Port Owners, Shippers Criticize Estonia’s Waterway Toll Plan

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Business leaders criticised plans by the Estonian government to increase waterway tolls by as much as six times next year to cover investment costs.

Draft laws highlight “extreme instability in the business environment” and an “atmosphere of unpredictability,” Fyodor Berman, the main owner of the largest Baltic shipbuilder BLRT Grupp AS, and Arnout Lugtmeijer, Chief Executive Officer of equipment distributor Vopak E.O.S., said in an e-mailed letter today. They urged parliament to reject the plan.