Transport Malta rebukes Valletta Gateway Terminalís Unilateral Decision to Raise Handling Charges
19 August 2014
Transport Malta has strongly rebutted Valletta Gateway Terminal's (VGT) unilateral decision to raise port handling charges, technically known as Terminal Operator Charges (TOC). VGT issued a Public Notice to its customers on 14th August stating that the new rates will apply as from 1st September 2014.
During discussions held with the port terminal operator, the Authority has always maintained a position against the increase in charges, a position that the Authority is still maintaining notwithstanding the publication of the public notice.
The Authority maintains that the operator's efforts at this particular time should focus on attracting new business to Malta through increased investments and marketing rather than increasing rates relating to domestic cargo. The Authority is also insisting that any increase in rates should be accompanied by a relevant business case and a study analysing the impact.