Containerized Shipments (FCL – Full Container Load)

Suitable For: Shredded Scrap, Busheling, Re-Rollable Scrap, Cast Iron, Stainless Steel Scrap

Container Types

• 20ft GP (General Purpose) – Standard capacity up to 26-28 MT
• 40ft GP (General Purpose) – Standard capacity up to 27-30 MT
• 40ft HC (High Cube) – Extra volume for lightweight but high-bulk scrap

Advantages

• Secure Loading & Sealing – Prevents pilferage and contamination
• Easier Customs Clearance – Faster handling at Indian ports
• Lower Handling Costs at Destination – Direct unloading to buyers’ premises

Non-Containerized (Breakbulk & Bulk Shipments)

Suitable For: HMS 1, HMS 2, PNS, Rail Scrap, Heavy Steel Scrap

Shipping Methods:

• Breakbulk Cargo (Loose Loaded Scrap) – Direct unloading at bulk cargo terminals
• Bulk Carrier Vessels – Suitable for shipments above 10,000 MT
• RORO (Roll-on/Roll-off) for Special Scrap Cargo

Advantages

• High-Capacity Shipping – Ideal for large industrial buyers
• Lower Per-Ton Freight Costs – Cost-efficient for bulk scrap imports
• Suitable for Indian Ports Handling Bulk Cargo – Kandla, Mundra, Chennai, Nhava Sheva

Buyer Advantage: Multiple freight options to reduce shipping costs and optimize delivery schedules.
Freight Handling & Logistics as Per Indian DGS Order

Compliance with Indian Shipping & Freight Regulations

• DGS Order Compliance – Ensuring proper vessel certification, cargo handling, and safe unloading protocols as per Indian Directorate General of Shipping (DGS) requirements.
• Port Clearance Procedures – Coordination with Major & Non-Major Ports under Indian Ports Act, 1908 for efficient unloading & transportation.
• Coastal & Inland Freight Support – Arranging barges & rail connectivity for inland buyers to transport cargo from port to factory.

Freight Optimization & Cost Reduction

• Route Optimization – Selecting the most cost-efficient and fastest shipping lanes.
• Freight Consolidation – For buyers requiring smaller scrap lots in shared containers or bulk vessel space.
• Port-to-Door Delivery – Inland transportation via trucks, rail, or barges, ensuring quick transfer from port to final buyer location.

Buyer Advantage: Cost-effective and fully compliant freight handling, ensuring timely delivery without extra demurrage or detention charges.

Cargo Insurance – Full Coverage for Secure Trade Transactions

To ensure zero financial risk for buyers, Ferric Trade provides comprehensive cargo insurance coverage as per Indian Marine Insurance Act, 1963.

Types of Cargo Insurance Available

• Institute Cargo Clauses (A) – All Risk Coverage – Covers damage, theft, pilferage, and non-delivery.
• Institute Cargo Clauses (B & C) – Limited Coverage – Covers specific perils like fire, sinking, and accidents.
• War & Strike Insurance – Covers losses due to geopolitical risks, strikes, riots, and civil commotions.

Additional Risk Coverage

• Total Loss Coverage – Protects buyers in case of complete cargo loss due to vessel sinking, piracy, or force majeure events.
• Weight Discrepancy Protection – Buyers can opt for insurance coverage against shortages exceeding agreed tolerances.
• Pre-Shipment & Post-Arrival Inspection-Based Claims – Insurance claims are backed by third-party inspection reports (SGS, BV, Intertek) ensuring quick claim processing.

Buyer Advantage: Guaranteed financial security, protecting every shipment from risks related to transit, damage, or loss.

Inward Clearance & Customs Compliance as Per Indian Customs Act, 1962

Customs Clearance & Import Documentation Support

Ferric Trade ensures hassle-free clearance of imported ferrous scrap into India, in compliance with Indian Customs Act, 1962 and Hazardous & Other Wastes (Management & Transboundary Movement) Rules, 2016.

• Bill of Entry (BOE) Filing – Proper classification under Customs Tariff Schedule (HS Code for Scrap – 7204, 7302, etc.).
• Pre-Shipment Inspection (PSI) Reports – As per DGFT & Customs requirements for scrap import licenses.
• Certificate of Origin (COO) & Free Trade Agreement (FTA) Benefits – Reducing import duty under applicable trade agreemen
• Customs Duty Payment & Exemptions – Managing Basic Customs Duty (BCD), GST, and Anti-Dumping Duty (if applicable).
• Import Licensing & Environmental Compliance – Supporting buyers with MOEF & DGFT approvals for restricted scrap categories.

Port-Specific Customs Clearance Support

We provide customs clearance support at major Indian ports, including:

• Nhava Sheva (JNPT), Mumbai
• Mundra & Kandla Ports, Gujarat
• Chennai & Ennore Ports, Tamil Nadu
• Vizag & Krishnapatnam Ports, Andhra Pradesh
• Kolkata & Haldia Ports, West Bengal

Buyer Advantage: Fast and smooth customs clearance, reducing delays, penalties, and demurrage charges.

Post-Clearance Inland Transportation & Delivery