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GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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12 May 2021 / Chennai, India
The escalation factor of 0.55% in the Scale of Rates of Chennai Port Trust was to take effect from 1 May 2021.
Based on the representation from the trade body to rescind the SoR increase effect from 1 May 2021 and help the trade survive the situation brough about by COVID-19 second wave, the competent authority has considered the request and the escalation of 0.55% for the year 2021-22 in the Scale of Rates will be implemented from 1 July 2021 instead of 1 May 2021.
(For information about operations in India, contact GAC India at [email protected])
Source: Chennai Port Trust letter dated 11 May 2021