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i-maritime News Service

Shipping Ministry to finalise new tariff guidelines for ports soon - 2013-07-04


The government will soon finalise the new tariff guidelines for major ports in the country, which would provide autonomy to the operators to fix market-linked tariffs.
 
"Shipping Ministry has decided to come up with new tariff guidelines in response to many feedbacks which we received from the stakeholders, the new guidelines will provide level playing field across the port sector by allowing the port terminals to fix market-linked tariffs," Shipping Minister G K Vasan told reporters here.
 
"We have taken the views of all the stakeholders and we are in the process of finalising the new guidelines and very soon we will announce them," Vasan added. The ministry had earlier proposed rejigging the Tariff Authority for Major Ports (TAMP).
 
TAMP was constituted in April, 1997, to provide for an independent authority to regulate all tariffs, both vessel-related and cargo-related, and rates for the lease of properties in respect of major port trusts and the private operators located therein
 
Source: The Economic Times