83m Port's fee rises 'never seen' before

Fri, Mar 9th 2012, 09:00 AM

By NATARIO McKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net

THE $83 MILLION Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yesterday telling Tribune Business it had "never seen" such fee increases coming all at once.

While Crowley Caribbean Services said it was confident the tariff increases, implemented by the soon to be publicly listed Arawak Port Development Company (APD), would work themselves out in the long run, it would be implementing the second of a two-phased rate increase on its Nassau freight on April 1, 2012.

Mark Miller, Crowley's ...

Click here to read more at The Tribune

 Sponsored Ads