Business
Shippers’ Council Suspends Demurrage Charges

The Nigerian Shippers’ Council (NSC) has directed shipping companies to suspend demurrage charges during the period of COVID-19 lockdown.
The Executive Secretary of the NSC, Mr Hassan Bello, made the announcement in a statement in Lagos.
According to him, the suspension applies to cargo that is discharged at the terminals from March 30.
“In line with the presidential directive that port operations are essential services, NSC has been monitoring activities to ensure that seaports run efficiently and smoothly within the present circumstances.
“It also ensures that the port runs in compliance with the existing health and safety guidelines for the prevention and containment of the spread of COVID-19.
“During the daily monitoring exercise, it was observed that some shippers, through no fault of theirs, are unable to take delivery of their cargo because of lack of public transportation, inadequate banking services and limited service providers, due to reduced workforce, etc.
“Based on the forgoing, NSC has directed shipping companies to suspend demurrage charges during the period of the COVID-19 lockdown which is with effect from March 30.”
The executive secretary added that demurrage charges during this period should be refunded to the consignee or his authorised agent.
Bello pointed out that the suspension of demurrage during this period was an incentive for owners of cargo to accelerate the process of taking delivery of their cargo.
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
Politics2 days ago
Senate Confirms Amupitan As INEC Chairman
-
Nation2 days ago
HYPREP Remains Steadfast In Adhering To International Standards—Zabbey …As Regulators, Asset Owners Hail Project
-
News2 days ago
NERC Approves N28bn For Procurement Of Meters For Band A Customers
-
News2 days ago
Fubara Reassures Rivers People Of Completion Of PH Ring Road Project
-
Rivers2 days ago
World Food Day: Farmers Urge Collaboration For Improved Productivity
-
Nation2 days ago
MOSIEND Hails Benibo Anabraba Appointment As Rivers SSG
-
Rivers2 days ago
IAUE Governing Council Chair Assures On Mandate Delivery
-
Featured2 days ago
Fubara Tasks New SSG On Honour, Service, Protection Of Rivers Interest