SYDNEY Ports Corporation has announced increases to the navigation service charges, container wharfage and security charges, effective 1 July 2009.
According to Sydney Ports, the fee increase will help cover its investment in infrastructure development and port upgrades. The company says it has planned $800m of capital expenditure by the end of 2011/12.
The $800m will include a range of projects to improve the efficiency and productivity of Port Botany, Sydney Harbour and associated port infrastructure such as the Intermodal Logistics Centre at Enfield.
From 1 July 2009, Sydney Ports will apply a biennial Consumer Price Index adjustment to container wharfage charges and navigation service charges, up by 6.23%.
The maritime security charge for full international import and export containers will increase by 10 cents, from $1.50 to $1.60 per TEU.
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