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CICRA agrees to RPI increase for Ports of Jersey

CICRA agrees to RPI increase for Ports of Jersey

Tuesday 29 December 2015

CICRA agrees to RPI increase for Ports of Jersey

Tuesday 29 December 2015


The Channel Islands Competition and Regulatory Authorities (CICRA) has approved a retail price increase in line with RPI at June 2015 of 0.9% for the Ports of Jersey Limited - effectively freezing prices in real terms.

The increase, will apply to all services offered by Ports of Jersey including airport fees, harbour dues and marina fees.

The States of Jersey incorporated Jersey’s airport and harbours as Ports of Jersey Limited on 1 October - turning it from a States department, into a States-owned company, regulated by CICRA. CICRA’s role is to safeguard users’ interests and to promote competition where appropriate.

CICRA chief executive, Michael Byrne, said: “Our pricing discussions with Ports of Jersey have been productive and pragmatic.

“Jersey’s ports are vital to the economic well-being of the island providing facilities for commercial air and sea port operators, as well as leisure users and the general public, and it is our duty to ensure that services are provided efficiently and cost effectively.

“Positive engagement with the Ports of Jersey has enabled us to reach a decision that balances its priorities and our duties in the interest of all consumers.”

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