New Procedure for Paying Terminal Handling Charges
New Procedure for Paying Terminal Handling Charges

New Procedure for Paying Terminal Handling Charges

New Procedure for Paying Terminal Handling Charges

As of June 22, container owners should refer to the Ports and Maritime Organization of Iran to pay terminal handling charges, chairman of the Transportation and Logistics Federation of Iran said.
Masoud Polmeh was also quoted as saying by Mehr News Agency that international container shipping companies have until now received THCs from owners of containers and withhold them for 25 days before paying to PMO.
“Although shipping lines make no profit in carrying out this procedure, they have to pay Iran National Tax Administration and the Social Security Organization. The whole thing increases the terminal handling charges of Iranian ports,” he added.
THCs are additional costs, on top of the sea freight, normally charged by shipping companies for the handling of containers at the container terminal before being loaded onboard a vessel.
Referring to the point that terminal handling charges vary from port to port in each country depending on the total cost of port terminal handling at each location, the official said THCs are higher in Iranian ports than those of regional ports such as the Emirati port of Jebel Ali.
“As per the agreement reached on Thursday between the Shipping Association of Iran and PMO, the go-between role played by shipping lines in this respect will be eliminated and the owners of goods and containers have to pay PMO the charges directly and in local currency [rial],” he concluded.

Short URL : https://goo.gl/W7cpC1
  1. https://goo.gl/73jXjz
  • https://goo.gl/RcpJhb
  • https://goo.gl/VqZrVP
  • https://goo.gl/huwUrH
  • https://goo.gl/si5wix

You can also read ...

Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
19 Gov’t Assets Up for Privatization
The third month of the current fiscal year (May 22-June 21)...
Analogue Wall Clock Imports at $1.1m
More than 318 tons of analogue wall clocks worth close to 38.2...

Add new comment

Read our comment policy before posting your viewpoints