International Shipping Lines Reverse Peak Surcharge On Nigerian Cargoes     There are indications that international shipping lines may have shelved plans to implement the 400 percent hike in peak season surcharges they slammed on Nigeria bound cargoes. The shipping firms had concluded plans to raise the surcharge...

Nigerian Importers Groan Under Surcharges Levied On Cargo   Importers have decried the huge surcharge imposed on them by the international shipping firms on cargoes imported from across the world. According to the importers, these surcharges have heightened the cost of doing business in Nigerian ports, on...

Nigeria Loses N150bn Annually To Foreign Shipping Surcharges   The Nigerian economy is losing N150bn yearly to multiple surcharges slammed on Nigeria-bound cargoes by foreign shipping companies. This was the result of a study released in Abuja on Monday, at a one-day sub-regional summit tagged, ‘Unfair Shipping...

Surcharges: NSC Accuses Shipping Lines Of Flouting UNCTAD Provisions The Nigerian Shippers Council (NSC) has expressed concerns over the alleged imposition of all manner of surcharges by multi-national shipping lines bringing cargoes into the country. The ports economic regulator is particularly worried that most of the...