Tariffs stable, but export container dues down 20% at SA ports
The good news this week came from the SA Ports Regulator, who announced his ruling on the Transnet National Ports Authority’s (TNPA's) tariff application for the 2020/21 period.
In August, TNPA applied for an average 4.8% increase together with indicative tariffs of 18.22% and 8.5% for the following year.
In his ruling, the regulator decided that a 0% average overall increase would be appropriate, differentiated by the following:
Marine services and related tariffs to increase by 5.5%
Container (full) export cargo dues to decrease by 20%; all other container cargo dues to remain unchanged
All RoRo cargo dues to remain unchanged
Coal export cargo dues to increase by 10%
Magnetite export cargo dues to increase by 10%
All other cargo dues are to remain at 2019/20 tariff levels
The regulator said that he “trusts that this timeous publication of the decision will not only assist port industry players in adjusting budgets for the 2020/21 period, but that freight forwarders and agents assist in ensuring that the benefits of lower container export tariffs are passed through to cargo owners and end users for maximum impact to the South African economy”.