Deficit in Costa Rican Ports

Tariffs in force since 2003 and salaries that absorb 80% of the budget have led to losses during 2010.

Monday, August 30, 2010

As of July 2010, losses had already reached $4 million.

Allan Hidalgo, president of Costa Rica's Atlantic Port Development Management Board (JAPDEVA in Spanish), believes that the problem lies in the way prices are calculated.

"In addition, these tariffs have not changed since 2003 with JAPDEVA and successive governments awaiting the pier concessions in order to increase revenue," reports Nacion.com.



More on this topic

Hike in Rates at Puerto Cortés

December 2015

An announcement has been made of increases of 3% in January and 3% in March 2016 for the rates for services provided by the Operator Port Central Terminal in Cortez.

Entrepreneurs say the planned rise in rates will further affect the competitiveness of the productive sector, which is already battling with the slow pace of customs clearance in the terminal.

Costa Rica: Port Charges in Discord

June 2011

While the Atlantic ports administration insists on a 21% increase, exporters and shippers are defending their position.

Loss of competitiveness against other nations and rising operating and logistics costs are some of the reasons that the Chamber of Exporters and Agents of Steamship Owners are giving to justify their disagreement with the proposed port tariff increase, which has been rejected by the Regulatory Authority of Public Services (Aresep).

Costa Rica: 21% Increase in Port Charges Rejected

June 2011

The Regulatory Authority for Public Services has rejected the increase in port charges at the Moin and Limon ports as requested by Japdeva.

A press release by the Regulatory Authority for Public Services (ARESP) states:

The Port Authority Board of Economic Development and the Atlantic (Japdeva) which is responsible for providing port services in Limon and Moin, has asked the Regulatory Authority for an average increase of 21% in port charges. The previous tariff setting was made in 2003.

Costa Rica: 21% Increase in Port Rates Requested

February 2011

Japdeva has requested an increase of 21% in rates at ports of Limon and Moin in the Costa Rican Caribbean.

The Board of the Port Administration and Economic Development of the Atlantic (Japdeva) submitted the application to the Regulatory Authority for Public Services (Aresep), who must decide whether it supports the increase. The process could last about 75 days.

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