TNPA seeks over 4% tariff increase

Reported by FTW Online

It has been reported today in FTW Online that the Transnet National Ports Authority (TNPA) has proposed a weighted average tariff increase of 4.21% for the 2019/2020 financial year.

This will be made up of:

A tariff increase of 8.00% on Marine charges (shipping lines).

An average of 2.74% increase in Cargo Dues differentiated as follows:

• 5.00% on Liquid Bulk and Break Bulk Cargoes;
• 1.79% on Containers;
• 0.00% on Automotive exports.

5.00% on Dry Bulk Cargoes differentiated further as follows:

• Coal to increase by 8.00%;
• Ores and Minerals: Magnetite to increase by 8.00%; and
• Other Dry bulk to increase by 3.75%.

The proposed tariff increases are subject to the approval of the Ports Regulator, which has invited port users and stakeholders to submit comments by Friday, 12 October 2018.

Written submissions should be addressed to:

The Chairman
Ports Regulator
Private Bag X54322
Durban, 4001

or

11th Floor, The Marine Building
22 Dorothy Nyembe Street
Durban, 4001

Contact person: Mr. Phakade Sicwebu
Tel. +27 (0)31 365 7800
E-mail: comments@portsregulator.org

The full tariff application may be obtained from: https://www.portsregulator.org/documents/Tariff-Application-FY2019_20.pdf