What is CY? The concept is familiar but probably not many people know. Our article today will answer for you to understand better. Follow along with the following article for more useful information!
1. What is CY? – Things related to CY
If you are in the import-export or logistics industry, the term CY is not too strange. However, many people are still very confused about what is CY? Therefore, today's article will provide you with a lot of information about CY for you to better understand and not be confused with other concepts. Follow our article below!
What is the concept of CY?
CY stands for container yard - container yard is an area that can be a seaport or dry dock where FCL containers will be unloaded from cargo ships or containers before being loaded onto ships. This is the gathering place of cargo containers in international import/export activities. However, CY will be understood as a form of delivery from the container yard (shipper or receiver), then these containers will be towed and unloaded at the yard designated by shipping lines. And a note that the shipping company will be responsible for the container until the consignee or the owner has completed the import procedures, took and pulled the container out of the yard.
What is Full return CY?
Full return CY is known as one of the terms in the logistics industry, but this concept is quite abstract for those who are new to the profession or not in the industry. Literally full return CY means that the previous dump was full.
2. Points related to CY
In short, the CY container yard is used for FCL container shipments before and after they are re-loaded. And container shipping stations are mainly used with cargo shipments with smaller arbitration than LCL containers.
CY appears in certain regions
CY is known to only appear in a few countries, not globally, this depends on the needs and development potential of that market as well as the business strategy of each shipping line. And the special thing is that countries have different sea policies, so the services are also different, otherwise you can use the service through FWD companies specializing in LCL consolidation such as PCW and interlog, KMG .
Shipping lines have service in some countries
It can be said that Hapag Lloyd or HAL is one of the world's fourth largest shipping lines after being identified with CSAV. As a large shipping line in the European Union, but only providing services in the Indian and Thai markets, …
CY and CY
The first CY means to create a container yard at the port of POL where the shipping line is responsible, and the next CY stands for Port of discharge POD. If the container yard shipment is CY and CY, it means that the FCL shipment is containerized, collected at the container yard at the port of origin and transported to the port of destination. And another way to call it instead of CY and CY is FCL with FCL.
CY and CFS
Another way related to CY is CY and CFS. Depending on the customer can choose the right way for the shipment on the bill of lading. When CY and CFS occur, we must know the case that FCL is sent from a single seller and is unconsolidated at the container yard of the terminal port so that the number of LCLs is delivered to more customers.
CFS and CY
We must distinguish and be aware of the different ways in which, although they have the same name, they tend to function differently. CFS and CY are the opposite of CY and CFS. According to the terms, LCL shipments will be passed through CFS from the port of origin, aggregated and then sent to the CYs at the destination port, where the goods are received. If listed as LCL or FCL shipments, these are shipments that typically have multiple sellers but only one recipient. Please note the difference between the forms!
3. How to distinguish between CY and CFS
If we are not professionals, it is very difficult for us to distinguish CY and CFS. Here are the most basic differences that we need to be aware of. We can see the fundamental differences through the following concepts:
Location
CY will have a warehouse located in the seaport or inland port area, but CFS does not necessarily have a seaport or inland port, but they have their own independent and separate warehouse system under the management of the customs authority.
How to store goods?
CY is stored on containers at yards, while CFS warehouses can be collected and stored sporadically together on packed containers. However, they depend on the quantity of goods and what the purpose of those businesses is, then they can choose import and export delivery methods to the warehouse according to CY or CFS.
summary
CY is one of the terms of the import-export industry quite familiar. The above article has provided quite a lot of interesting information about CY for those who are new to the profession or readers who want to learn more about this term. Don't miss this post!