Home » Ports to fix market rates for services

Ports to fix market rates for services

Ports to fix market rates for services
Shares

The Union Government will allow the trusts that run the 12 ports owned by the Union Government to raise rates for port services every year based on market conditions if they adhere to certain performance standards. For this, the Union Shipping Ministry is working out on a plan. Presently, rates charged by these trusts for cargo and vessel-related services are worked out on the basis of a guideline framed in 2005.

Leave a Reply