India’s headway on thorny reforms
By Dave MacIntyre2018-08-06T21:06:00
Coupled with reforms to cabotage law, a revamp of tariff rules is expected to spur Indian port investment.
For years, the issue of the TAMP structure in India’s ports has been bubbling away, with discontent over the fairness of Government-imposed restrictions on tariffs, but now it seems some liberalising reforms may invigorate investment in the country’s ports.
A rework of the laws governing TAMP ports – ports governed by the Tariff Authority of Major Ports – combined with a relaxation of cabotage laws governing transhipment cargoes around the coast, are combining to offer new possibilities for both ports and the shipping lines they serve.