• Contact Us
  • About Us
Wednesday, October 15, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Shippers pay $20, 000 per day for vessel delay at Lagos ports – port manager

metro by metro
March 12, 2019
in Economy
0
Nigerian Ports Authority
0
SHARES
0
VIEWS

Nigerian Ports AuthorityA maritime expert, Mr Demola Akinkunmi, says shippers are now being charged $20,000 per day for delay of ships in Nigeria.

Akinkunmi said this in an interview with the News Agency of Nigeria (NAN) in Lagos on Tuesday

Read Also

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

He said that the lack of space for vessels to discharge cargoes was a major problem at the Lagos ports.

The Offshore Manager with Africa Port Services Ltd.,  said that some equipment imported for the construction of Dangote Refinery had occupied spaces at the Lagos ports.

Africa Port Services is one of the shipping companies operating in Nigeria ports

He said that the Dangote Refinery equipment were stored at the seaport terminal pending when they would be needed at the construction site.

“Spaces which  vessels would have used to discharge cargoes are occupied by the refinery equipment, thereby making it difficult for vessels to berth and discharge.

“Vessels that were hired by shippers from ship owners abroad give importers or shippers 10 days grace on arrival after which they begin to place sub-charge of $20,000 per day.

“The situation in the port now is that rarely does a vessel discharge its content within the stipulated 10 days grace.

“In most cases vessels will arrive, stay up to eight days before the port managers will allocate space for it to discharge,’’ he said.

Akinkunmi said that for the ease of doing business to be meaningful, the nation’s ports should be abide by the standard of  International Maritime Organisation (IMO) and the overall rules of international trade.

“We cannot make our own rules from that of the global body that govern the industry,’’ he said.

The expert called on the managers of the port to use the terminals for the purpose they were meant and not a store for refinery equipment.

He said that the masses would be spared the  high cost of goods in the market and traffic gridlock in Lagos if the administrative problems at the ports were check.

He said that the sub-charge was being transferred to consumers of imported goods and services.

Tags: Lagos ports
Previous Post

Fix road infrastructure, RTEAN tells Lagos Governor-elect, Sanwo-Olu

Next Post

EEDC to complete metered transformer distribution by March 31 — Official

Related Posts

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility
Economy

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections
Economy

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

October 14, 2025
Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 
Economy

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

October 11, 2025
ABC Returns February 2026, Focuses On Growth, Reform, Partnerships
Economy

ABC Returns February 2026, Focuses On Growth, Reform, Partnerships

October 11, 2025
Next Post

EEDC to complete metered transformer distribution by March 31 — Official

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

October 14, 2025
Alausa: The Dilemma Of A ‘Japada’ Medical Minister Of Education

Alausa: The Dilemma Of A ‘Japada’ Medical Minister Of Education

October 14, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version