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Submission Made To Review Port Fees And Charges

Fiji Ports Corporation Limited (FPCL) have made submissions to the Fijian Competition and Consumer Commission (FCCC) to review International Port fees and charges. According to a statement, FCCC is currently
30 Sep 2021 09:00
Submission Made To Review Port Fees And Charges
Fiji Ports Corporation Limited has made a formal submission to review international port fees and charges. Photo: Leon Lord

Fiji Ports Corporation Limited (FPCL) have made submissions to the Fijian Competition and Consumer Commission (FCCC) to review International Port fees and charges.

According to a statement, FCCC is currently reviewing a formal submission made by FPCL.

 

Submission Report
In FPCL’s submission report on August 2021, it stated the company had embarked on a vision to make Fiji Ports a smart and green gateway for trade in the pacific region.

The company had estimated to invest over $17m in container Yard developments, over $40m in multiple wharf rehabilitation projects, over $3m in Vessel Traffic Management System, and many other capital expenditures in the coming years.

“However, given the current tariffs, FPCL will not be able to invest into such projects, hence the company has submitted a proposal to review the tariffs.”

However, the company is conscious of the COVID 19 Pandemic, and benchmarked FPCL tariffs with other competing ports in the pacific to ensure that Fiji does not lose its competitive edge in the region.

 

Proposed Fees/Charges
For Marine Services charges, FPCL seeks a 10 per cent increase in tariff for marine service charges.

This increase will still allow FPCL to compete with the other Pacific Island countries and still be competitively price.

Wharfage and dockage charges, FPCL seeks a tariff increase of 30 per cent for wharfage charges.

With this increase, FPCL will still be cheaper.

FPCL does not seek any increase in dockage charges.

Security and Ancillary charges, FPCL seeks a 30 per cent increase on the total cost that will enable the company to cover its high costs relating to the repairs and maintenance associated with providing these services.

 

Strategic Plan
FPCL strategic plan for the next five years raises a need to increase port tariff income for marine service charges by a minimum rate of 10 per cent while wharfage and utilities charges to be increased by a minimum of 30 percent.

FCCC is calling on members of the public to actively participate in this review by providing their views, comments, and suggestions on the submission made by FPCL

 

Feedback: laiseana.nasiga@fijisun.com.fj



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