Indexation of Scale of Rates

20 Apr 2021 / Cochin, India

Cochin Port trust has achieved the Cargo related standards as per the Performance Standards notified in the Official Gazette. Hence, Cochin Port Trust has decided to apply the indexation to the following charges covered in the Scale of Rates and escalate the rates by 0.55% with effect from 01.05.2021:
- Chapter III: Cargo related charges
- Chapter IV: Hire charges for port equipment
- Chapter V: Container related charges
- Chapter VI: Container Freight Station (CFS) related charges
- Chapter VII: Miscellaneous charges (Except Clause 7.6 – penalty charges for VCN cancellation)

(For further details, as well as information about operations in India, contact GAC India at [email protected])

Source: Cochin Port Trust Trade Circular dated 20 April 2021

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