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Maldives pres ratifies bill to hike port fees effective immediately

Fathmath Shaahunaz
29 November 2016, MVT 15:41
Cargo unloaded to lorries from containers at Male Commercial Harbour. PHOTO: NISHAN ALI/MIHAARU
Fathmath Shaahunaz
29 November 2016, MVT 15:41

President Abdulla Yameen Abdul Gayoom ratified the Bill passed by the parliament to hike the harbour fees charged at all the ports in the Maldives on Tuesday.

The ratified amendment to the regulations on the Maldives’ port charges has been gazetted by the government, thus bringing it into immediate effect.

The amendment lobbied by member of ruling Progressive Party of Maldives (PPM) and Maavashu MP Azhan Fahmy was passed by the parliament with a majority of 50 votes in favour, while 13 lawmakers had voted against the bill.

MP Azhan had stated that he proposed the bill as the old port tariffs at harbours were those implemented 38 years ago and, thus, are no longer practical with the current changes in inflation and prices of goods.

New port charges for vessels carrying:

Less than 200 tonnes – MVR 200

200 – 1000 tonnes – MVR 300

1000 – 2000 tonnes – MVR 400

Total 2000 gross tonnes – MVR 500

Every 500 tonnes increase from 2000 tonnes – +MVR 250

Old port charges for vessels carring:

Less than 100 registered tonnes – MVR 50

100 to less than 500 registered tonnes – MVR 200

500 to less than 1000 registered tonnes – MVR 300

Total 1000 registered tonnes – MVR 400

Every 500 tonnes increase from 1000 registered tonnes – +MVR 200

A daily charge of MVR 65 will be charged from vessels from one week onwards since docking to 45 days. The charge will be increased to MVR 100 daily from Day 46 to 90, and MVR 150 from Day 91 onwards. Furthermore, port fees will not be charged from registered vessels carrying less than 1000 gross tonnes.

The fees are to be paid to the Transport Authority within three months while the vessel will not be allowed to depart from the port until all charges have been settled.

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