Freight charges to increase

Photo taken from: Asiabusinesssetup.com

The cost of goods in Antigua & Barbuda is expected to go up as the container lines operating from Miami to Antigua are increasing their charges for freight transportation to the island.

A letter from the Caribbean Ship-owners Associated dated Friday December 2, which was leaked to OBSERVER media, indicated that “due to recent port cost increases beyond our control, the members of the Caribbean Ship-owners Association have adopted a voluntary guideline implementing an Antigua Port Charge effective January 1, 2017 or January 8, 2017. “

The listed breakdown includes $80 for a 20-foot container and $160 for a 40-foot container.

The association said that the charge will be applicable between the United States and Antigua & Barbuda.

The letter also listed the the members of the CSO implementing this charge as Crowley, King Ocean, Seaboard Marine Ltd, and Tropical.

A well-placed source who requested anonymity due to the nature of the information, told OBSERVER media yesterday that this is expected to be the first of two increases to be applied to cargo due to expected increases in port charges being applied by the port.

(More in today’s Daily Observer)