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APM Terminals announces 50% slash on charges for overtime cargoes, gives time frame

Owners of overtime cargoes at the
APM Terminals will now enjoy a 50 per cent cut in charges, but that would remain
binding only till March 15, 2020, according to the terminal.

The APM Terminals Apapa made the
announcement on Monday saying it was in effort to check the congestion in Apapa
port, as it disclosed that the affected containers at the port were 1,290.

It, however, warned that as from
March 16, any container not cleared would have to pay full charges.

In a notice to importers, the
terminal operator said the measure was in support of the efforts of the
Nigerian Ports Authority (NPA) to decongest the port to enable the discharge of
new containers.

Part of the notice reads: “We
urgently request the importers of below listed 1290 containers that have been
in the terminal for 365 days to 4000 days, to clear them.

“To assist importers, and in
support of government policy, the Terminal will offer 50percent discount on the
storage charges for any of the listed containers delivered until 15th of March
2020. The full tariff will be payable from 16th of March 2020.”

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