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Status of Port Licence Fee (PLF) recovery by Port of Melbourne Corporation (PoMC)

In Announcements Surcharges Posted January 21, 2013 at 2:13 pm
By Magellan Logistics

On 15/01/13, we were advised by the CEO of PoMC that for the period 1 July – 31 Dec 2012, $36.5 million was recovered in PLF representing 95% of the total estimated amount.  Trade growth has slowed in the eastern states, resulting in container trade figures lower than for the same time last year.

This 5% variance is not unexpected.  In line with PoMC’s stakeholder engagement strategy, industry will be provided with price adjustments for the 2013-2014 financial year in April/May 2013.

Should there continue to be lower than expected recovery of PLF, these fees may be increased in July 2013.

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