The Commonwealth Ports Authority is planning rate increases on wharfage and dockage to pay debts due to seaport infrastructure projects starting 2007.<\/p>\n
According to a study by a Washington-based consulting firm hired by CPA, the ports authority initially scheduled a rate increase of wharfarge fees to $6 per revenue ton in 2007 through 2012. Currently, CPA assesses $5.75 per revenue ton against all cargo discharged or loaded on a vessel berthed at the port.<\/p>\n
However, CPA may need to raise wharfage to $7 per revenue by 2010 in order to meet level of debt service coverage set by its bondholders.<\/p>\n
CPA recently floated a $7.2-million bond to fund the concrete paving of the Port of Saipan container yard.<\/p>\n
Increases are also being planned for the passenger fees, dockage fees, and entry fees at the CNMI seaports at a rate of 5 percent every five years starting 2007.<\/p>\n
CPA is currently charging $8 for each terminating or arriving passenger on vessels originating outside or inside the authority\u2019s ports.<\/p>\n
Meanwhile, every vessel berthing at any of the authority\u2019s ports is charged between $100 and $1035, depending on the vessel\u2019s length.<\/p>\n
Entry fees, which are charged against all but military and governmental vessels entering a CNMI port or refueling within the territorial waters of the Commonwealth, are currently at $110 for vessels under 1,000 gross registered tons and $220 for vessels over 1,000 gross registered tons. An additional charge of $200 is also assessed for larger vessels for each 2,000 GRTs or fraction thereof over 2,000 GRTs. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Commonwealth Ports Authority is planning rate increases on wharfage and dockage to pay debts due to seaport infrastructure projects starting 2007.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94529","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/94529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=94529"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/94529\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=94529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=94529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=94529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}