Union Shipping Secretary, PK Sinha informed reporters that his ministry would notify the new tariff regime, which allows private container terminals to fix market-linked tariffs, within a month. According to the existing tariff norms, port developers cannot charge more than the ceiling tariff defined by the Tariff Authority of Major Ports (TAMP
Tag: guideline
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Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
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Govt to publish draft guidelines on tariff setting
Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
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Govt takes steps to support shipping sector
Union Shipping Minister GK Vasan informed Lok Sabha that the government took several steps to support shipping sector in the last several years. Specifically, the government introduced the tonnage tax system during 2004-05 to provide a level playing field to the Indian shipping sector
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Govt takes steps to support shipping sector
Union Shipping Minister GK Vasan informed Lok Sabha that the government took several steps to support shipping sector in the last several years. Specifically, the government introduced the tonnage tax system during 2004-05 to provide a level playing field to the Indian shipping sector
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Deregulation of tariff may attract pvt investment
Media reports indicate that the shipping ministry's move to deregulate tariff at the existing container terminals at major ports may instill confidence in private sector players to invest in port projects. According to the tariff regime introduced in 2005, the Tariff Authority for Major Ports (TAMP) decides the rate that can be charged by the existing terminals at major ports
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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Existing terminal operators submit plea to PM
Existing private terminal operators of ports have demanded that the proposed guidelines by the shipping ministry, if approved, also cover existing terminals as tariff fixation under the 2005 guidelines has hampered their growth. The ministry earlier announced that the proposed guidelines would apply only to new Public-Private Partnership (PPP)