13 Jan 2017
MALAYSIA: Port of Labuan Extends Operating Hours and Free Storage Period
The container terminal at the East Malaysian port of Labuan will now operate for 126 hours a week, a significant increase on its previous 45 hours a week working schedule. The move comes as part of a bid to reduce congestion at the facility, a problem exacerbated by the increased volume of trade between the port and the Southern Philippines.
In an additional measure, laden containers can now be stored at the port for up to 21 days without incurring additional costs, an increase of 18 days on the previous practice. It is hoped that this extended allowance will prove attractive to importers, giving them greater flexibility when transferring imported containers for onward shipment.