BRAZIL MINISTRY OF PORTS ANNOUNCES NEW REDUCTION IN PORT TARIFFS IN ILHEUS PORT

In line with one of the main objectives of the Federal Government in Brazil, to boost the infrastructure sector, the Ministry of Ports and Airports has announced a new reduction in port tariffs. This time, the reduction will be at the terminal in Ilhéus, Bahia. Discounts can reach 65% in Ilhéus. According to CODEBA (Companhia das Docas do Estado da Bahia), which manages the terminal, the waterway infrastructure fee is currently charged based on the gross size of the vessel, regardless of the amount of cargo transported. This can increase the expenses of some users. Under the new scheme, solid mineral bulk exporters in Brazil who reach a consignment rate of less than 50% of the ship’s total capacity will benefit from a reduction in port tariffs.

Source: Datamar News