What does SOC container mean?
shipper-owned container
SOC stands for ‘shipper-owned container’ and is a metal freight shipping container that is owned by an individual or business and used to ship cargo across long distances. A COC, or carrier-owned container, is a cargo container that is owned by a carrier company and is rented out to various consignees.
What is COC in shipping line?
What is a COC container? Essentially a container is considered a COC container when the carrier (container liner or steamship line) owns the container and controls the majority of the entire transport chain. COCs are normally used for standard shipments on stretches with a lot of cargo flow.
What is CSC plate on container?
WHAT IS THE CSC PLATE? The convention requires that any container used for international transport must be fitted with a valid safety approval plate (CSC Plate). The CSC plate is fastened to every shipping container at the time of manufacture and is typically riveted to the outside of the left door.
Who owns containers used in shipping?
A Container Owner is someone who OWNS the container that they provide to the various customers.. This container owner could be either a Shipping Line like Hapag Lloyd, or could be a Container Leasing Company (leaseco) like Triton Container..
What is SOC export?
SOC container stands for Shipper Owned Container and implies that a shipping container is owned by the shipper. Saving demurrage and detention fees (time to return a cargo container to the port within a short time period) is the biggest advantage of SOC shipments.
What is CoC in export?
Certificate of Conformity (CoC) is a document issued to the exporter and importers indicating that the shipped products meet the required standards. This document is generally required for the customs clearance of your goods. In layman’s terms, this is the passport of your shipped goods.
What is a valid CSC?
A valid CSC plate has the words ‘CSC SAFETY APPROVAL’ stamped on it in bold. These words can also be embossed or shown in any other way such that it is permanent. The CSC specifies that the safety approval caption shall be in bold characters of a minimum height of 8 mm.
Who owns the most shipping containers in the world?
Biggest shipping companies: Top ten by TEU capacity
- COSCO Shipping Lines – 3.1m TEU.
- CMA CGM Group – 2.7m TEU.
- Hapag-Lloyd – 1.7m TEU.
- Ocean Network Express – 1.5m TEU.
- Evergreen Line – 1.2m TEU.
- Orient Overseas Container Line – 733,580 TEU.
- HMM – 728,416 TEU.
- Yang Ming – 616,000 TEU.
Which company owns most shipping containers?
Maersk Line
List of largest container shipping companies
| Rank | Company name | Market share |
|---|---|---|
| 1 | Maersk Line | 16.9% |
| 2 | Mediterranean Shipping Company | 16.1% |
| 3 | CMA CGM | 12.5% |
| 4 | COSCO | 12.3% |
When is a container considered to be a SoC?
A container is considered a “SOC” when the BCO, freight forwarder or NVOCC organizes their own container and then hires a carrier and usually several other parties to transport their goods.
Why are SoC’s an advantage to shippers?
SOC’s can be an advantage to shippers as they are not eligible for per diem or demurrage charges as those fees are attached to the prolonged use of the carrier’s container. However, carriers charge additional fees to ship a SOC container. Severe weather and its impact on trucking Where have all the truckers gone and how do we get them back?
Are there any discounts for using SoCs?
For such destinations, most lines should be more than happy to offer a discount to shippers using an SOC. Most lines calculate their rates based on containers being returned to the nearest port.
Why do carriers charge higher rates for SOC containers?
If the carrier has limited stock of containers in the port of departure or no need for additional units at the point of return (e.g. because in that specific location there are always more imports than exports or it is a remote hinterland location), naturally they will charge you a higher rate to cover their costs.