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.