Importers to increase prices as shipping firm raises charges for Nigeria, Ghana, others

1 week ago 12
  • Nigerian importers volition present beryllium required to wage further charges connected each 20-foot instrumentality cargo coming from 5 countries
  • The shipping enactment has fixed reasons for the caller complaint and mentioned erstwhile it volition instrumentality effect
  • Other West African countries are affected by the directive, including Ghana and different of Nigeria's neighbours

Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

Importers bringing goods into Nigeria and different West African countries volition present person to wage much arsenic CMA CGM Shipping lines has imposed further charges.

Every twenty-foot equivalent portion of instrumentality coming from Asia to these countries volition present pull an further $1,200 charge, successful summation to different existing charges.

According to the announcement from the French shipping company, the caller charges instrumentality effect connected Sunday, 15 June 2025.

Hard times for Nigerian importers arsenic  shipping institution  slams further  charges connected  cargo from 5 countries, reasons disclosedThis is akin to charges the institution imposed astatine astir this clip past year. Photo credit: Contributor
Source: Getty Images

Shipping enactment increases charges for Nigeria, different countries

According to the notice, the surcharge is simply a effect to the seasonal cargo surges and volition besides easiness the pressures of operational costs on the Asia-Africa commercialized route.

Neighbouring countries specified arsenic Ghana, the Republic of Benin, Côte d’Ivoire, Togo, and Equatorial Guinea are besides affected by the surcharge, the PUNCH reports.

It besides extends to destination ports successful Cameroon, Gabon, Namibia, Congo, the Democratic Republic of the Congo, and Angola.

Note that the institution similarly imposed a $400 highest season surcharge astir July 2024.

New charges impact cargo from 5 countries

The surcharge volition beryllium imposed connected adust cargo transported nether short-term contracts from immoderate of these locations:

  • Southeast Asia
  • Northeast Asia
  • China
  • Hong Kong
  • Macau Special Administrative Region.

The shipping institution noted that each different applicable costs, similar terminal handling charges, basal freight, bunker-related fees, and information oregon information surcharges, stay the same.

CMA CGM imposes surcharge connected cargoes from China to 9 countries

In the aforesaid vein, the institution imposed different surcharge connected cargoes originating from China and heading to countries successful West Africa’s North Range.

This further $1,600 complaint applies to each 20-foot container, portion 40-foot containers incur nary other charges.

The destination countries affected by this surcharge include:

  • Senegal
  • Liberia
  • Gambia
  • Guinea
  • Mauritania
  • Sierra Leone
  • Guinea-Bissau
  • Cape Verde
  • São Tomé & Príncipe.

CMA CGM gives reasons for further charges

The shipping steadfast noted that the Asia-Africa commercialized way is 1 of the busiest successful the world, and the further charges are a effect to challenges that travel during highest periods similar this.

It reiterated its committedness to providing reliable, efficient, and uninterrupted work contempt the seasonal marketplace pressures.

Note that the institution has already removed the container deposit request for each caller bookings starting May 21, 2025.

Shipping institution  raises charges for Nigeria-bound cargo from 5  countries; reasons explainedThe French shipping institution besides precocious imposed $100 surcharge connected cargoes coming to Nigeria from 3 countries. Photo credit: Christophe SIMON/AFP/File
Source: AFP

The Central Bank of Nigeria (CBN) has besides slashed the Customs exchange complaint for importers to wide goods, frankincense easing immoderate pressures.

Shipping enactment slams $100 complaint connected Nigeria-bound cargo

In related news, CMA CGM imposed a $100 surcharge connected Nigeria-bound instrumentality cargoes, sparking contention among shipping agents.

The $100 surcharge applies to each twenty-foot Equivalent Units (TEUs) coming into Nigeria from 3 countries, including China.

The notice, dated 5 May 2025 and published connected the company’s website, stated that the surcharge would use to short-term contracts and instrumentality effect from May 1, remaining successful spot until further notice.

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Source: Legit.ng

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