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BL fretado or “as per agreement” is a common term used in the shipping industry that refers to a type of transportation arrangement between a shipper and a carrier. This arrangement is especially popular in the transport of goods overseas and can provide numerous benefits for both parties involved.
In a BL fretado or “as per agreement” arrangement, the shipper books space on a vessel and agrees to pay a specific rate for the transportation of their goods. The carrier provides the necessary transportation services, but the shipper has some flexibility in the terms and conditions of the agreement.
One of the primary benefits of a BL fretado or “as per agreement” arrangement is that it provides greater control over the shipping process. The shipper can negotiate rates and terms directly with the carrier, allowing them to tailor the agreement to their specific needs and requirements. This can be particularly important for shippers who have unique cargo or specific delivery timeline requirements.
Another benefit of a BL fretado or “as per agreement” arrangement is that it can help to reduce costs. By negotiating directly with the carrier, the shipper can often secure rates that are lower than what they would pay in a traditional shipping arrangement. This can be especially beneficial for companies with large volumes of cargo, as even small savings per shipment can quickly add up to significant cost savings over time.
Finally, a BL fretado or “as per agreement” arrangement can also help to reduce risk for both the shipper and the carrier. By negotiating directly with each other, both parties can better understand the risks involved in the shipment and work together to mitigate those risks. This can include things like insurance coverage, contingency plans for unexpected delays or disruptions, and clear protocols for communication and dispute resolution.
In conclusion, BL fretado or “as per agreement” is a valuable transportation arrangement that can provide numerous benefits for both shippers and carriers. By negotiating directly with each other and tailoring the terms and conditions of the agreement to their specific needs, shippers can gain greater control over the shipping process and reduce costs. At the same time, carriers can reduce their risk and better understand the needs of their customers, leading to more efficient and effective shipping arrangements overall.
