LOLO.L Lift-on; Lift-off at Port of Loading
Port & TerminalKey Information
What is LOLO.L?
Lift-On/Lift-Off (LOLO) charges at the Port of Loading are specific fees associated with the physical handling of containers during the loading process onto a vessel. This fee is incurred when a container is lifted onto a ship from the dock or lifted off the transport vehicle onto the dock, facilitating its subsequent placement onto the vessel. The LOLO fee is typically charged by the terminal operators or port authorities, who are responsible for the equipment and labor necessary to perform these operations. The payment of this fee is generally the responsibility of the shipper or freight forwarder coordinating the shipment, although the exact party responsible can vary depending on the terms of the shipping contract.
The LOLO charges are applied in scenarios where containerized cargo is being loaded onto a ship at the port of origin. These charges are calculated based on the type and size of the container, with different rates applicable to standard and oversized containers. It is crucial for shippers to distinguish LOLO charges from other fees such as Terminal Handling Charges (THC), which cover a broader range of services including storage and terminal security. LOLO fees are specifically tied to the lifting operation itself.
In practice, accurate documentation and clear communication with the port and shipping line are essential to ensure proper application of LOLO charges. Miscommunication or oversight can lead to delays and unexpected costs, which can disrupt the shipping schedule and budget. Therefore, logistics professionals should always verify the LOLO charges included in their shipping quotes and contracts to avoid discrepancies and ensure smooth operations at the port of loading.
Frequently Asked Questions
The LOLO.L fee, also known as Lift-On/Lift-Off charges, is a specific cost incurred at the Port of Loading for physically handling containers. It involves lifting containers onto a vessel from the dock or off a transport vehicle onto the dock. This charge is typically imposed by port authorities or terminal operators.
The LOLO.L charge is paid by the shipper and is typically billed by port authorities or terminal operators. These entities are responsible for the equipment and labor used to lift containers onto or off the vessels at the port.
The LOLO.L fee is calculated per container, meaning each container handled at the Port of Loading incurs this charge. The exact amount can vary depending on the port's specific rates and operational costs associated with handling the containers.
Avoiding LOLO.L charges can be challenging as they are standard at many ports. However, shippers can minimize costs by optimizing container loads, negotiating with carriers for inclusive shipping fees, or selecting ports with lower associated handling charges.