BS reported that Visakhapatnam Port has reduced wharfage charges, fee paid for using a wharf for unloading or loading of goods, by 10% to 20% to attract more cargo, which have of late started shifting to the nearby Gangavaram port.
The port is offering concessions to encourage exporters and importers, who can handle 1 million tonne or above cargo a year. Cargo owners have to sign MoU with the port to avail of the facility.
Mr Krishna Kumar president of Visakhapatnam Stevedores Association told Business Standard that “After the commencement of Gangavaram port bulk cargos like coking coal, thermal coal, iron ore have started shifting from Vizag port. If the situation continues, the port would lose more cargo volumes in the coming days.”
Mr Kumar said that “They must bring no less than 1 million tonne of cargo in a year. For cargo up to 500,000 tonne, the port would offer a 10% concession and would offer additional concessions beyond that till 2 million tonne.”
For instance, on iron ore handling (mechanical), the wharfage charge would be INR 95 per tonne up to 500,000 tonne, INR 86 per tonne up to 2 million tonne, INR 76 per tonne up to 3 million tonne and INR 67 per tonne up to 4 million tonne.
He added that besides under the new trade policy, exporter/importer/steamer agent may reserve a berth 15 days in advance.
(Sourced from http://www.steelguru.com/news/index/2009/09/11/MTExMjAz/Vizag_Port_cuts_wharfage_charges.htmlds)
Thursday, September 10, 2009
Vizag Port cuts wharfage charges
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