The Nigerian Ports Authority (NPA) will restore the services of the four shipping companies, including Maersk and Cosco, whose operations were suspended as they did not comply with the directive of acquiring and operating holding bays for their containers.
Two weeks ago, the shipping services of Maersk, Cosco Shipping, APS and Lansal were suspended by the NPA, as they did not update their Holding Bays capacities. The suspension was for 10 days.
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Now the companies have been given two weeks, beginning from Friday July 20th 2018 to comply with the directive. Namely, the companies must increase the capacity of their Holding Bays ranging from 1,800 TEUs to 7,500 TEUS.
The companies will also sign-off on the volume capacity of the Holding Bays verified at the end of this period and that at the expiration of the two weeks an inspection will be conducted to ensure compliance. The Authority said that further sanctions will be applied if the companies do not meet the said conditions.
The two weeks period of grace granted to the four companies after a meeting the Authority held with officials of the companies over the weekend. It reached this decision, after reviewing their presentations and conducting a joint inspection on their existing facilities.
