The Chief Commercial Officer of the terminals, Mr Neil Fletcher, disclosed this in Lagos. He said the offer became necessary to decongest the port.
APM Terminals had in 2008 and 2011 waived more than N2.5 billion storage charges for long-standing containers at its facility.
Fletcher said the measure was in support of the government’s effort to reduce clearance time and congestion at the seaports. He said 724 overtime containers sitting at the terminal will enjoy the 50 per cent storage charge waiver.
He urged importers and agents to take prompt delivery of their containers to avoid incurring high storage charges.
“If cargo is released and delivered fast, no storage penalty will apply. But if on the other hand cargo is left in the port for many weeks or months, then high storage penalty will apply because the port is not for storage,” Fletcher said.
The storage charge waiver on long-standing containers, according to him, “is aimed at making sure that importers and their agents take quick delivery of their boxes so that we can free up space in the terminal.”
Also, the terminals has begun operations at its new temporary physical examination site, and has introduced free bus shuttle from its gate to the new examination site for clearing agents and Customs operatives.
Fletcher said work on the old physical examination site would begin soon.
Information from The Nation was used in this report.