Which one is true?

Pricing objectives:

i. To promote the most efficient use of the facilities;

ii. To retain the benefits resulting from investment within the country; and

iii. To recover sufficient revenue to meet financial objective.

Basic approaches in establishing port tariff structure:

i. Clarification of the relationship between port facilities and users;

ii. Prevention of double payment;

iii. Price mechanisms to prevent congestion; and

iv. Simplification of port tariffs.

Conservancy is a port charge which is levied for the utilization of general nautical facilities in the approaches to the port (i.e. outside the port area) - channels, vessel traffic service, emergency fire services, etc

Port dues on ships are based on the type and size of the vessels

cargo-related charge - the basic infrastructure and superstructure of the port to facilitate the movement of cargo from shipside to hinterland and vice versa

Berth hire (dock and berth dues)

a charge, normally related to the ship, to recover the costs associated with the berthing of the vessel and for the use of the berth for a stated period of time

Towage

This service is a must!

Mooring/unmooring (berthing /unberthing)

This is a specific tariff applied for berthing/unberthing and mooring operations

Stevedorage

The costs involved in handling commodities.

Warehousing

Charges apply to goods that need to remain longer in the port and are, therefore, transported to special premises reserved for that purpose

The port tariffs in Malaysia are significantly higher compared to Singapore.

PSA has actively pursued price increase

PSA is not afraid of losing its dominating position in the regional market mostly relied on the high quality services it offers

What is a Tariff?

WHY ARE TARIFFS USED?

China placed a 25% tax on imported American chicken.

Canada limited the amount of corn that it will import to 100,000 tons this year.

Argentina has placed a tax on foreign milk imports to protect their dairy farmers.