Terms Starting with "V"

VGM (Verified Gross Mass) - SOLAS convention requirement for container weight verification. Since July 1, 2016, all export containers must provide ver...

VGM Administration Fee for processing and managing VGM declarations.

Value Added Tax - Carrier-arranged VAT payment to local authorities on behalf of customers. Rates vary by country.

Veterinary Certificate Service fee for obtaining veterinary inspection certificates required for importing live animals or animal products.

VGM Fee for container weight verification services.

Validation Fee at zero VAT rate.

Verified Gross Mass - Under SOLAS convention, since July 1, 2016, all export ocean containers must provide a verified accurate gross weight before loa...

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

Vessel Traffic Surcharge for supporting Vessel Traffic Service (VTS) systems that monitor and manage port vessel traffic.