Shipping Method Selection & Cost Calculation

How to Choose the Right Shipping Method

The shipping method is determined by the following factors:

  • Urgency
  • Product Value
  • Packing Size and Volume
  • Incoterms
  • Shipping Destination and Cost

Important Notice:

  • We do not accept DDP (Delivered Duty Paid) conditions because we cannot determine the exact customs duties and VAT in your country.
  • Only DAP (Delivered At Place) terms are accepted.

Shipping and Delivery Options

1. Express Service (FedEx, DHL, UPS, TNT)

  • Fastest, safest, and most convenient shipping option
  • Incoterms: DAP (Door-to-door delivery service)
  • Best for high-value and urgent packages
  • Average Shipping Weight: 1-300kg

How to Calculate Express Service Costs

  • Dimensional Weight:
    Length (L) × Width (W) × Height (H) in cm÷5,000=Dimensional Weight (kg)\text{Length (L) × Width (W) × Height (H) in cm} \div 5,000 = \text{Dimensional Weight (kg)}
  • Actual Weight: Measured by scale as Packing Weight (kg)
  • FedEx charges whichever is higher between Dimensional Weight and Actual Weight.

2. Air Cargo

  • Fast and safe shipping service
  • Incoterms: FCA (Free Carrier) or CIP (Carriage and Insurance Paid To)
  • Best for high-value and urgent packages
  • Average Shipping Weight: 100-1,000kg

How to Calculate Air Cargo Costs

  • Dimensional Weight:
    Length (L) × Width (W) × Height (H) in cm÷6,000=Dimensional Weight (kg)\text{Length (L) × Width (W) × Height (H) in cm} \div 6,000 = \text{Dimensional Weight (kg)}
  • Actual Weight: Measured by scale as Packing Weight (kg)
  • Airlines charge whichever is higher between Dimensional Weight and Actual Weight.
  • Additional costs may include Trucking, Surcharges, Airport Charges, Insurance, and Handling Fees.

3. Ocean Freight (LCL · FCL)

  • Cost-effective shipping for heavy and volumetric packages
  • Incoterms: FOB, CIF, or CFR
  • Best for heavy weight and large volume shipments
  • Average Shipping Weight: 50kg and above

How to Calculate FCL (Full Container Load) Costs

  • Container options: 20ft, 40ft, or 40ft High Cube
  • Additional costs may include Trucking, Terminal Handling Charges (THC), Insurance, and Handling Fees.

How to Calculate LCL (Less than Container Load) Costs

  • Based on CBM (Cubic Meter): 1 CBM = 100cm × 100cm × 100cm
  • Additional costs may include Trucking, CFS Charges, THC, Insurance, and Handling Fees.

4. Ex-Work

  • Buyers handle their own shipping arrangements
  • Hankook Industrial Supply will provide the necessary shipping documents
  • A USD 20 handling charge applies for Ex-Work transactions

5. Courier (Korea)

  • Fast and reliable shipping
  • Incoterms: CIP (Carriage and Insurance Paid to your nearest international airport)
  • Best for high-value and urgent packages
  • Average Shipping Weight: 100-1,000kg

How to Calculate Courier (Korea) Costs

  • Standard Courier: USD 5 per box
  • Special Courier: USD 100-500, depending on weight, dimensions, and location.

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