THE Federation of Malaysian manufacturers (FMM) has urged the government to postpone the proposed 30 per cent increase in port tariffs, particularly for container handling and storage, reports Bernama.
FMM president Tan Sri Soh Thian Lai revealed that the Port Klang Authority and the Johor Port Authority are finalising the tariff adjustments for Westports, Northport and the Port of Tanjung Pelepas.
The revised rates will be submitted to the Transport Ministry (MOT) for gazettement.
'With Port Klang handling 14 TEU annually, at a current container handling tariff of MYR300 (US$67.50) per TEU, the proposed 30 per cent increase would add MYR90 per container,' said Mr Lai.
'This increase would result in an additional MYR1.26 billion in annual costs, directly impacting shippers and manufacturers relying on the port for imports and exports.'
SeaNews Turkey
FMM president Tan Sri Soh Thian Lai revealed that the Port Klang Authority and the Johor Port Authority are finalising the tariff adjustments for Westports, Northport and the Port of Tanjung Pelepas.
The revised rates will be submitted to the Transport Ministry (MOT) for gazettement.
'With Port Klang handling 14 TEU annually, at a current container handling tariff of MYR300 (US$67.50) per TEU, the proposed 30 per cent increase would add MYR90 per container,' said Mr Lai.
'This increase would result in an additional MYR1.26 billion in annual costs, directly impacting shippers and manufacturers relying on the port for imports and exports.'
SeaNews Turkey
