Service
Bonded Terminal
A customs-licensed bonded terminal of our own in Port Harcourt — cargo held under bond until you need it on site.
Duty-unpaid cargo has to sit somewhere secure and customs-approved while formalities are completed. Most forwarders rent that space from someone else. We own ours.
The Port Harcourt terminal is customs-licensed, with covered warehousing and over 25,000 m² of open yard for heavy equipment staging and container storage. Cargo can be held under bond and released to site when your project needs it, rather than when a third-party terminal has capacity — which on a drilling programme is the whole point.
Under bond the duty is not paid when the cargo lands; it is paid when you take the cargo out. That is what the arrangement is for on a project buying ahead of a schedule. We hold the consignment against your stock and settle the duty at release, so the money follows the requirement rather than the shipping date.
What drives the cost
- cargo weight and dimensions
- mode and routing
- whether the cargo is regulated
- handling and storage at destination
- duty and levies, which are set by Customs and not by us
What drives the timeline
- whether documentation is in place before the cargo ships
- Customs examination selection
- port congestion at the time of arrival
- onward road access to the delivery site
What's included
- Customs-licensed bonded storage
- Covered warehousing
- Open yard — heavy equipment staging and container storage
- Inventory management and stock reporting
How we do it
- Cargo received under customs bond
- Tallied, inspected and recorded against your stock
- Held, with stock visible to you
- Released on your instruction, duty settled at release
- Delivered to site
Questions
- How long can cargo stay under bond?
- Cargo stays under bond until you release it or the bond period runs out, whichever comes first. We track those dates against your stock and tell you before either becomes a problem.
- Can I hold stock there as a project buffer?
- Yes — that is a large part of what the terminal is for. Equipment can be staged there through a project rather than shipped piece by piece against each milestone.