NSC, shipping companies to sign pact on tariffs, others

April 30th, 2018

From Anthony Nwachukwu, Lagos

The Nigerian Shippersa�� Council (NSC) is set for a Memorandum of Understanding (MoU) with shipping companies operating in the nationa��s maritime sector, the agencya��s ExecutiveA�Secretary, Mr. Hassan Bello, has said.

The MoU will resolve issues bothering
on fees and tariffs, some of which are randomly and unilaterally set by
shipping companies and have generated
a lot of controversies and complaints
from shippers and clearing agents.

Bello stated: a�?We act on the complaints we receive from shippers generally. Shippers said the container deposit regime is extremely harsh and throughA�no fault of theirs they are made
to pay demurrage.

a�?It is important we look at the
operations of shipping companies and
even if you take container deposits, it
should be returned within four days so
that freight forwarders will continue
with their business. We are going to
work to abolish container deposits in
the long run.a�?

He further stressed the need to resolve the whole container deposit regimeA�with specific regulations to alignA�the operations with international best practices, adding that the NSC has begun periodic engagement with stakeholders to ensure that all port operators keyed into governmenta��s ease of doing business initiative.

According to him, the country will be better rated by the World Bank if all stakeholders key into the initiative; and
that rating will eventually attract more
investors and consequently reduce


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