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Kolkata Port mulls royalty on cargo handlers

Kolkata Port mulls royalty on cargo handlers
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In a bid to increase its revenue, the Kolkata Port Trust (KoPT) is considering to charge a royalty of Rs 25 per tonne on cargo handlers at the Haldia Dock Complex (HDC).

The port set up a committee to decide on the royalty that may be charged from cargo handlers. The committee decided upon a rate of Rs 25 per tonne. This is primarily for shore handling at the Haldia Dock Complex, reports indicate.

If the decision is implemented, it would be the first time in its 35-year-old history, that the port would such a impose royalty. The port aims to raise its revenue after it suffered losses from the withdrawal of the ABG-LDA-run Haldia Bulk Terminals (HBT) mid-way from HDC.

KoPT’s Board of Trustees has cleared the proposal and is awaiting the nod of Tariff Authority For Major Ports (TAMP) and the Ministry of Shipping, reports indicate.

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