P&O Nedlloyd introduces security charge

By: | at 07:00 PM | International Trade  

In order to meet the costs incurred to comply with the requirements of the International Ship and Port Facility Security (ISPS) code, P&O Nedlloyd has announced the introduction of a global “carrier security charge” of $6 per container with effect from January 1, 2005.

In addition, Origin and Destination Terminal Security Charges will be passed on separately as, and when, they are applied to P&O Nedlloyd by terminal operators/port authorities.

Until recently, P&O Nedlloyd has resisted the additional costs from terminals, but, like all other lines, P&O Nedlloyd faces the threat of ships being turned away at ports if the Terminal Security Fee levied by the operator is not paid.