Lift On Lift Off Import LOLOI

Lift On Lift Off Import (LOLOI) charges are specific fees associated with the handling of containers at ports during import operations. These charges are incurred when containers are physically lifted on and off transportation modes such as ships, trucks, or trains. The necessity for such charges arises from the use of specialized equipment and labor required to safely and efficiently manage container movements within the terminal. Typically, LOLOI fees are imposed by terminal operators or port authorities and are generally paid by the shipper or the consignee, depending on the terms negotiated in the shipping contract.

The appropriate application of LOLOI fees is most commonly seen in scenarios involving multimodal transport, where containers need to be transferred between different modes of transport. The charges are generally calculated based on the size and weight of the containers, and may vary depending on the port and the specific operational complexities involved.

LOLOI charges are distinct from other related fees such as demurrage or detention, which are penalties for delays in returning containers. Instead, LOLOI fees specifically cover the physical handling of containers during transfers.

In practice, it is crucial for logistics professionals to carefully review contracts to understand who is responsible for these charges and to ensure they are accounted for in the overall shipping budget. Misunderstandings can lead to disputes or unexpected costs. Being aware of the specific terms and conditions at each port can help in planning and avoiding unnecessary logistical bottlenecks.