Tariff Authority reviews increase proposal for state-run terminals India's for Major Ports allowed the Port of Jawaharlal Nehru to levy the existing scale of rates at its own container terminal until July 31. The authority in 2006 implemented a tariff reduction at the state-owned facility, lowering box-handling charges by 15 percent and vessel-related charges by 30 percent, citing surplus revenue, and agreed to a review as of March 31, 2009.
"The consultation process on the new increase proposal from JNPT is on and it will take some more time for the case to mature for final consideration by this Authority," the port regulator said in its interim order.
Nehru, with the port-run terminal and the two private terminals operated by DP World and A.P. Moller-Maersk, handles more than half of India’s containerized traffic. In fiscal 2008-09 ended March 31, throughput totaled 3.95 million TEUs, down 3 percent from 4.06 million TEUs in 2007-08.
The regulator recently approved an 18-percent hike in rates at the DP World-operated terminal.
"The consultation process on the new increase proposal from JNPT is on and it will take some more time for the case to mature for final consideration by this Authority," the port regulator said in its interim order.
Nehru, with the port-run terminal and the two private terminals operated by DP World and A.P. Moller-Maersk, handles more than half of India’s containerized traffic. In fiscal 2008-09 ended March 31, throughput totaled 3.95 million TEUs, down 3 percent from 4.06 million TEUs in 2007-08.
The regulator recently approved an 18-percent hike in rates at the DP World-operated terminal.