Friday, August 31, 2012

Port costs and services set to rise in Argentina as inflation hits boat mooring tariffs

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is advising of a 23 per cent increase in boat mooring and unmooring tariffs in the Argentinian ports of San Lorenzo, Rosario and San Nicolas from October 1 2012. The inflationary rise is likely to have a great impact over port costs and services nationwide.
Says Francisco Villagran, Regional Operations Manager, South America; “Real inflation levels in Argentina are currently ranging from 20 to 30 per cent which is strongly affecting industry. This significant increase in mooring tariffs at these key ports can only impact port costs nationwide and we expect port services will have to follow shortly.”
ISS Argentina is continuing to monitor events in the country for shipowners and operators and advising clients locally how to minimise the effect to their operations.”

No comments: