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CPA approves lower wharfage rates for finished interiors, assembled cargoes

THE Commonwealth Ports Authority board on Tuesday adopted a proposal to reduce the wharfage rates imposed on finished interiors of completely assembled structures.

By a 5-1 vote, the board approved the terminal tariff emergency regulation. Those in favor were Kimberly King-Hinds, Roman Tudela Sr., Barrie Toves, Pete Reyes and Joe Diaz. Acting board chair Thomas Villagomez voted no. Pete Reyes

Board members who supported the emergency regulation noted that  the typhoon has destroyed over 1,000 homes, and has created “an imminent peril to the health, safety and welfare of CNMI citizens…. Public interest requires the adoption, upon fewer than 30 days notice, of a regulation that will aid individuals and businesses affected by the loss of their homes and housing structures.”

The emergency regulation immediately establishes lower wharfage rate for prefabricated modular units which contain finished interiors of completely assembled structures.

“It is CPA’s intention that a reduced wharfage rate for these units will induce vessels carrying these units to arrive and unload in the CNMI and thereby aid in alleviating the housing shortage.”

Source: Marianas Variety : http://www.mvariety.com/cnmi/cnmi-news/local/109145-cpa-approves-lower-wharfage-rates-for-finished-interiors-assembled-cargoes

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