Fuel crisis prompts review of Fiji Ports tariffs

The Fijian Competition and Consumer Commission (FCCC) has begun reviewing a request from Fiji Ports Terminal Limited (FPTL) to adjust port tariffs, as rising global fuel costs place pressure on operations.

In a statement, FCCC confirmed it had received a formal submission from FPTL seeking a review of its existing tariff structure following increased operational costs linked to volatility in global fuel markets.

FCCC said no determination had been made and the submission was still under assessment.

According to the submission, escalating fuel prices have increased costs to the point where FPTL can no longer absorb them within its current budget, prompting the company to seek an adjustment to regulated tariffs.

FCCC acknowledged the importance of Fiji Ports Terminal Limited to Fiji’s supply chain and wider economy, particularly its role in facilitating imports and exports through the country’s maritime gateway.

The commission said it would carry out the assessment in a timely manner while considering stakeholder views and broader market implications.

“As part of this process, FCCC will consult with key industry groups, government agencies, and consumer representatives to make sure all views are heard before any decision is made.”

FCCC said it was mindful that any changes to port fees could affect the price of everyday goods and services, particularly as most imports pass through Fiji’s ports.

The assessment will consider the justification provided in support of the submission, the potential impact on regulated operations and broader implications for businesses and consumers.

“The review process will focus on ensuring that any outcome is proportionate, evidence-based, and mindful of both operational sustainability and consumer impact.”

FCCC said any final determination would be based on evidence and aligned with its statutory mandate.

“FCCC assures the public that any determination arising from the review process will be evidence-based assessment of the data provided, reflecting our commitment to transparent regulatory decisions made in the best interests of the people and the economy of Fiji in accordance with its statutory mandate.”