The ferry Naviera Armas has cancelled its operation in Madeira. The Armas alledged the high price of port taxes as one of the factors in its decision
The ferry was fundamental to bringing cargo at a cheaper price, since it bypassed the ports monoply (Grupo Sousa) whose prices for unloading containers are significantly higher than in other ports.
One week after the Armas ceased operations, the three shipping companies that service Madeira all announced a price increase. Transinsular, for example, is charging an additional 142,5 Euros for a twenty foot container.