Captive port policy

Union Minister of Shipping, GK Vasan informed that as per existing Captive Policy, cases where 100 per cent captive facilities (land or waterfront) including captive oil jetties, platforms or SBMs are sought by port based industries, including central or state PSUs, can be considered, if they do not conflict with the Master Plan of the Port. Such cases can be considered, without recourse to a tender, provided such industries are port specific and are approved by the concerned Administrative Ministries, and the industry is willing to pay the maximum realisation which the port may determine taking into account all relevant factors.