-1.6 C
Hamburg
Sunday, February 16, 2025
Home Port News NPA reviews suspension order on shipping companies

NPA reviews suspension order on shipping companies

The Management of the Nigerian Ports Authority has ordered the restoration of services to the four shipping companies whose operations were suspended for their failure to comply with the directive of acquiring and operating holding bays for their containers.

However the affected shipping companies have now been given two weeks, beginning from Friday July 20th 2018 to comply with four conditions to ensure sustainable relationship.

Among the conditions are that the affected companies must increase the capacity of their Holding Bays ranging from 1,800 TEUs to 7,500 TEUS; that the affected companies will sign-off on the volume capacity of the Holding Bays verified at the end of the grace period and that at the expiration of the two weeks an inspection will be conducted to ascertain compliance and that the Authority warned, thereafter further sanctions will be applied on failure to meet the said conditions.

It could be recalled that a fortnight ago, shipping services of Maersk line, Cosco Shipping, APS and Lansal were suspended by the NPA for their inability to upgrade their Holding Bays capacities. The suspension was for 10 (ten) days in the first instance.

The two weeks period of grace granted to the four affected shipping companies was sequel to a meeting the Authority held with officials of the companies over the weekend.

The decision by the NPA to grant the period of grace was after due consideration of their presentations at the meeting and a subsequent joint inspection on their existing facilities.

A formal letter dated 20th July, 2018 informing the accepted companies of the review of the suspension order signed by the General Manager, Marine & Operations, Mr. Joshua Asanga on behalf of the Managing Director, Hadiza Bala Usman, has since been despatched.





Latest Posts

Why YouTube Shares Matter for Shipping and Supply Chain Brands

If you run a shipping or supply chain brand, having a presence on YouTube is essential to finding new clients and getting your name...

How To Determine The Right Storage Container For Your Needs

From transporting to storing to organizing merchandise, the storage container takes top priority. Whether you're clearing your home, moving, or stashing merchandise, good storage...

The Role of Container Shipping in Global Supply Chains: A Focus on Heavy Equipment

In today's global economy, container shipping is essential to the functioning of numerous supply chains. Efficiently moving goods across oceans is essential to every...

How Indiana can Improve its Infrastructure and Reduce the Number of Car Accidents

How frequently do you, either as a driver or pedestrian witness or hear about traffic accidents? Unfortunately, road accidents have become an everyday occurrence...

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions,...
error: Content is protected !!