The Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Emmanuel Jime, has said that the Port Service Task Team has saved a total of $6.540m, which is equivalent to ...
The Nigerian Shippers’ Council (NSC), has saved the nation’s economy a whooping N58.4 billion through intervention in legal cases, vessel demurrage and fines imposed on truck owners by the ...
Container xChange's latest annual benchmark study of demurrage and detention charges recently showed that the ports in the U.S have the highest demurrage and detention (D&D) charges among the top 60 ...
The Federal Maritime Commission has imposed new billing standards on ocean carriers and terminal operators in an effort to crack down on abusive container late fees. The new requirements focus on ...
Foreign vessels calling at the nation’s seaports have saved a whooping N3.3 billion (equivalent to $6.54 million) as demurrage resulting from delays in vessels clearance in the last 12 months.
Demurrage is a fee attached to cargo that has overstayed its time at a terminal. These fees can be enforced by port officials. Depending on the vendor, terminal, warehouse or container station, fees ...
Properly managing your organization’s supply chain is crucial for getting products and materials to the right place at the right time. And while many issues could interfere with your supply chain ...
At the backdrop of renewed fight against inefficiency and corruption at the Nigeria’s ports industry, the Port Standing Task Team, PSTT, of the Nigerian Shippers Council, NSC, has reported a ...