Demurrage, detention charges waived as lockdown support
Business
May 13, 2021
KARACHI: The government will waive demurrage/detention charges on trade containers over the extended Eid holidays and lockdown, minister for maritime affairs said on Wednesday.
Minister for Maritime Affairs Ali Haider committed the waiver during a meeting with a delegation of businessmen.
The government announced extended Eid holidays and economic shutdown with exemption to certain industries amid the coronavirus outbreak. Karachi Port Trust last year granted importers free access to its storage spaces for two weeks.
On the issue of non-inclusion of FPCCI nominee on the KPT board, the minister said one nominee of the apex representative business, industry, and trade body of Pakistan would be inducted on the KPT board.
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Magoo on Wednesday said that Federal Minister for Maritime Affairs Ali Haider Zaidi has promised to waive the demurrage/detention charges incurring over the extended Eidul Fitr holidays/lockdown.
A delegation of the FPCCI led by Mr Magoo met with the minister at PNSC House. Pakistan Foreign Investors Forum (PFIF) Founder President Khurram Tariq Sayeed and Secretary General Sheikh Sultan Rehman were also present in the meeting.
Mr Maggo emphasised that shipping companies only allow limited days of free storage from the date of arrival of the cargo. Due to the banks being closed over the extended Eid break, the documents would not be cleared within stipulated period and that will expose the cargo to hefty demurrage/detention charges, he explained.
May 12, 2021
USDOT Responding to Colonial Pipeline Disruption Written by Marybeth Luczak, Executive Editor
The Pipeline and Hazardous Materials Safety Administration (PHMSA) assisted in Colonial Pipeline’s efforts to get Line 4 up and running May 10 “on a manual basis and is continuing to support efforts to ensure safe movement of fuels manually, while concurrent efforts to restore the system’s operation continues.”
The U.S. Department of Transportation (USDOT) has outlined its efforts to help mitigate impacts of the May 7 ransomware cyberattack on the Colonial Pipeline system.
As part of the Biden-Harris Administration’s continuing assessment of the incident on fuel supplies for the East Coast and reported shortages in parts of the Southeast, the USDOT has been evaluating how the Department and its agencies can help, and released a statement on May 11 highlighting the response so far: