for kilo. And in order to avoid the situation, where light cargo can be charged less, volume weight can be applied. The formula for calculation is like this: Width (CM) X Height (CM) X Depth (CM) / 6000 = volume weight. So if the cargo is light, and 1 CBM for example is less than 166 kilo, it will be charged the rate for 166 kilos by air carrier anyway.
USING TEU IS VERY CONVENIENT!
It’s interesting that 20 or 40 foot container became the standard only in 1964! Modern transportation cannot be imagined without containers for obvious reasons:
1.Container protects the cargo from environmental influences and ensures preservation for any mode of transportation;
2.The same container can be moved from one mode of transport to another (from ship to rail or truck) without unloading and reloading the contents of the container;
3.Container must be sealed, so only final consignee can open it. Sealed contained guarantees the safety of the cargo and helps to avoid a lot of claims against the carrier.
Hence, container transportation is very convenient, fast, reliable and affordable.
THE MOST POPULAR TERMS OF DELIVERY — EXW AND FOB
EXW — Ex Works (named place of delivery) means that a seller’s only responsibility is to make the goods available at his premises (works or factory). The buyer bears the full cost and risk involved in bringing the goods from there to the desired destination.
FOB — Free on Board (named port of shipment) means that the goods are placed on board the ship by the seller at a port of shipment named in the sales contract. The seller must clear the goods for export. The risk of loss of or damage to the goods is transferred from the seller to the buyer when the goods pass the ship’s rail.
