shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Blaming Inflation, PTML, Five Star Logistics Terminal Increase Tariff Amidst High Cost Of Cargo Clearance

Blaming Inflation, PTML, Five Star Logistics Terminal Increase Tariff Amidst High Cost Of Cargo Clearance

by Joshua
May 17, 2021
in Featured, News

Amidst increase in cost of cargo clearance, Port and Terminal Multiservice Limited (PTML) and Five Star Logistics Terminal have announced new tariffs, effective June 1, 2021. Both terminals are at Tin Can Island Port.

Both terminals blamed the increase on inflation and the ever increasing operational expenses that has had a huge impact on their direct cost.

In a notice issued to its customers obtained by Shipping Position Daily, the terminal justified that the increase became imperative owing to the impact of the economy on the company’s direct cost, adding that the terminal has not adjusted its tariff for numbers years

The notice of tariff increase reads in part: “PTML would like to bring to the attention of its esteemed customers that the dramatic surge in Inflation in 2020 and 2021 and the ever-increasing operational expenses incurred because of the particularly challenging operational port environment have had a huge impact on the company direct cost.

“PTML RO/RO tariffs have not been adjusted for a number of years and it has become Impossible for the Terminal to provide same level of service at current prices.

“To keep PTML superior standard and provide a competitive and efficient service, it has therefore become imperative to restructure our RO/RO terminal tariffs from 1″ June 2021”

The company gave the increase in tariff as follows, terminal handling cost for cars up to 15 cbm will now cost N22,000 against N8000, initially charged while the terminal delivery cost is put at N5000

Terminal handling cost for vans SUVs Jeeps up to 25 cbm will now cost N33000 against N11,000 initially charged, while the terminal delivery cost will cost N7500

Trucks, Busses “up to 140 cbm terminal handling cost will cost N42, 900 against N30,000 initially charged while the terminal delivery cost will cost N9000

Trailers over 140 cbm terminal handling cost will cost N55, 800 as against N32,600 initially charged while terminal handling cost will cost N10, 800

The company also introduced terminal documentation charges of N15, 000, among other charges.

The notice of tariff hike by Five Star Logistics which was sighted by our correspondent also indicate about 50 percent hike.

When contacted chairman of the National Association of Government Approved Freight Forwarders (NAGAFF), Mr. George Okafor, said the association will contest the charges, stating that the association will very soon hold a meeting with the terminal operators with the hope of reviewing the charges.

On his part, the former chairman of Association of Nigerian Licensed Customs Agent (ANLCA); Wole Obe, said he was not in the know of the increase in charges, while however stating that the increase in tariff at a time the economy is bleeding is unacceptable.


Related Posts

Apapa Customs Seals Three Bonded Terminals, Seizes 27 Containers in Anti-Smuggling Crackdown

Apapa Customs Seals Three Bonded Terminals, Seizes 27 Containers in Anti-Smuggling Crackdown

July 3, 2025
Clarion Shipping Unveils Nigeria’s First Indigenous Container Vessel, Targets West African, China-Nigeria Trade Routes

Clarion Shipping Unveils Nigeria’s First Indigenous Container Vessel, Targets West African, China-Nigeria Trade Routes

July 3, 2025
Customs Intercepts 111 African Parrots, Illicit Drugs In Adamawa

Customs Intercepts 111 African Parrots, Illicit Drugs In Adamawa

July 3, 2025
Oyetola Inaugurates NIWA Governing Board, Charges Members on Discipline, Development

Oyetola Inaugurates NIWA Governing Board, Charges Members on Discipline, Development

July 3, 2025

Discussion about this post

Latest News

Apapa Customs Seals Three Bonded Terminals, Seizes 27 Containers in Anti-Smuggling Crackdown

Apapa Customs Seals Three Bonded Terminals, Seizes 27 Containers in Anti-Smuggling Crackdown

July 3, 2025

Clarion Shipping Unveils Nigeria’s First Indigenous Container Vessel, Targets West African, China-Nigeria Trade Routes

Customs Intercepts 111 African Parrots, Illicit Drugs In Adamawa

Oyetola Inaugurates NIWA Governing Board, Charges Members on Discipline, Development

WCO: Centre Says Adeniyi’s Leadership‘ll Deepen Nigeria Customs’ Global Collaboration

WCO: FRSC Corps Marshal Congratulates Comptroller General Of Customs On Election As Chairperson

NESREA Hails Customs Boss On Election As WCO Council Chairperson

Reps Begin Plans To Revive Baro Inland Port

BREAKING: Oyetola Inaugurates NIMASA Governing Board, Charges Members on Strategic Oversight

Apapa Customs Boss Breaks Bottlenecks: ANLCA Chairman Hails Reduction of Checkpoints, Demands More Reforms

Succession Planning: Shippers’ Council Launches Training Programme for Mid-Level Officers

SEREC Outlines Key Benefits, Strategic Advice for CGC Adeniyi on His Appointment as WCO Council Chair

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition