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Verified Gross Mass Charge VGMC

Abbreviation
VGMC
Short code for this term
Category
Fees & Surcharges
Ocean freight fee type
Index
V
Alphabetical index letter

Definition

The Verified Gross Mass Charge, abbreviated as VGMC, is a critical fee associated with the compliance of the Safety of Life at Sea (SOLAS) regulations, specifically regarding the declaration of the Verified Gross Mass (VGM) of shipping containers. This charge arises from the necessity to provide an accurate weight of containers before they are loaded onto a vessel, ensuring the safety and stability of maritime operations. The VGMC is typically levied by shipping lines or terminal operators and is paid by the shipper, who bears the responsibility of providing the precise weight.

This fee applies in scenarios where the shipper either requests the terminal or a third party to verify the weight on their behalf, or when corrections to the declared weight are needed due to inaccuracies. The VGMC serves to cover the administrative and operational costs involved in the verification process, which may include weighing services or adjustments to documentation.

Unlike other charges such as demurrage or detention, which are related to time delays and equipment usage, the VGMC is specifically focused on ensuring compliance with weight verification requirements. Misreporting or failure to provide a certified VGM can lead to severe logistical bottlenecks, including shipment delays and potential regulatory penalties.

In practice, shippers must be vigilant in maintaining precise records and coordinating with certified weighing facilities to avoid discrepancies. It is imperative to understand the various methods of VGM declaration—either by weighing the packed container or by calculating the sum of the container's tare weight and the weight of the cargo. Careful attention to detail and adherence to deadlines in submitting the VGM are essential to avoid incurring unnecessary charges and ensuring smooth shipment processing.

Summary

Verified Gross Mass Charge for VGM certification under SOLAS regulations. Shippers must ensure accurate VGM declaration or face delays and penalties.