13 June 2016

Comparative study on Pacific ports’ pricing and productivity released

PSDI regional ports study front cover
A PSDI analysis of seaport pricing has found significantly higher costs and lower productivity in Solomon Islands compared to other ports in the region.

The study benchmarked regional port productivity and tariffs and found the Solomon Islands Port Authority (SIPA) underperformed the port services of neighboring countries, with a port call in Solomon Islands costing double, on average, that of Fiji, Papua New Guinea, Samoa, and Tonga. The study reports that SIPA’s high tariffs and low productivity have resulted in the price of imports and exports increasing and caused shipping lines to reduce their traffic through the port.

The study outlines a range of measure that could be undertaken immediately to improve SIPA’s performance and lower its charges.

The study can be downloaded here.