The World Shipping Council (WSC), has advised that three months after the July 1st implementation of the Safety of Life at Sea Convention (SOLAS) Verified Gross Mass (VGM) requirement, they have found current compliance by shippers to be as high as 95%.
The goal of the SOLAS requirement was to enforce that all packed containers have a Verified Gross Mass before loading aboard a vessel to reduce losses from incorrect declarations of a container’s weight. Industry experts believe that about 20% of all containers are not declared correctly. They also believe that up to two-thirds of all cargo claims are the result of false weight declarations and poor container packing.
For more information, contact Debbie McGuire, Manager – Freight Solutions