Discount on cargo movement between India, Chabahar Port extended for 1 yr
The Shipping Ministry has extended the current 40 per cent concessional rate for coastal movement of cargo and vessel-related charges another one year to clients for cargo being handled at Jawaharlal Nehru Port and Deendayal Port to and from Chabahar Port in Iran.
The aim is to promote trade through Shahid Beheshti Port of Chabahar. It would boost coastal movement of cargo being handled at Jawaharlal Nehru Port and Deendayal Port from and to Shahid Beheshti Port.
The levy of concessional Vessel Related Charges (VRC) is to be applied proportionately, subject to vessel loading of at least 50 twenty-foot equivalent unit (TEUs) or 5000 metric tonne cargo to Shahid Beheshti Port in Chabahar.
The ports in coordination with Indian Ports Global Limited will jointly evolve a Standard Operating Procedure (SOP) to ensure that discounts are given to cargo actually discharged or loaded at Shahid Beheshti Terminal of Chabahar Port.
