Customer Advisory-Increase in Demurrage and Container Deposit

Dear Valued Customers,

This is to inform you of upward review in our demurrage and container deposit rates. This decision was reached following an analysis of the inflationary trends since the last time we reviewed our rates and also considering the going rates in the market.

Please see below our current rates and the new levels which have been approved by the Nigerian Shippers’ Council, and will be effective onwards, starting from date 16-May-21, and scheduled as shipments loading on Kota Sejati 0051W/0052E ETD Xingang 16-May-21 and ETA Onne 26-June-21; ETA Lagos 01-July-21:

		Container Size	Current Tariff Levels	New Tariff Levels
Container Deposit	DV (Within Lagos)	20′	NGN 100,000	NGN 112,500
		40′	NGN 200,000	NGN 225,000
	DV (Outside Lagos)	20′	NGN 150,000	NGN 268,750
		40′	NGN 300,000	NGN 537,500
	DV (Rivers State)	20′	NGN 75,000	NGN 84,375
		40′	NGN 150,000	NGN 168,750
	DV (Outside Rivers State)	20′	NGN 100,000	NGN 212,500
		40′	NGN 200,000	NGN 425,000
	RF (Flat Rate)	20′	NGN 250,000	NGN 281,250
	OT (Flat Rate)	40′	NGN 500,000	NGN 562,500
Demurrage	After Standard Free time (DV, OT, FR)
	days 6-10	20′	NGN 7,000	NGN 7,875
		40′	NGN 10,500	NGN 11,813
	days 11-15	20′	NGN 9,300	NGN 10,463
		40′	NGN 14,600	NGN 16,425
	days 16-21	20′	NGN 11,600	NGN 13,050
		40′	NGN 17,500	NGN 19,688
	22 onwards	20′	NGN 13,900	NGN 15,638
		40′	NGN 20,400	NGN 22,950
	After Standard Free time (RF)
	days 4-6	20′	NGN 12,000	NGN 13,500
		40′	NGN 24,000	NGN 27,000
	7 onwards	20′	NGN 41,600	NGN 46,800
		40′	NGN 83,000	NGN 93,375

Note abbreviations: DV – Standard dry container; RF – Reefer container; OT – Open-top container; FR – flat-rack container.

Kindly go to “Rate and Charges” for more information on our local charges and services. We thank you for your patronage and understanding.

PIL Nigeria Ltd