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New Mangalore Port extends 25% charge concession for boxships

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MANGALORE : Aiming to attain further container traffic growth, India’s south-western regional gateway, the New Mangalore Port has extended various facilities for one more year for both the mainline and feeder boxship operators.

Effective from January, the mainline container vessels will enjoy a 25% rebate on port dues, birth hire, and pilotage charges till 31 December 2022.

At the same time, the port authority also extended a 25% concession on birth hire charges and port dues for feeder container vessels for a similar period.

“In order to promote and attract feeder and mainline vessels to facilitate the growth of container traffic and to be competitive with the neighbouring ports, the board of trustees of New Mangalore Port Trust (NMPT) has accorded approval to extend the following concession for a further period of one year,” said the port authority.

Earlier in the first week of November, the port authority also extended a 50% discount facility for one year for export shipment of steel cargo through the port.

The New Mangalore Port is the only major gateway of the Indian state of Karnataka through which products like petroleum, iron ore pellets, and various containerised cargoes are exported and cement, coal, fertiliser, edible oil, liquid chemicals, and some other containerised cargoes are imported.

During April-November 2021, the port handled 101,277 TEU, increased by 6,500 TEU from the same period in 2020. The port annually handles around 40 million tonnes of cargoes.

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