No justification for any increase in Port tariffs
18 September 2017
There is no justification for any increase in Port tariffs and it is time port users were compensated for decades of over-charging, says the Cape Chamber of Commerce and Industry.
The Chamber was commenting on proposals to increase port tariffs by 8.45% this year and 24.8 percent next year.
Ms Janine Myburgh, President of the Chamber, said recent revelations and court cases had made it clear that Transnet had been involved in a great deal of wasteful spending and corruption and it was time for cargo owners to “claw back” money spent on excessive port charges.
In the letter, she pointed out that a 2012/2013 study by the Port Regulator had found that cargo dues paid by cargo owners were 874% above the global average. It was true that these dues had been reduced but they were still above the global average.