La Plata Port reduces import tariffs in Argentina

Port of La Plata implemented an aggressive tariff reduction for cargo: import tariffs fell from US$4 to US$1.30 per ton while exports stayed at US$0.65 per ton.

The port will also provide five days of free primary zone storage for all goods in need of such time. After that, the value of storage fell from US$1.6 to US$0.80 per m² or m³.

“The basis for these modifications is the need to better understand the potential users of this port in relation to the total operating costs in our jurisdiction,” said the note issued by the Puerto La Plata Board of Directors.

The new price list starts in August.

Rate Update

On the other hand, the port consortium also updated the tariffs of other services, such as those related to rail traffic, extraordinary services, use permits, tax filing, and others. According to the area administration, the values ​​were outdated.

“It is important to note that this increase proposal is in line with the annual inflation forecast for 2019, not recovering the improvements granted by the rates applied in 2017 and 2018 when they increased substantially below inflation,” explained the port management.

Source: Trade News

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