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Moving of boxes to a pvt station from Kochi port postponed

Moving of boxes to a pvt station from Kochi port postponed

Following objections raised by Kochin port users, Kochi Customs has postponed by three months its decision to implement the en-bloc movement of import containers from ICTT to a private container freight station. The stakeholders at the port alleged that the decision would involve an additional expenditure of Rs 5,000/teu for moving the boxes.

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New charges offset concessions for vessels

New charges offset concessions for vessels

According to industry sources, the levy of Indian Light House charged by the Kochi Customs’ may offset some concessions now being offered by the port management to attract more vessels. Recently, Kochi Customs decided to collect Indian Light House dues for on-deck cargo on all vessels calling at the port effectively nullified the tariff reduction measure of the port