Chem shippers see extra costs in Turkey euro tariff

13 May 2008 15:44  [Source: ICIS news]

LONDON (ICIS news)--A new port tariff in Turkey will come into effect from 20 May 2008, Ankara's undersecretariat for maritime affairs announced on Tuesday.

The new tariff will see the euro replace the US dollar at all Turkish ports with rates expected to rise substantially in the process. Full confirmation of the tariff was expected by the end of the week, the source said.

One Turkish chemical shipping broker described the new tariff as disastrous for all players in the region.

“Not only is this new tariff bad for me but it will also impact the ship owners and operators,” he said.

Thr broker said that chemical traders would not avoid the region despite the new legislation.

“I do not believe that people will avoid using Turkish ports,” he said. "When the tariff is introduced the owners and operators will complain but eventually they will pay the additional fees."

Pilotage, tugboat, mooring boat and anchorage dues would all increase under the new legislation and overtime surcharges of between 10% and 30% would be added to their base fees.

The new tariff was expected to be confirmed by the end of the week.

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By: Dan Horlock
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