Indian terminal operators seek to revamp TAMP
05 Jan 2012
Delhi High Court has received a petition from the Indian Private Ports and Terminals Association, challenging the right of the Tariff Authority for Major Ports to determine tariffs at private cargo terminals situated in state-owned ports.
Private operators argue that guidelines covering changes in tariffs rarely reflect all costs involved, while effectively capping the rate of return they can make.
Furthermore, inefficient terminals are effectively rewarded and efficient ones penalised under the existing system.
