A Change of Vessel (COV) fee is an additional charge imposed by shipping companies when cargo needs to be transferred to a different vessel than originally scheduled. This common practice in maritime logistics typically costs around 200 Chinese yuan (approximately $30) per occurrence, though pricing may vary between carriers.
Not all shipping companies implement COV fees. Some regional carriers, particularly those operating shorter routes in coastal waters, may waive these charges entirely. However, for most international shipping lines, the fee serves as compensation for operational adjustments required when cargo misses its scheduled departure.
These fees become particularly relevant when shipment changes occur due to client-related issues. When cargo fails to meet the original vessel's departure timeline, shipping companies must reroute the goods to a subsequent voyage. This process not disrupts carefully coordinated sailing schedules but may also lead to unused cargo capacity on the originally scheduled vessel.
The operational mechanics involve shipping companies issuing COV instructions to port authorities. Terminal operators then implement necessary logistical adjustments to accommodate the cargo transfer. Given these complexities and potential costs, shippers are advised to confirm voyage details well in advance and minimize changes that might trigger COV fees.
