There are several state-run ports mushrooming across the entire coast line, but do we need a port at every 100 km of coastline? Probably not, the key is to build port capacity where it is needed the most,
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Tag: Tariff Authority for Major Ports
When we finally hit the target?
Missing Maritime Agenda targets has been the norm. But now, the Shipping Ministry is pushing the much needed expansion of its severely congested ports with some urgency, even as the new targets for the year have been announced. As major ports are losing their lure with investors,
TAMP as market regulator
Minor ports have emerged as more attractive to private investors than the major ones, notably after the controversial TAMP revised tariff as PPP projects at major ports are marred by litigations, delays and disputes.
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
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
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
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
2005 tariff regime discourage efficiency
Industry observers opine that the tariff regime of the Tariff Authority for Major Ports (TAMP) does not reward efficient performance of port operators or terminal operators. They point out several lacunae in the tariff regime of 2005, the main ones being that operational efficiency is penalized. In other words, if a terminal loads more than the projected cargo volumes, it will lead to a reduction in rates
2005 tariff regime discourage efficiency
Industry observers opine that the tariff regime of the Tariff Authority for Major Ports (TAMP) does not reward efficient performance of port operators or terminal operators. They point out several lacunae in the tariff regime of 2005, the main ones being that operational efficiency is penalized. In other words, if a terminal loads more than the projected cargo volumes, it will lead to a reduction in rates
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