Shippers in the Philippines are up in arms at plans by one of the nation’s top port operators to hike rates by more than a third on domestic trades. Manila North Harbour Port Inc is trying to push through a 37% rate hike on domestic trades
Groups including the Philippine Liner Shipping Association and Supply Chain Management Association of the Philippines have described the terminal’s planned rate hike as “unwarranted” and “unjustified.”
The Philippine Ports Authority has said it will review the arguments over the price increase and make a final decision whether to sanction it or not soon.
Combined with its cabotage laws and high port and trucking costs, shipping is expensive in the Philippines. To move a container from Davao in the far south of the archipelago to Manila is comparable in cost as moving a box from Shanghai to Europe.