Shippers that are non-compliant with the VGM reporting rules are liable for any costs that may result from failure or delay in providing VGM, including storage, demurrage, container weighing and rerouting costs, and commercial costs of delay, as well as for possible fines or penalties imposed by carriers or terminals.
The VGM by law must be provided in sufficient time for the carriers to prepare their stowage plan. In practice, these cut-off times will vary from carrier to carrier and from port to port, and we will communicate to you the relevant VGM reporting cut-off time in quotations and/or booking confirmations.
You can find the complete ruling at: www.imo.org
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