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Regulation and technology will be the key

Regulation and technology will be the key

Once free of TAMP, we are going to see how far that can change the operating practices to make the ports more efficient, says Saibal K De, Director & CEO, IF&FS Maritime Infrastructure Company,

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Ministry to announce stand on tariff regulation

Ministry to announce stand on tariff regulation

Union Shipping ministry may soon announce its stand on the applicability of tariff regulation for existing cargo-handling projects, which could be the most critical aspect of the tariff deregulation plan at ports. Major ports and private firms running cargo terminals at these ports have been seeking freedom to set rates bas

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Ministry to announce tariff norms for future projects

Ministry to announce tariff norms for future projects

Union Shipping Minister GK Vasan informed that his ministry would announce in a couple of months new guidelines on tariff fixation for prospective projects. He said this while speaking at a maritime summit in Mumbai. Reports suggest that the ministry cleared a plan to allow port-terminal operators the freedom to fix their service rates

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Maritime states oppose proposed regulator

Maritime states oppose proposed regulator

Maritime states in the country are opposing the proposal of the union Ministry of Shipping (MoS) to set up a Port Regulatory Authority under the Ports Regulatory Authority Bill. Following this, the ministry is rethinking the proposal for establishing such a regulator, reports suggest.The prop

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Ministry to exempt new projects from TAMP norms

Ministry to exempt new projects from TAMP norms

Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci

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Ministry to exempt new projects from TAMP norms

Ministry to exempt new projects from TAMP norms

Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci

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Court to hear case against TAMP tariff norms

Court to hear case against TAMP tariff norms

The Delhi High court would soon hear a petition field by the Indian Private Ports and Terminals Association on the tariff guidelines issued by Tariff Authority for Major Ports (TAMP). The association complains that the guidelines of TAMP do not cover all recurring costs and place a cap on rate of return. The tariff, fixed by TAMP on a cost-plus basi

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Tariff Authority for Major Ports should be abolished

Tariff Authority for Major Ports should be abolished

Differential tariffs for major and minor or private ports will have a debilitating impact on investment in major ports such as JNPT, says L Radhakrishnan, Chairman, JNPT, in an interview with Janaki Krishnamoorthi. Over the years, the Indian ports sector has witnessed structural changes, with state monopoly gradually giving way to greater private sector participation in port invest­ment.

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Federation seeks changes in tariff regulatory system

Federation seeks changes in tariff regulatory system

The All India Port and Dock Workers’ Federation urged the government either to bring all ports including minor ports under the purview of Tariff Authority for Major Ports (TAMP) or permit major ports to work independently by scrapping the authority.SR Kulkarni, President of the federation pointed out that even though the handling charges are regulated by the TAMP, the minor ports do not fall under its