Lift on/Lift Off Origin HL-LOLOO
Definition
The Lift On/Lift Off Origin fee, often abbreviated as HL-LOLOO, is a charge applied in the logistics and shipping industry, particularly related to containerized cargo. This fee is incurred for the physical handling of containers at the point of origin, specifically during the processes of loading and unloading from transportation vehicles such as trucks or railcars onto the vessel at the port terminal. The primary reason for this charge is to cover the costs associated with the use of cranes and other specialized equipment required for these operations, as well as the labor involved in ensuring the efficient and safe transfer of containers.
This fee is typically levied by the port terminal operator or the shipping line, such as Hapag-Lloyd, which manages the container handling services. The payment responsibility usually falls on the shipper or freight forwarder, who must account for this cost as part of the overall shipping expenses. The HL-LOLOO fee is most commonly applicable in scenarios involving full container load (FCL) shipments where the containers are directly handled at the terminal.
In terms of billing, the fee is generally calculated per container, with variations depending on the port and the specific handling requirements. It is important to distinguish this fee from other similar charges, such as terminal handling charges (THC), which can encompass a broader range of services at the port.
In practice, stakeholders should be mindful of coordinating with logistics partners to ensure clarity on the cost components and to verify that the HL-LOLOO fee has been accurately applied. Understanding the nuances of this charge can aid in more precise budgeting and avoid unexpected expenses in the shipping process.
Summary
Hapag-Lloyd Lift-On/Lift-Off at Origin.