The Ministry of Shipping (“MoS”), through a notification in the official gazette dated 13th February, 2020, has decided to offer concessions at all Major Ports to Ro-Ro vessels and Container vessels for coastal transportation of automobiles for two years, with a view to promote a modal shift of transportation of automobiles from road to coastal shipping.
The said concessions will come into effect from 15th March, 2020 and will remain valid till 14th March, 2022.
The concessions provided are given below:
- For Coastal Ro-Ro vessels or coastal Container vessels engaged in coastal movement of automobiles- 80% concession on both vessel related charges and cargo related charges
- For Coastal Ro-Ro vessels or coastal Container vessels carrying both Exim and coastal cargo of automobiles or Coastal Container vessels carrying both Exim cargo and coastal cargo of automobiles and Exim cargo and/or coastal cargo other than automobiles- 80% concession on vessel related charges and similar concession on cargo related charges to be given for coastal cargo units of automobiles only and existing schedule of rates/ discount will be applicable for other cargoes.
Accordingly, the MoS has directed all the Major Port Trusts to incorporate the changes in their scale of rates.
Source: Ministry of Shipping
