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[email protected] FTW4810 FRIDAY 28 January 2011 NO. 1943 For import/export decision-makers Proposed port tariff hikes slashed Regulator grants 4.49% increase BY Alan Peat approval of the required regulator was guided by the exclusion of the property TNPA indicated that the revenue,” PR CEO Riad National Ports Act (NPA) business and the lack of tariffs in the tariff book In a repeat of last year, the Khan told FTW. “The PR and the Directives, and a transparent system for were determined by a Ports Regulator of SA has has considered the tariff considered the submissions determining tariffs.” range of factors and there cut the port tariff increase application and has refused contained in the application, Also where the application was no formula, of general for April 1 proposed by the requested 11.91% tariff written and oral comments falls foul of the regulatory application or otherwise, Transnet National Ports increase sought by the TNPA received in the consultation framework is that it requires that explained the tariff Authority (TNPA) by almost for the tariff year 2011/2012. process and its own that the application should differentials,” said Khan. two-thirds. “In considering the information and research. set out the manner in “In the absence of a TNPA was expecting an TNPA’s tariff application, “The application is largely which the tariffs have been clearly articulated model 11.9% tariff increase, but the (it was) concluded that a compliant with the Act, calculated and the model the regulator’s decision Ports Regulator (PR) granted 4.49% tariff increase was Regulations and Directives used for determining them.