Esperance Port users brace for levy hikes | Australian Markets

Users of one other WA port have been whacked with price will increase following on from large hikes ushered in on the Port of Fremantle.

The State Government-owned Southern Ports instructed prospects as of July 1 they might be hit with a new price schedule that includes blanket will increase throughout pilotage, navigation providers, berth rent, mooring and wharfage fees.

The will increase to the Port of Esperance come because the port grapples with the exit of a number of main prospects and a weaker commodity market. Latest outcomes for mother or father Southern Ports — which additionally runs the Bunbury and Albany ports — confirmed earnings had dropped from $61.4 million in 2023 to $21.5m for 2024.

Total traded tonnes throughout the three ports have been additionally down from 37.1 million tonnes to 35.3mt.

The largest of the price hikes can be utilized to vessel mooring and unmooring charges, which have been hiked by 27 per cent.

It means a service mooring on the Port’s largest berth can be paying roughly $4194.50 — or $1130 more — to park up for much less than 4 hours.

Scheduled hikes on Fremantle Ports’ ship and cargo fees — the very best of which had been 295 per cent — triggered backlash amongst its prospects who lashed fees as an “excessive cash grab”.