Manila port operators seek shorter free storage period for containers

in World News

Containers are stacked at the Manila North Harbor, in Manila, in this BusinessMirror file photo.

Port operators Asian Terminals Inc. (ATI) and International Container Terminal Services Inc. (ICTSI) are asking the Philippine Ports Authority (PPA) to shorten the period for free storage of containers to better control dwell time.

Separately, ICTSI is seeking an adjustment of storage charges for out of gauge (OOG) shipments, while ATI is proposing to establish a tariff for OOG shipments and arrastre rates for handling empty containers.

ATI wants to cut the allowed free storage period to seven days from 10 day—with storage starting from date of the Bureau of Customs’ (BOC) Online Release System (OLRS)—before penalties are imposed. The proposal aims to reduce the average dwell time of containers at Manila South Harbor, said ATI Assistant Vice President for Business Development Edward Ian

Read More: https://businessmirror.com.ph/2020/02/15/manila-port-operators-seek-shorter-free-storage-period-for-containers/

Photo Credit: BusinessMirror

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