China reduces port charges

The Ministry of Transport of China and the National Development and Reform Commission announced a reduction in the rates of some port charges from April 1 for a period of five years.

It is also planned to reduce freight charge rates by 15%, transport security charge by 20%, pilotage charge by 10%, fees for providing towing services for vessels flying the national flag by 5%. Among other things, it is intended to combine separate payments to simplify administration.

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