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SOUTH AFRICA: Ports Regulator Releases New Port Tariff Rates for 2020

The Ports Regulator of South Africa has announced the new port tariffs for the period 1 April 2020 to 31 March 2021. While the overall average tariff rate for next year remains unchanged, there are significant changes to individual tariff categories to be applied by the country’s Transnet National Ports Authority (TNPA).

In its official announcement on 29 November 2019, rates for marine services and related tariffs (Sections 1-8 of the TNPA Tariff Book, excluding Section 7 that deals with cargo dues) are to increase by 5.5% on 1 April 2020; container (full) export cargo dues will decrease by 20%, while dues for all other container cargo will remain unchanged. Coal and magnetite export cargo dues will increase by 10% while all other cargo dues will remain at current tariff levels, however, caps will be applied.

There is also a sliding discount for locally registered vessels over the next three years. For existing commercial vessels registered under the South African flag, and those registered in the 2019/20 period, all marine tariffs (Sections 1-8 of the TNPA Tariff Book, excluding Section 7) will enjoy a 30% discount, applicable year on year up to 31 March 2022. Vessels that will be registered in South Africa in 2020/21 will receive a 20% discount up to 31 March 2022, and vessels registered in the 2021/22 period will receive a 10% discount up to 31 March 2022.

The TNPA’s original 1 August 2019 recommendation to the regulator was a 4.8% average increase in tariffs for the period 1 April 2020 to 31 March 2021, and indicative tariff hikes of 18.22% and 8.5% for the 2021 and 2022, respectively. However, after extensive consultation with industry stakeholders, the Ports Regulator of South Africa decided to maintain the current average rate.

Content provided by Picture: HKTDC Research
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