Since 2016, the International Convention for the Safety of Life at Sea (SOLAS) has introduced the Verified Gross Mass (VGM) regulations, requiring shippers to provide VGM information before loading containers. This ensures the safety and compliance of container transportation. Neglecting this requirement may result in containers being unable to be loaded onto ships, impacting the transport of goods.
VGM (Verified Gross Mass) errors in international shipping can lead to serious safety hazards. Carriers require shippers to provide accurate cargo weights to mitigate their liability. If shippers provide false weight information, they bear the consequences, especially in cases of overloaded loading equipment. Ensuring the accuracy of VGM is critical in reducing the risk of transportation accidents.
The IMO's SOLAS Convention VGM amendment aims to enhance shipping safety but introduces compliance costs and operational pressures for the shipping industry. This article analyzes the background, impact, and response strategies to the VGM amendment. It emphasizes that strengthening regulation, supporting SMEs, fostering collaboration, and embracing technology are crucial to mitigating challenges. Ultimately, the goal is to transform this 'sweet burden' into a driving force for industry development.
Struggling with VGM calculation? This article compiles online query links for container tare weights from major shipping companies. Simply enter the container number to quickly obtain accurate tare weight information. Say goodbye to guesswork and improve the efficiency and accuracy of your VGM calculations. This helps ensure the safe and efficient transportation of goods. It provides a convenient maritime tool to streamline the VGM process and reduce potential errors related to weight discrepancies.
This article explains the key weight markings on container doors, including gross weight, tare weight, payload, and cubic capacity. It highlights the Shipper's responsibilities under the new VGM regulations, emphasizing the accurate declaration of weight, assuming liability, and timely provision of VGM. Customers are advised to photograph the weight markings during container loading to ensure smooth shipment. This practice helps verify declared weights and avoid potential delays or penalties related to inaccurate weight declarations as mandated by VGM regulations.
This article details the steps on how to easily check container demurrage charges, both inside and outside the terminal, on the Maersk platform. By logging into their account and entering shipment information, users can readily obtain key information such as free time and the basis for fee calculation. This allows for better logistics cost control and planning. The guide provides a clear and concise method for understanding and managing potential demurrage costs associated with Maersk container shipments, ultimately aiding in efficient supply chain management.
Maersk expands its online platform, enabling customers to purchase destination demurrage/detention extensions at various stages: booking, SI submission, and after shipment, optimizing supply chain costs. This article details the purchase process, key considerations, and provides data-driven recommendations from an analyst's perspective to help you leverage this service effectively. By understanding the nuances of this offering, businesses can potentially reduce unexpected fees and improve overall supply chain efficiency. This proactive approach to managing demurrage and detention charges can lead to significant cost savings.
This article provides a detailed analysis of PayPal's fees for receiving payments, withdrawals, and currency conversions. It compares PayPal with alternative third-party settlement platforms like Payoneer and WindPayer, offering cross-border e-commerce sellers suggestions for optimizing their withdrawal strategies. The aim is to reduce transaction costs and improve profitability by highlighting ways to minimize fees associated with international transactions and currency exchange when using PayPal for business purposes.
This article explores the current state and coping strategies for VGM (Verified Gross Mass) charges in the freight forwarding industry. It points out that VGM charges have become an industry-wide phenomenon, with freight forwarders in a weak position when dealing with shipping companies and port areas. Some freight forwarders avoid risks by shifting responsibility to customers. The article emphasizes the importance of freight forwarders balancing costs and ensuring profits while remaining compliant with regulations. It highlights the need for strategic approaches to navigate the challenges posed by VGM charges.
With the global implementation of the Verified Gross Mass (VGM) regulation, ports face compliance challenges. UK ports offer weighing services, while US ports rely on shipper data. Maersk Terminals emphasizes a data-driven approach. Digital transformation is crucial for VGM compliance. Supply chain companies should strengthen collaboration, optimize processes, and adopt advanced technologies to address the challenges posed by VGM and ensure smooth supply chain operations. Key strategies include enhanced data sharing, streamlined documentation, and leveraging technology for accurate weight verification. Ultimately, proactive adaptation is vital for mitigating disruptions and maintaining efficiency.
