Mumbai Port Trust Reduces Vessel Related Charges to Encourage Coastal Shipping
In order to encourage the coastal movement of cargo specially automobiles by Ro-Ro ships and to meet the demand of the Auto Original Equipment Manufacture and Ro-Ro vessels operators, Mumbai Port Trust has reduced vessel related charges by about 10% on the applicable Scale of Rates for coastal vessels with further reduction of wharfage charges on vehicles.
The aforesaid reduction in wharfage and Vessel Related Charges which is to the tune of about 50% to 65% will be applicable for one year from 01.06.2016. The reduction in wharfage will encourage movement of domestic cars/ trucks from the manufacturing places such as Chennai, etc. to Mumbai, and similarly from Pune/ Nashik to southern and eastern parts of India.
Presently these movements take place by road. This will also reduce congestion on roads and would be not only a cheaper option but also environmentally preferred option as it reduces carbon foot print. This would also facilitate faster movement of vehicles meant for distribution and export.