Finance Minister Dave Tancoo says there is need for a review and adjustment of the Container Examination Station (CES) fees at T&T’s ports of entry.
“Fees for the examination of containers—currently $375 for 20-foot containers and $525 for 40-foot containers—have remained unchanged for the past 25 years since inception,” he noted during Friday’s sitting of the Senate.
With inflation, increased operational costs, and the evolving logistics industry, he said the following initiatives are recommended:
• Review of the existing fee structure to ensure alignment with current costs and industry standards
• Introduction of a fee for examination of 45-foot containers, which are becoming more common in international trade
• Renaming the “CES” Fee to that of “Container Processing Fee” to accurately represent the purpose.
Tancoo said the use of 45-foot containers is becoming more common as international shipping practices evolve.
“While these larger containers provide efficiency advantages for shipping companies, they require more time, labour, and resources to inspect, and therefore, should be subject to a fee structure,” he said.
“The cost of maintaining the CES infrastructure, technology upgrades, and staffing has increased significantly over the past decades due to inflation and economic factors. These factors necessitate a review and potential increase in the fees to cover costs.”
He added, “Many global shipping hubs have regularly reviewed their inspection/container handling fees to keep up with industry developments and inflation. T&T must ensure its fees remain competitive while also reflecting operational realities.”