December, Port Houston to apply new container import dwell fee.
Port Houston to apply new container import dwell fee
The Port Commission of the Port of Houston Authority authorised amendments to Tariffs Nos. 14 and 15 covering two box terminals, Barbours Cut Terminal and Bayport Container Terminal.
The port commission decided to implement a sustained import dwell fee from 1 December 2022, while it has also authorised an optional excessive import dwell fee.
Port Houston said this new fee structure is aimed to help mitigate the issue of long-dwelling loaded import containers by incentivising cargo movement, as the port is experiencing record container volumes in the latest months.
The fee would be assessed directly to the Beneficial Cargo Owners (BCOs) on the eighth day after the expiration of free time.
Executive director of the port, Roger Guenther said that staff had evaluated several options to improve Port Houston’s cargo movement and has concluded that “it would be reasonable to further incentivise the BCO or third party accepting the charge on its behalf to remove containers from the terminal and reduce dwell time”.
During the meeting of the commission on 27 October, amendments of Tariff Nos. 14 and 15 regarding the hour of commencement of free time for export storage, import storage, and rail storage have also been approved.
The port commission has also approved more than US$52 million towards investment in infrastructure, including providing the US Army Corps of Engineers up to US$42 million to support the Fiscal Year 2023 for the design and construction of the Houston Ship Channel Expansion – Project 11.
Furthermore, it approved a US$7 million contract to Rigid Constructors, LLC, to construct a 48,560m² interim container storage facility expansion to redevelop the west end of Barbours Cut terminal.
Source: Compiled from the Internet
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