2003-03-25 11:31
MOMAF increases stevedoring rates by 5%
The Ministry of Maritime Affairs and Fisheries revealed on March 15 that nationwide stevedoring rates will increase by 5% as of midnight March 16, 2003.
The ministry decided against its initial 6.3% hike in favor of the current 5% increase. The reasons for the lower rise came out of considerations of the influence it would have on the economy and commodities prices.
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