Port of Brisbane to hike Trade Charges
Trade Charges levied by the Port of Brisbane Pty Ltd (PBPL) will increase as of 1 July 2013, on average, by 2.5% – broadly in line with the Consumer Price Indexes (CPI), the PBPL press release said.
PBPL levies Trade Charges – Harbour Dues, Wharfage Fees, Security Charges and Port Access Charges – to generate a reasonable return on its trade related assets, to provide for recovery of the cost of significant capital projects which facilitate growth and improve access to the port, and for the implementation and ongoing maintenance of security measures at the port.
The Port of Brisbane is one of Australia’s fastest growing container ports, and Queensland’s largest general cargo port. The Port of Brisbane is located at the mouth of the Brisbane River, and is managed and developed by the Port of Brisbane Pty Ltd (PBPL), under a 99-year lease from the Queensland Government.