Importers protest high storage costs - News Summed Up

Importers protest high storage costs


Data from the Shippers Council of Eastern Africa (SCEA) shows that shippers are footing storage costs of between $68,660 (Sh7.3 million) and $135,310 (Sh14.4 million) weekly. In a report dubbed Impact of Covid-19 on Logistics in Kenya, January to May 2020, released yesterday, SCEA called for an extension of the free cargo storage period for local imports to cushion them from additional costs. This comes after the Kenya Ports Authority (KPA) earlier extended the free storage period on domestic export containers from nine to 15 days. SCEA calls for an extension of the free period to eight days,” said SCEA. It includes break-bulk, liquid bulk, dry bulk, containerised cargo, transit cargo, and trans-shipment.


Source: Standard Digital July 07, 2020 08:26 UTC



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