Port of Spain to reduce free time
The Port of Port-of-Spain, Trinidad said it would reduce the amount of free storage time for import containers effective June 1.
The port said free time for five or more import containers on a single bill of lading will be reduced form the current 10 days to seven days. The charge for containers still at the port for eight to 15 days will be $13 a day for 20-foot containers and $25 for 40-foot containers. For periods beyond 15 days the charge will be $25 a day for 20-foot containers and $50 a day for 40-foot containers.
All charges will be in U.S. dollars and will be based on the Bloomberg exchange rate on the first day of the applicable month.
Port of Spain to reduce free time
