Wharfage

Wharfage refers to the fee or charge assessed for the use of a wharf or docking facility to load or unload cargo from a ship. This term is commonly used in shipping and maritime contexts and encompasses several key aspects:

Key Aspects of Wharfage:

1. Fee Structure: Wharfage fees are typically calculated based on the volume or weight of the cargo being handled, often expressed in terms of tons or cubic meters. These fees can vary by port and may depend on the type of cargo being loaded or unloaded.
2. Purpose: The fees collected for wharfage help cover the costs associated with maintaining and operating the wharf facilities, including infrastructure, labor, and equipment needed to facilitate the loading and unloading of vessels.
3. Services Covered: Wharfage may include a range of services such as:
• Loading and unloading of cargo from vessels.
• Storage of cargo at the wharf before or after loading/unloading.
• Use of cranes and other equipment necessary for handling cargo.
4. Wharfage vs. Other Charges:
• Wharfage is distinct from other shipping fees, such as:
• Dockage: A charge for the actual use of the dock or berth by the vessel itself, which is often based on the size of the ship and the duration of its stay.
• Handling Charges: Fees associated with the physical movement of goods, including loading, unloading, and transferring cargo to and from storage.

Example of Wharfage:

If a shipping company unloads 500 tons of cargo at a port that charges $2 per ton for wharfage, the total wharfage fee would be $1,000 (500 tons x $2/ton).

Importance of Wharfage:

Wharfage fees are an essential aspect of port operations, contributing to the overall costs of shipping goods and impacting the logistics and supply chain management of international trade. Understanding these fees is crucial for shippers and importers as they calculate the total cost of transporting goods.