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3-day free storage period ruling postponed again

A law to reduce the number of free storage days for containers at Port Klang to three days from five has been postponed once again, as imports and exports slumped amid the global economic slowdown.
 
The Port Klang Authority (PKA), the regulator of Northport and Westports, has set January 1 2010 as the new implementation date. The plan was first mooted in 2002.
 
In a statement issued on Saturday, PKA said after consultation with the two terminal operators at Port Klang and port users, it has decided to further postpone the implementation of the three-day free storage period policy.
 
"Although the reduction in free storage was already adopted in January this year, the terminal operators were not penalising boxes staying in the port for more than three days," PKA said.
 
It was announced earlier that the new free storage period was going to be effective on July 1 2009, but in view of the current economic situation it has been decided that a further six months extension be considered.
 
PKA said in the meantime, a working committee set up to look into the bottlenecks will continue to work with the other logistics players to improve the delivery system among all the parties in the delivery chain in line with the agreed standard operating procedures.  

     
Source: NST

               

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