Page 2 - Lading Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Demurrage, detention charges waived as lockdown support Business May 13, 2021 KARACHI: The government will waive demurrage/detention charges on trade containers over the extended Eid holidays and lockdown, minister for maritime affairs said on Wednesday. Minister for Maritime Affairs Ali Haider committed the waiver during a meeting with a delegation of businessmen. The government announced extended Eid holidays and economic shutdown with exemption to certain industries amid the coronavirus outbreak. Karachi Port Trust last year granted importers free access to its storage spaces for two wee...

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Magoo on Wednesday said that Federal Minister for Maritime Affairs Ali Haider Zaidi has promised to waive the demurrage/detention charges incurring over the extended Eidul Fitr holidays/lockdown. A delegation of the FPCCI led by Mr Magoo met with the minister at PNSC House. Pakistan Foreign Investors Forum (PFIF) Founder President Khurram Tariq Sayeed and Secretary General Sheikh Sultan Rehman were also present in the meeting. Mr Maggo emphasised that shipping companies only allow limited day...

FPCCI stresses need for new laws that have been stuck in parliament for 15 years