Gibraltar port reveals incentives to raise competitiveness

The port’s new fees include a 75% reduction on tonnage dues for vessels calling at the eastern anchorage whose purpose is conducting provisions, stores, spares and crew changes.

The incentives also include a proposed 75% reduction (previously 50%) on completing a bunkering operation at the western anchorage within a specific time.

By applying this new fee structure, Gibraltar’s minister for tourism, commercial affairs, public transport and the port, Neil Costa has expressed confidence that the eastern maritime zone will become far more attractive, both as a waiting area for vessels calling at Gibraltar for bunkers, and for other vessels wishing to avail themselves of agency support and ship husbandry services.

Bob Sanguinetti, ceo and captain of the port, commented that the new tariffs follow recently implemented measures which enable more bunker tankers to operate in the bay as a result of the release of two bunkering slots.

This new policy not only allows operators to supply more vessels but also reduces even further any possibility of waiting time for bunkers, according to Sanguinetti.

He observed these new measures will increase Gibraltar’s competitive edge and further consolidate its position as a leading supplier of the full spectrum of marine services at the strategic gateway to the Mediterranean.

Gibraltar port is one of the top ten world’s largest bunkering port by sales volume. Unofficial figures have estimated the port’s bunker sales at over 4m metric tonnes in 2013.

Add Seatrade Maritime News to your Google News feed.