APM Terminals Reduces Rice Charges at the Free Port of Monrovia.

Monrovia, Liberia: There are renewed expectations of a possible reduction in rice prices following a significant cut in unloading charges at the Freeport of Monrovia.

APM Terminals, which manages container and cargo operations at the port, has reduced the cost of unloading rice by more than 33 percent. Importers previously paid US$15 per metric ton, but effective February 1, 2026, the charge has been lowered to US$10 per metric ton.

For a large rice vessel carrying approximately 50,000 metric tons, the adjustment represents potential savings of about US$250,000, industry estimates indicate.

In addition to the price reduction, the port has introduced a faster unloading technique known as pre-slinging. The method involves securing rice bags into larger bundles that are lifted by crane, replacing the slower process of handling individual bags.

Port operators say the approach has increased unloading speed by an estimated 70 to 80 percent.

The improved turnaround time for vessels is also expected to reduce demurrage costs penalty fees paid by importers when ships remain at the port beyond scheduled timelines. Demurrage charges have historically reached as high as US$25,000 per day.

Industry stakeholders note that the combined savings from lower unloading fees and shorter port stays could significantly reduce the overall cost of rice importation.

Market analysts caution, however, that any direct impact on retail rice prices will depend on whether importers and distributors pass the savings on to consumers.

Rice remains Liberia’s staple food, making price movements closely watched by households across the country. If the cost reductions are reflected in the market, consumers could see relief in the coming weeks.