1. Home
  2. Infrastructure Transport
  3. PORTS & SHIPPING
  4. Adani Hazira Port introduces extra charges for imports
Adani Hazira Port introduces extra charges for imports
PORTS & SHIPPING

Adani Hazira Port introduces extra charges for imports

31 Aug 2023 2 Min Read CW Team

Adani Hazira Port (HPPL), a subsidiary of Adani Ports and Special Economic Zone (APSEZ), announces the implementation of additional fees for container freight station (CFS) operators. Effective from September 8, the port will levy Rs 2,500 on 20 ft containers and Rs 4,000 on 40 and 45 ft containers when import-loaded units are routed to a nominated CFS.

The Container Freight Stations Association of India (CFSAI), representing CFS operators, opposes the decision, labelling it an "arbitrary charge" and asserting that it exploits Adani Hazira Port's dominant position. CFSAI seeks government intervention through social media channels.

Typically, terminal handling charges (THC) are collected from shipping lines by port operators for unloading import containers and subsequent yard movement. Shipping lines then choose a CFS for final delivery. CFS operators contest that Hazira Port offers no added service to justify this extra charge.

These charges may escalate import container clearance expenses by up to 50 per cent, potentially shifting business away from CFS operators as importers prefer direct transactions with the Adani-run EXIM yard. The move coincides with the opening of a new CFS venture by A P Moller-Maersk and a local firm, posing competition to Adani's EXIM yard.

Adani Hazira Port claims the new charges align with their commitment to streamlining CFS operations. The port advises CFS entities to maintain Pre Deposit Account balances for invoicing the import container nomination fees. This development raises questions about the dynamics between port operators, CFSs, and shipping lines in import logistics.

Adani Hazira Port (HPPL), a subsidiary of Adani Ports and Special Economic Zone (APSEZ), announces the implementation of additional fees for container freight station (CFS) operators. Effective from September 8, the port will levy Rs 2,500 on 20 ft containers and Rs 4,000 on 40 and 45 ft containers when import-loaded units are routed to a nominated CFS.The Container Freight Stations Association of India (CFSAI), representing CFS operators, opposes the decision, labelling it an arbitrary charge and asserting that it exploits Adani Hazira Port's dominant position. CFSAI seeks government intervention through social media channels.Typically, terminal handling charges (THC) are collected from shipping lines by port operators for unloading import containers and subsequent yard movement. Shipping lines then choose a CFS for final delivery. CFS operators contest that Hazira Port offers no added service to justify this extra charge.These charges may escalate import container clearance expenses by up to 50 per cent, potentially shifting business away from CFS operators as importers prefer direct transactions with the Adani-run EXIM yard. The move coincides with the opening of a new CFS venture by A P Moller-Maersk and a local firm, posing competition to Adani's EXIM yard.Adani Hazira Port claims the new charges align with their commitment to streamlining CFS operations. The port advises CFS entities to maintain Pre Deposit Account balances for invoicing the import container nomination fees. This development raises questions about the dynamics between port operators, CFSs, and shipping lines in import logistics.

Next Story
Infrastructure Urban
27 Nov 2024

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

India's construction equipment industry is experiencing significant growth, fueled by rapid infrastructure development, expanding mining activities, and increasing urbanisation. bauma Conexpo India will bring together leaders, global players and decision-makers from the international trade fair for construction machinery, building material machines, mining machines and construction vehicles under one roof. The exhibition will host its biannual event at the India Expo Centre, Greater Noida  from 11 to 14 December 2024.In 2023, the exhibition attracted 41,108 participants as well as 601 exh..

Read More
Next Story
Infrastructure Urban
27 Nov 2024

Our commitment to excellence and innovation drives our success

In India's dynamic industrial landscape, Gmmco, a comprehensive solutions provider across the construction, resources and energy transportation industries, stands as a testament to innovation. As a powerhouse of the CK Birla Group with a legacy spanning over five decades, the company has evolved from a traditional equipment supplier to a full-spectrum solutions provider, prioritising technology, innovation and sustainability. Its distinctive approach includes rental solutions, used equipment options, financing support, rebuilt options and tailored product support solutions, setting new benchma..

Read More
Next Story
Infrastructure Urban
27 Nov 2024

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Vedanta announced its plan to invest $2 billion in major copper projects in Saudi Arabia. Vedanta Copper International, a wholly-owned subsidiary of the company, has signed an agreement with Saudi Arabia's Ministry of Investment and Ministry of Industries & Mineral Resources. The agreement outlines the establishment of a greenfield copper smelter and refinery with a capacity of 400 kilo tonnes per annum (KTPA) and a 300 KTPA copper rod project. According to the company, this collaboration aligns with Saudi Arabia's Vision 2030 and aims to invest $2 billion in significant copper projects withi..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors
ECONOMY & POLICY
27 Nov 2024

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

Our commitment to excellence and innovation drives our success
ECONOMY & POLICY
27 Nov 2024

Our commitment to excellence and innovation drives our success

Vedanta plans $2 billion investment in Saudi Arabia copper projects
ECONOMY & POLICY
27 Nov 2024

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Bengaluru approves Rs 6.94-billion plan to repair 390 km of roads
ROADS & HIGHWAYS
27 Nov 2024

Bengaluru approves Rs 6.94-billion plan to repair 390 km of roads

Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power
POWER & RENEWABLE ENERGY
27 Nov 2024

Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power

Noida Authority lodges EOW complaint against Logix Developers
Real Estate
27 Nov 2024

Noida Authority lodges EOW complaint against Logix Developers

State Street leases Brookfield office tower in Mumbai for GCC setup
ECONOMY & POLICY
27 Nov 2024

State Street leases Brookfield office tower in Mumbai for GCC setup

Odisha to Amend Real Estate Laws for Easier Sale Deed Registration
Real Estate
27 Nov 2024

Odisha to Amend Real Estate Laws for Easier Sale Deed Registration

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000