Malé, Maldives – In a move aimed at easing import-related costs for businesses, Maldives Ports Limited (MPL) has announced the extension of the demurrage-free period for conventional cargo stored in open storage facilities at the Malé Commercial Harbour.
Effective February 1, the grace period has been doubled from five days to ten, offering importers additional time to clear non-containerised cargo without incurring demurrage charges. The decision comes as part of broader government efforts to boost economic resilience and support small and medium enterprises (SMEs).
MPL stated that the revised policy, approved by its Board of Directors, applies specifically to non-containerised goods stored in the port’s Open Storage Area. The extension excludes perishable goods and other items prone to rapid spoilage.
The company described the initiative as a targeted measure to reduce logistical burdens and foster a more enabling environment for entrepreneurs and import-reliant businesses, many of whom have been navigating challenging economic conditions.
“This extension is a meaningful step toward improving operational flexibility for the trading community,” an MPL official said, adding that the decision aligns with the government’s priority to enhance economic competitiveness.
The announcement follows a consultative meeting held on December 17, 2025, between President Dr. Mohamed Muizzu and representatives from the SME sector, where business leaders voiced concerns about import procedures, cargo delays, and escalating operational costs.
In response, President Muizzu instructed key government-owned entities to implement immediate relief measures. These include:
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Extending the demurrage-free period for air cargo handled by Maldives Airports Company Limited (MACL) from 80 hours to 124 hours.
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Introducing 24-hour goods clearance services, designed to expedite cargo processing and minimize unnecessary delays at entry points.
The demurrage policy update at Malé Harbour represents a strategic intervention under the administration’s economic reform plan, aimed at streamlining import logistics, enhancing service efficiency, and reducing bottlenecks in the supply chain.
Officials say the decision reflects a pro-business approach from both MPL and the current administration, reaffirming a commitment to creating a more supportive environment for Maldivian enterprises—especially those most vulnerable to fluctuating costs and delays.
