Port charges in Russian ports reduced by 5% because or the ruble exchange rate slump, PortNews IAA learnt from Alexandr Davydenko, Head of Federal Marine and River Transport Agency.
‘As your remember in 2008 we started to calculate port charges in RUR. Dollar (the currency Russia took charges in) was going down. Dollar has went up by now. That is why irrespective of the fact port charges grew by 27% on the whole due to the difference in ruble and dollar exchange rate they still went down by 5%,’ explained Head of Rosmorrechflot.
Find an interview with Alexandr Davydenko here.