Alternatives for Collection of Container Deposits In Malaysia
Alternatives for Collection of Container Deposits In Malaysia
The Ministry of Transport is committed to resolving issues affecting the logistics industry in Malaysia that impede efficiency and trade flows. As such, I have issued a letter to all parties involved in import transactions by sea in Malaysia allowing them three (3) alternatives to placing container deposit, as follows:
Non-Cheque Deposit (NCD) Scheme; or
Container Ledger Account (CLA); or
iCargo+.
Container deposit is one of major issues of dispute between shipping lines and shippers in Malaysia and has been brought to the National Logistics Task Force (NLTF) chaired by the Minister of Transport.
Click here to read more. The first two pages is the BM version while the English version can be found on the third and fourth pages