Escalation of rates

03 May 2022 / Visakhapatnam, India

Visakhapatnam Port Trust has announced a 10.77% escalation of its Scale of Rates, effective from 1 May 2022 to 30 April 2023.

This applies to the following:

  • All vessel related services;
  • All cargo related services (except for cargoes which do not achieved the performance standards, i.e. fertilizers(Mecg), sulphur (Mech), rock phosphate (Mech), fertilizer (Conv), crude oil (Import) and transhipment crude (MT + DT);
  • All miscellaneous services.

For cargoes which do not achieve the performance standard, as listed above, a 60% indexation (i.e. 6.46%) is entitled.

For further details, as well as information about operations in India, contact GAC India at [email protected]

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.