answersLogoWhite

0

What that mean EBS and CIC in shipping?

Updated: 9/21/2023
User Avatar

Wiki User

โˆ™ 12y ago

Best Answer

EBS:Emerent Bunker Surchanges CIC:container inbalance charge Normally, the EBS and CIC will be collected by the transport Seaport befor load in container, so this fee are included in the FOB Seaport price, so it should be paied by seller.

Revision on Emergency Bunker Surcharge (EBS) and Container Imbalance Charges (CIC) ex China to South East Asia

MISC wishes to revise the implementation of the Emergency Bunker Surcharge (EBS) and Container Imbalance Charges (CIC) ex China ports to all SEA ports effective 1st August 2011 from local currency to USD. The revision is necessary for us to continue providing excellent services to all our customers. This shall apply to all cargoes and commodities. The new EBS and CIC will be as below.

Effective 01/08/2011 with a quantum of:-

Emergency Bunker Surcharge (EBS) : USD 150/300/300

Container Imbalance Charges (CIC) : USD 100/200/300

User Avatar

Wiki User

โˆ™ 12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What that mean EBS and CIC in shipping?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who is going to pay the cic and ebs if term with seller is fob?

seller


Who will take take charge of EBS and CIC?

EBS:Emerent Bunker Surchanges CIC:container inbalance charge FOB"Free on Board" means that the seller delivers when the goods pass the ship''s rail. EBS&CIC happens after the cargo pass the ship. It is the additional cost of the sea freight. Normally it shall paid by buyer CIF"cost, insurance and freight " Normally under CIF, the seller shall pay all the cost include EBS&CIC


What is CIC in shipping terms?

Container Imbalance charges


What is imbalance charge?

Container Imbalance Charges is usually labeled as CIC on a shipping document. This is a fee that is charged to the recipient in order to balance out empty containers.


What is the population of EBS Building Society?

EBS Building Society's population is 655.


What is EBS Building Society's population?

The population of EBS Building Society is 2,007.


When was EBS Building Society created?

EBS Building Society was created in 1935.


What is container imbalance charges?

Container Imbalance Charges is usually labeled as CIC on a shipping document. This is a fee that is charged to the recipient in order to balance out empty containers.


When did CIC Video end?

CIC Video ended in 1999.


What is the initials for commander in chief?

The initials for Commander in Chief are CIC.


What does CIC represent in Roman numerals?

The Roman numerals CIC represent 199.


What is the geometric mean ofย  2.8 and 1?

Geometric mean of 2.8 and 1 is 1.6733200530681511. Look at link: "Calculation of the geometric mean of two numbers". Cheers ebs