Shanghai International to raise box handling fees
Shanghai International Port (Group) Co. said it will raise its core revenue by RMB900 million ($120.3 million) by hiking its handling fees from the start of 2008.
In a statement filed to the Shanghai Stock Exchange, the company announced handling fees at Waigaoqiao port will increase 10 percent to RMB566.5 ($75.71) per TEU while fees at the Yangshan deepwater port will jump 21 percent to RMB515 ($68.83) per TEU.
Shanghai International to raise box handling fees