Demurrage relief sought
LAHORE: Thousands of containers carrying imported goods are stuck at the port and cannot be cleared because the required documents have not yet reached from China, an official said on Wednesday.
Talking to The News, Nauman Kabir, chairman of the Pakistan Industrial and Traders Association Front (PIAF), said the shipping lines and the Karachi Port Trust (KPT) have imposed heavy demurrage on them, and there is no relief in sight for the importers. There is a delay in delivery of documents from China because of the closure of offices. In the absence of these documents, Kabir said, the banks and other related entities are not ready to order release of these shipments.
He said an importer of food essence told him that the demurrage imposed on his container was almost equal to the cost of the merchandise he had imported. Kabir urged the government to discuss the issue with the shipping lines and KPT and announce relief for the importers whose containers are stuck at the port. They deserve this favour because they are victims of circumstances that they, along with the rest of the world, are facing at the moment, he added.
-
Prevent Cancer With These Simple Lifestyle Changes -
Experts Reveal Keto Diet As Key To Treating Depression -
Inter Miami Vs Barcelona SC Recap As Messi Shines With Goal And Assist -
David Beckham Pays Tribute To Estranged Son Brooklyn Amid Ongoing Family Rift -
Jailton Almeida Speaks Out After UFC Controversy And Short Notice Fight Booking -
Extreme Cold Warning Issued As Blizzard Hits Southern Ontario Including Toronto -
Lana Del Rey Announces New Single Co-written With Husband Jeremy Dufrene -
Ukraine-Russia Talks Heat Up As Zelenskyy Warns Of US Pressure Before Elections -
Lil Nas X Spotted Buying Used Refrigerator After Backlash Over Nude Public Meltdown -
Caleb McLaughlin Shares His Resume For This Major Role -
King Charles Carries With ‘dignity’ As Andrew Lets Down -
Brooklyn Beckham Covers Up More Tattoos Linked To His Family Amid Rift -
Shamed Andrew Agreed To ‘go Quietly’ If King Protects Daughters -
Candace Cameron Bure Says She’s Supporting Lori Loughlin After Separation From Mossimo Giannulli -
Princess Beatrice, Eugenie Are ‘not Innocent’ In Epstein Drama -
Reese Witherspoon Goes 'boss' Mode On 'Legally Blonde' Prequel