Onne port terminal operator plans tariff hike

The West African Container Terminal located in Onne River State has concluded plans to increase its tariff with effect from April 1, 2025.

WACT announced this in a notice sighted by The PUNCH on Sunday. The terminal stated that it has got the necessary approvals from relevant agencies to adjust both terminal handling charges and storage chargeable at the terminal.

It added that the THC will be adjusted by eight per cent while the storage charge will be adjusted by 100 per cent.

“We wish to inform you that WACT has reviewed its tariff in line with the relevant regulatory approval to adjust both Terminal Handling Charges and Storage chargeable at the terminal.

“To this end, effective on April 1, 2025, applicable THCs shall be duly adjusted by eight per cent and Storage by 100 per cent, and the new rates shall be made available on our website on the said effective date,” the notice read in part.

The terminal explained that the storage-free days had been adjusted from three free days to five free days.

“We understand the inconvenience this may cause you; hence, the storage-free days have been adjusted from three free days to five free days,” it added.

WACT mentioned that as a customer-centric business, “it has continued to provide excellent customer experience by investing in both equipment and infrastructure upgrades and process optimisation.”

According to the terminal, the adjustment will help achieve improved supply chain efficiency via e-commerce products, flexibility, reliability, and a safe and cost-effective manner for both our business and those of our customers.

“We appreciate your understanding and cooperation, enabling us to continue to deliver best-in-class service to you,” it concluded.