Chennai Port offers concession on exim transhipment containers
In order to encourage transhipment of exim containers at Chennai Port, it has been decided to grant a flat concession of 70 per cent on vessel-related charges in the port’s scale of rates for coastal vessels carrying transhipment containers. This concession will be increased to 80 per cent if the particular service crosses 25 voyages a year. Similarly, for foreign vessels, a concession of 5 per cent on vessel-related charges will be given, in addition to the existing concessions, while handling transhipment containers. With these measures, it is expected that transhipment of Indian containers, which, at present, is happening through neighbouring international ports like Colombo and Singapore, will take place through Chennai Port.