Mangaluru: In a move to promote containerised cargo movement and enhance the competitiveness of New Mangalore Port, NMPA, has announced enhanced rebates on Vessel Related Charges (VRC) for feeder and mainline container vessels. With a view to facilitating the growth of container traffic and strengthening its competitive position vis-à-vis neighboring ports, NMPA has offered concessions on VRC, inclucing 35% rebate on berth hire, port dues and pilotage charges for feeder line container vessels; 50% rebate on berth hire, port dues and pilotage charges for mainline container vessels. According to a release, the revised rebate structure will be applicable to container vessels berthed at NMP from Nov 3 to March 31, 2027, specifically for handling containerised cargo. The concessions will not be applicable to other ancillary activities such as vessel flag change, bunkering and so on. The initiative is aimed at attracting additional container vessel calls, encouraging greater participation by feeder and mainline shipping operators, and improving the overall cost competitiveness of the port. The port has also introduced incentive scheme with a rebate of 20% on cargo-related charges for export of iron ore fines/ lumps for eligible exporters.
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