Sea Short Term – Overview

The solution allows benchmarking Sea Short Term rates.

What is Sea Short Term ?

Sea Short Term refers to short-term maritime freight rates, commonly based on FAK (Freight All Kind) tariffs. These are standardized rates set by carriers for full containers, regardless of the type of goods. These rates are typically valid for a limited period (e.g., one to three months). Unlike negotiated long-term contracts, Sea Short Term rates reflect market conditions more closely and adapt faster to supply and demand fluctuations.

Geographical Coverage

Our Sea Short Term benchmarking solution covers selected port-to-port routes worldwide. The API requires the origin and destination ports, date, and container type (see below).

If you’re interested, the full list of seaports that can be benchmarked with Sea Short Term, along with their coordinates and geographical zones, is available on our Open Data portal.

Container types

You can benchmark one container between the types below:

Code	Description	Dimensions
20GP	20-ft General Purpose	20ft x 8ft x 8ft 6in
40GP	40-ft General Purpose	40ft x 8ft x 8ft 6in
40HC	40-ft High Cube	40ft x 8ft x 9ft 6in

Hazardous Goods

You can benchmark with or without hazardous goods included in the shipment.

Terminal Handling Charges

Terminal Handling Charges cover the costs associated with handling containers at ports or terminals, including loading and unloading containers. THC fees are typically applicable to both import and export shipments and are charged per container. The charges can vary depending on the ports.

Dates

The benchmarking process provides prices for specific routes on selected dates, including past dates starting from January 1, 2023 to today.