D DAY HAS ARRIVED FOR GLOBAL SHIPPING INDUSTRY





Terminals and carriers rush to clarify how shippers can meet the International Maritime Organization's requirement scheduled to go into effect tomorrow, in which shippers must provide the verified gross mass of containers before they are loaded on ships. 



New VGM rule takes effect tomorrow
Terminals and carriers rush to clarify how shippers can meet the International Maritime 




Organization’s requirement scheduled to go into effect tomorrow, in which shippers must provide the verified gross mass of containers before they are loaded on ships.




By Chris Dupin |Thursday, June 30, 2016





The new regulation from the U.N.’s International Maritime Organization (IMO) requiring shippers to provide the verified gross mass (VGM) of containers prior to being loaded onto the vessel will go into force tomorrow, with great uncertainty as to whether it will cause disruption to the shipping industry. 





The rule is contained in an amendment to the Safety of Life at Sea (SOLAS) convention and was adopted in 2014, but questions remain about how the rule will be enforced in different countries around the world.



“Government bodies, the competent authorities to which the IMO is looking to consistently enforce the regulation across the globe, have been surprisingly reticent,” said the insurer, TT Club.