MPL's Bold Move: 25% Fee Cut for Regional Port Shipments Boosts Small Businesses

In a strategic maneuver aimed at boosting small businesses and traders, the Maldives Ports Limited (MPL) has implemented a game-changing 25% reduction in container fees for shipments destined for regional ports. This significant reduction covers an array of charges, including handling, wharfage, stevedoring, and handling fees, for containers departing both the Male' Commercial Harbour and the Hulhumale' International Terminal.
Effective as of September 15, 2023, these fee adjustments are poised to make a substantial impact on the cost-efficiency of transporting goods to the atolls. For instance, the fee for loading a 20ft container has been significantly lowered from USD 114 to an attractive USD 84. Moreover, the loading fee for 45ft containers has seen a remarkable reduction to USD 78.

This strategic decision by MPL aligns with its commitment to enhance the accessibility and affordability of its services, particularly benefiting small enterprises and traders operating in the Maldives. The move comes as a boon to businesses that rely on regional shipments to sustain their operations.
MPL's continuous efforts to expand the storage capacity of the Male' Commercial Harbour, which presently manages an average of 187 containers daily, reflect its dedication to meeting the growing demands of businesses across the nation. By reducing fees and ensuring efficient services, MPL not only supports the livelihoods of small businesses but also fosters economic growth and resilience within the Maldives. This bold initiative demonstrates MPL's commitment to enabling businesses of all sizes to thrive in the competitive maritime landscape.