Barbados Port Inc. announces a 7.5% reduction in port-related container charges effective February 1, 2024.
A list of the revised rates as applicable, may be viewed via our website at Revised Cargo Handling Charges.
Figure 1. illustrates the 7.5% reduction per Twenty-Foot Equivalent Unit (TEU) for three categories of imported and exported cargo.
| Figure 1. Reduced Costs Per (TEU) of Imported and Exported Cargo (VAT Incl.) | |||
| 20 ft Container (Dry) | 20 ft Container (Refrigerated) | 20 ft Container (Loaded Export) | |
| Port charges (prior to April 2023) | $1,650.99 | $1,719.14 | $640.64 |
| Port Charges (Effective April 2023) | $1,488.73 | $1,551.00 | $630.98 |
| Port Charges (Effective February 1, 2024) | $1,377.08 | $1,434.68 | $583.66 |