Centrum Broking: Gujarat Pipavav Port - Container Tariffs Revised 6-7% Effective From October 2020

Gujarat Pipavav Port has notified its revised tariffs effective Oct. 01, 2020.

Pipavav port. (Image: Company website)

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Centrum Broking Report

Gujarat Pipavav Port Ltd. has notified its revised tariffs effective October 01, 2020.

Following are the key highlights -

Cargo handling tariffs - Container handling tariff (for both road and rail based containers) raised by 6% from 85/ twenty-foot equivalent unit dollar to 90 dollar (for 20ft containers).

PIDC (Port Infrastructure Development Charge) for rail based containers raised by 13-17% to 14 dollar / 27 dollar for 20ft/40ft containers.

No change in charges for internal transportation and transportation to and from container freight station (CFS).

Marine Charges - Pilotage and towage charges for container vessels raised 25% for container vessels and 10% for liquid vessels.

Berth hire charges raised 25% for container vessels and 31% for dry bulk vessels.

Tug hire charges raised by 43% to 600/hour dollar from 420/hour dollar.

There has been no change in ‘Port dues’ charges.

Storage Charges - Dwell time charges (after 10 days of free period) has been raised by 44-52% for 1122 days period to dis-incentivize storage beyond 10 days.

Click on the attachment to read the full report:

Centrum Broking Gujarat Pipavav Port Limited Company Update.pdf
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