Sponsored By

China to crackdown on excessive port-related chargesChina to crackdown on excessive port-related charges

China has pledged to help the shipping sector by reducing port charges that could amount to RMB5.4bn ($846m) of savings each year, and cracked down on four companies found to have flouted rules by charging excessive port fees.

Lee Hong Liang, Asia Correspondent

September 25, 2015

1 Min Read
Kalyakan - stock.adobe.com

In an effort pushed ahead jointly by several Chinese government departments, including the National Development and Reform Commission (NDRC) and ministries of finance and transport, the aim is to significantly reduce the burden of port-related charges, and ensure that such fees are charged appropriately.

Liu Pengfei, spokesman for the ministry of transport, was reported saying that the regulation will be implemented from 1 October 2015. And initial estimates pointed to savings of RMB5.4bn a year for the shipping industry by removing excessive port fees, while savings of RMB48m could be reaped by removing overcharged pilotage fees.

The regulation will also seek to remove a bunch of administrative fees that could lead to savings of RMB3m each year.

Meanwhile, four Chinese firms were found to have excessively charged port-related fees, according to NDRC, and actions will be taken to return the excessive charges back to the shipping enterprises.

The four companies were Ningbo Dagang Pilotage, Nantong Youbang Port Services, Taizhou Dingan Ocean Shipping Services, and Dandong Dehai Ship Services.

Ningbo Dagang Pilotage was found to have collected pilotage fees that were 30% higher than the upper limit laid down by national rules, during the period from January 2014 to July 2015.

Nantong Youbang and Taizhou Dingan were found to have unlawfully changed towage charges over several occasions between January 2014 to August 2015.

Dandong Dehai was found to have overcharged its clients for rubbish dumping fees.

Liu added that the authorities will step up inspections and enforce the regulation, and companies that break the rules will be punished in accordance with the law.

Read more about:

China

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like