Various industry chambers and exporter associations have urged Dubai Port World, which is managing the Vallarpadam International Tran shipment Container terminal in Kerala, not to go ahead with the proposed increase in handling charges from January 1, saying such a move would hit port users in the State.
Tag: Dubai Port World
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Cochin Port Trust may incur losses this fiscal too
The Cochin Port Trust, once a profit making firm, has now accumulated losses of Rs 68 crore at the end of the last financial year due to dredging activity for the Vallarpadom international container transshipment terminal (ICTT), being run by Dubai Port World, say trade union leaders. This financial year the loss is expected to mount further.