By Seun Ibiyemi
The Nigerian Shippers’ Council (NSC) has directed Mediterranean Shipping Company (MSC) to suspend the implementation of its newly introduced shipping tariff, as concerns mount within Nigeria’s maritime sector over the proposed charges.
In a letter dated March 23, 2026, titled “Re: Suspension of Tariff Approval” with reference number MSC/RSD/M4/044/VOL/124, the Council instructed the shipping firm to comply with an earlier directive halting the tariff increase.
The letter, signed by the Director of Regulatory Services, Margaret Ogbonnah, on behalf of the Executive Secretary and Chief Executive Officer of the Council, Pius Akutah, was addressed to the Managing Director of MSC.
According to the Council, MSC is required to maintain the existing tariff regime pending the convening of a stakeholders’ meeting where the proposed charges and their implications for port users will be thoroughly discussed.
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“The Nigerian Shippers Council (NSC) has formally requested your organization to abide with current tariff suspension until NSC organizes a stakeholders meeting soonest. Please accept the assurances of the Executive Secretary/CEO esteemed regards,” the letter stated.
The directive comes amid rising tension in the maritime industry, with stakeholders expressing concern over the potential impact of increased shipping tariffs on port operations, trade costs, and the broader economy.
