No Container Deposit (NCD) Initiative at Hutchison Ports Dammam

Hapag Lloyd in collaboration with Hutchison Ports Dammam, launched the NCD facility on 24th June 2018 for their import customers in Dammam port. Under the NCD facility, Hapag Lloyd will waive the container deposit collected from consignee/ broker and hence help to mitigate the financial burden on the customers. The new service will help to speed up issuance of delivery order and improve container turn time The new service is coherent with Saudi Port Authority and Customs initiative of 24 hours container clearance.