Operator of Vallarpadam port in Kerala, DP World has decided to hike the terminal handling charges (THC) from 1 January. Hence shippers in Kochi will have to shell out more to move their goods. The Tariff Authority for Major Ports (TAMP) has allowed the international container transhipment terminal to increase THC by 3.48 per cent. DP World stated that the proposed hike would be according to the TAMP directive, which approved a 3.48 per cent increase in tariff charges for five years.
Tag: TAMP
Post
Post
Experts urge govt to revamp tariff regime for major ports
Experts and industry watchers feel that the government must revamp the tariff structure governing major ports in the country and make them market-driven rather than being regulated by Tariff Authority for Major Ports (TAMP). Industry players and experts suggest the government to reform the tariff regime in the port sect
Post
Plan panel, ministry differ on draft norm for tariff setting
There seems to be some difference of opinion between the Planning Commission and the union shipping ministry regarding the draft new tariff guidelines for major ports. At a recent meeting with the shipping ministry, the Planning Commission said the reference tariff notified by Tamp will apply only for the first year of the concession perio
Post
Shipping Min set to abolish TAMP
In a bid attract more investment in the port sector the Ministry of Shipping is finally coming out with a decision to remove Tariff Authority of Major Ports (TAMP) control over major ports in this month end, a senior ministry official said here today. The move is one of the reform processes towards the de-regulation.
Post
TAMP can ask CCI to probe possible anti-trust behaviour
Tariff Authority of Major Ports (TAMP) may seek the service of the Competition Commission of India (CCI) to probe anti-competitive practices of terminal operators or port companies in future. With the shipping ministry set to liberalise tariff regime in the port sector, the possibility of cartelisation and other anti-competitive behaviour
Post
Revenue model needs to change
In the revenue sharing model, an investor who is investing in the port project should also get some comfort level in the initial years, says Umesh Grover, Group Executive Director, Shipping & Infrastructure, SKIL Infrastructure. There has to be a gestation period but as the cargo increases, the proportion of revenue share should also be increased.
Post
Ministry to notify new tariff regime soon
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
Post
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
Post
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
Post
Investors await clarity on tariff policy of govt
Some section of the union shipping ministry feels that private investors are keenly awaiting the government's decision on tariff norms in the port sector before investing. Particularly, private players are awaiting government's decision on a proposal to transform the Tariff Authority of Major Ports (TAMP) from a regulatory body into an appellate body. TAMP regulates tariffs in cent