News

Shipping costs for Maltese exporters and importers

17 December 2022

Following the comments expressed by the Hon. Mr Carmelo Abela in Parliament this week on the need to cut the shipping costs for Maltese Exporters and Importers, the Association of Tractors and Trailers Organization – ATTO – would like to thank Hon. Mr Abela for his interest to bring this topic on the agenda in Parliament. ATTO agrees with the Hon Member that ocean rates, especially from the Atlantic and the Pacific, have been drastically reduced when compared to those in 2021. However, the rates applied by the ferry lines which operate to/from Malta have increased in 2021 and in 2022.

ATTO has vigorously tackled this issue with these ferry lines, but these efforts have been futile. ATTO has reiterated the point that the increase was too high for the Maltese exporter/importer to carry.

Besides having to cope with the additional costs and the inherent disruption in working schedules, due to the new Mobility Package Regulation imposed at EU level, ATTO members, who are the operators of trailers carrying the goods from/to Malta on the European roads, are also facing the increase in the price of diesel all over Europe. These are additional factors which the Hon Member should also take into consideration.

It is worthwhile to point out that approx. 60% of our foreign business trade in Malta is done with European countries, the majority of which is transported by the trailers of Maltese companies who are offering job opportunities to the Maltese and Gozitan families and who are directly assisting the entire Maltese economy.    

Tony Mifsud
Administrative Secretary

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