Finally, Shippers’ Council, Freight Forwarders, Others Resolve Disagreement on Rate of Increase on Storage Charges by Terminal Operators

Hon Jime

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By Our Reporter
The Nigerian Shippers’ Council (NSC), freight forwarders and other relevant stakeholders have finally reached an agreement on the rate of increase on storage charges by terminal operators.
It would be recalled that the freight forwarders had frowned at the rate of increase of 600 percent by the concessionaires.
They had protested to the ports economic regulator which swung into action, promising to review the increase.
At a meeting summoned on Tuesday by the Executive Secretary of the NSC, Hon Emmanuel Jime, the stakeholders reached a resolution with all the interested parties, particularly the freight forwarders who represent importers on the rate of increase.
Stakeholders who attended the meeting at the NSC headquarters were shipping companies, terminal operators, association of freight forwarders, among other interested parties.
The resolution obtained by SHIPPING DAY reads:
“A meeting was held today, October 24th, 2023, at the Shippers Council Hall, involving the Nigerian Slippers Council, shipping companies, terminal operators, and relevant associations/stakeholders. The purpose of the meeting was to address various issues and reach a resolution. The following resolutions were agreed upon:
“The number of free days for cargo storage at the terminals has been increased from 3 days to 5 days. This will provide more flexibility for shippers and reduce costs.
“The previously proposed 600% increase in terminal charges has been reduced to 400%. This adjustment aims to strike a balance between the needs of the terminal operators and the shippers.
“Break bulk cargo charges have been increased from 125% to 250%. This adjustment reflects the changing dynamics of the industry and ensures fair compensation for services provided.
“All complaints regarding inefficiencies by the terminal operators will be addressed immediately. This commitment aims to improve overall operations and enhance customer satisfaction.
“The Shippers Council has established a complaints desk at all ports. This dedicated desk will ensure that issues raised by stakeholders are resolved promptly and efficiently.
“Boxes that arrived prior to October 16th will be rated with the old rates. This provision aims to avoid any confusion or discrepancies in billing.
“Further discussions between the terminal operators and the Shippers Council will continue to refine and improve the processes. This ongoing dialogue will ensure that the interests of all parties are considered and addressed.
“The above resolutions will take effect immediately. All parties involved have agreed to abide by these resolutions and work collaboratively until further notice”.
The resolution was described as a demonstration of commitment on the part stakeholders to foster a harmonious working environment for the benefit of the industry.

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