Buenaventura Port Sets $4,235/Ton Cargo Fee, Aiming $27B Monthly Revenue

The mayor's office of Buenaventura, Colombia's main Pacific port, has set a 'public circulation price' of $4,235 per ton of cargo moving through the port, projecting $27,000 million (likely $27 billion) in monthly revenue. The measure is a local government fee that could raise transport costs for exporters and importers, potentially affecting trade flows through the port. The legal basis and implementation details remain unclear, and the impact on port competitiveness is uncertain.