Break bulk cargo costs have been hiked by 125% by the Nigerian Shippers Council.
This was one of the resolutions reached on Tuesday by terminal operators, shipping companies, freight forwarders, and other key stakeholders, according to NSC.
According to the council, the charge increase reflects the changing dynamics of the sector.
“Break bulk cargo charges have been increased from 125% to 250 per cent. This adjustment reflects the changing dynamics of the industry and ensures fair compensation for services provided.
“All complaints regarding inefficiencies by the terminal operators will be addressed immediately. This commitment aims to improve overall operations and enhance customer satisfaction”, the resolution partly reads.
The development comes despite shippers’ groaning on exorbitant cargo charges in Nigeria’s ports.