Freight Forwarding

Why utilize the services of Pegasus Maritime, Inc’s Freight Forwarding services?

Pegasus Maritime, Inc. along with its sister company, Pegasus Shipping, Inc. employs our industry's leading professionals in the various modes of transportation including: Ocean, Air, Rail and Truck. This industry experience allows us to have market and carrier knowledge, and to have volume purchasing strength that an individual shipper cannot often achieve. Combined with our personalized service, PMI and PSI offer benefits and advantages unmatched.

Why use a Freight Forwarding rather than Booking directly with a Carrier?

Pegasus Maritime, Inc., a NVOCC/Freight Forwarder, is a non-asset based service provider who receives client requests and builds customized services to satisfy the clients business needs and goals. Pegasus Maritime, Inc. will assist with the origin point loading and transport, destination on-forwarding insurance requirements and load consolidations - a one-stop shop offering true"Door-to-Door"solutions. Often at times, carriers are merely interested in building loads for pre-determined routes with company owned vehicles, not door-to-door solutions; this places your business needs and goals in jeopardy. 

Can Pegasus Maritime, Inc. assist with Non-Standard transportation requirements?

Pegasus Maritime, Inc. has specific expertise with industries and shipments of urgent, oversize, overweight, after-hour shipments and with shipments to remote locations, which may require tugboats, air support, pilot cars or after-hour personal attention.

What are Incoterms?

Group E - Departure

EXW - Ex Works (named place).

The seller makes the goods available at his premises.

 

Group F - Main Carriage Unpaid

 

FCA - Free Carrier (named place)

The seller hands over the goods, cleared for export, into the custody of the first carrier (named by the buyer) at the named place. This term is suitable for all modes of transport, including carriage by air, rail, road and containerized / multi-modal transport.

FAS - Free Alongside Ship (named loading port)

 

The seller must place the goods alongside the ship at the named port. The seller must clear the goods for export; this changed in the 2000 version of the Incoterms - Suitable for maritime transport only.

FOB - Free On Board (named loading port)

 

The classic maritime trade term, Free On Board: seller must load the goods on board the ship nominated by the buyer, cost and risk being divided at ship's rail. The seller must clear the goods for export - Maritime transport only.

 

Group C - Main Carriage Paid

 

CFR - Cost and Freight (named destination port)

Seller must pay the costs and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods have crossed the ship's rail - Maritime transport only.

 

CIF - Cost, Insurance and Freight (named destination port)

Exactly the same as CFR except that the seller must in addition procure and pay for insurance for the buyer - Maritime transport only.

CPT - Carriage Paid To (named place of destination)

The general, containerized or multimodal equivalent of CFR - the seller pays for carriage to the named point of destination, but risk passes when the goods are handed over to the first carrier.

CIP - Carriage and Insurance Paid to (named place of destination)

The containerized transport or multimodal equivalent of CIF - the seller pays for carriage and insurance to the named destination point, but risk passes when the goods are handed over to the first carrier.

 

Group D - Arrival

DAF - Delivered At Frontier (named place)

It can be used when the goods are transported by rail and road. The seller pays for transportation to the named place of delivery at the frontier. The buyer arranges for customs clearance and pays for transportation from the frontier to his factory. The passing of risk occurs at the frontier.

 

DES - Delivered Ex Ship (named port)

Where goods are delivered ex ship, the passing of risk does not occur until the ship has arrived at the named port of destination and the goods made available for unloading to the buyer. The seller pays the same freight and insurance costs as he would under a CIF arrangement. Unlike CFR and CIF terms, the seller has agreed to bear not just cost, but also Risk and Title up to the arrival of the vessel at the named port. Costs for unloading the goods and any duties, taxes, etc... are all for the Buyer; a commonly used term in shipping bulk commodities (such as coal, grain or dry chemicals) and also where the seller either owns or has chartered their own vessel.

 

DEQ - Delivered Ex Quay (named port)

It means the same as DES, but the passing of risk does not occur until the goods have been unloaded at the port of destination.

 

DDU - Delivered Duty Unpaid (named destination place)

It means that the seller delivers the goods to the buyer to the named place of destination in the contract of sale. The goods are not cleared for import or unloaded from any form of transport at the place of destination. The buyer is responsible for the costs and risks for the unloading, duty and any subsequent delivery beyond the place of destination. However, if the buyer wishes the seller to bear cost and risks associated with the import clearance, duty, unloading and subsequent delivery beyond the place of destination, then this all needs to be explicitly agreed upon in the contract of sale.

 

DDP - Delivered Duty Paid (named destination place)

It means that the seller pays for all transportation costs and bears all risk until the goods have been delivered and pays the duty. Also used interchangeably with the term "Free Domicile"

How can I receive more information about Pegasus Maritime, Inc.?

Please visit theContact Uspage and we will be happy to answer any of your questions or concerns personally.