VGM Handling Fee HL-VHF
Definition
The Verified Gross Mass (VGM) Handling Fee, abbreviated as HL-VHF, is a charge levied by shipping lines such as Hapag-Lloyd in the context of international maritime shipping. This fee arises from the necessity to comply with the Safety of Life at Sea (SOLAS) Convention requirements, which mandate the verification of a container's gross mass before it is loaded onto a vessel. The primary purpose of this requirement is to ensure the safety of the vessel, its crew, and other cargo by preventing accidents that can occur due to misdeclared weights.
Shipping lines, like Hapag-Lloyd, impose this fee on shippers or freight forwarders who are responsible for providing the VGM data. The processing of VGM involves the handling and verification of weight data submitted by the cargo shipper. This fee compensates for the administrative processes, system management, and any potential delays incurred during the verification process.
The VGM Handling Fee is applicable in scenarios where the VGM needs to be submitted and processed before cargo loading. It is typically charged per container and may vary depending on the shipping line or the specific terms of the shipping agreement. Unlike other fees such as Terminal Handling Charges (THC), which relate to the physical handling of containers at ports, the VGM Handling Fee specifically covers the administrative aspect of weight verification.
In practice, it is crucial for shippers and freight forwarders to ensure accurate and timely submission of VGM data to avoid potential fines, shipment delays, or additional charges. Moreover, understanding the specific requirements and deadlines set by the shipping line is essential to facilitate smooth operations and maintain compliance with international shipping regulations.
Summary
Hapag-Lloyd VGM Handling Fee for verified gross mass processing.