THE Nigerian Court of Appeal has upheld the power of the Nigerian Shippers Council (NCS) to intervene in shipping agency charges and fees collectable by suppliers of shipping and terminal services at the Nigerian ports.
The court dismissed the appeal from the Association of Shipping Line Agencies (ASLA) and the Seaport Terminal Operators' Association of Nigeria (STOAN) against the NSC, reported the Lagos daily Punch.
Justice Chidi Nwagbara upheld the decision of the Federal High Court, which had earlier affirmed the regulatory authority of the NCS over shipping agency charges.
The ASLA and STOAN have been having a running battle with the NSC over the reduction of shipping line agency charges and refund of container deposits collected by ASLA members.
The two bodies also challenged the NSC over the reduction in progressive storage charges and increase in free storage days by STOAN members.