Duty-free: I’m talking about segment transfers here. Setting the transit port as a free trade port can achieve the purpose of tariff reduction or exemption. For example, Hong Kong is a free trade port, if goods are transferred to Hong Kong; goods that are not specially regulated by the state can basically achieve the purpose of export tax exemption, and there will even be tax rebate subsidies.
Hold goods: here is the shipping company transit. In international trade, various factors cause the goods to be unable to move forward and need to hold goods. The shipper can apply to the shipping company for detention before arriving at the transit port. After the trade problem is resolved, shipment to the port of destination. This is often easier to operate than a direct ship. But the cost is not cheap.
Transit port code: a ship will call at multiple ports, so there are many incoming port codes filed at the same terminal, that is, the subsequent transit port codes. If the code is filled in at will, if it is not matched, it will cause a container. Can’t enter the port. If it matches but is not a real transit port, then even if you enter the port and board the ship, it will be unloaded at the wrong port. If the modification is correct before the ship is allocated, the box may also be unloaded at the wrong port. Retransshipment costs are very high, and high fines may also be required.
Types of transit ports: Due to differences in geographic location, the routes and hinterland conditions for transit are different. Transit ports can be divided into hub-and-spoke type, relay type, and interweaving type.
1. The hub-and-spoke transit port is located in the central area of the region. It connects ocean-going and short-range feeder routes through a hub-and-spoke network. It has the function of connecting global and regional shipping networks, such as Kingston Port in the Caribbean and Marsaches in the Mediterranean. In Port Locke, the transfer volume is mainly affected by the demand for ocean trade in the hinterland.
2. Relay-type transit ports are usually located at the key points of the waterway. With favorable location advantages, they connect different shipping networks in a relay mode, and mainly play a coordinating role among route resources, such as Singapore Port, Alherassis, and Panamanian Balbo. Yagang etc.
3. The interwoven transit port is located at the intersection of multiple pendulum routes and becomes an interweaving point to ensure the effective connection between the near-ocean branch line and the ocean trunk line. Such ports appear in the current pendulum-type routes, and they have certain advantages compared to the surrounding ports with fierce competition. Comparative advantages, such as Shanghai Port, Shenzhen Port, and Hamburg Port.