India Traders Appeal Against Congestion Surcharge
Representatives of leading chambers of commerce and trade bodies have urged the Chennai Port Trust (ChPT) not to give priority berthing to shipping lines that have collected congestion surcharge since August 15, citing delay in turnaround of vessels, reported The Hindu.
Voicing their protest, the representatives questioned the rationale behind such surcharge and said it was levied even when there was no congestion at the second container terminal.
They said since August 15 shipping lines started levying surcharge of US$75 per TEU and now it was in the range of $200-210 per TEU. It was bound to go up further. The shipping lines had collected about $40.93 million, of which half was collected during October alone. Read more here.
Date: November 4, 2011