Relief package for Coronavirus-hit cargo terminal operators at major ports

Relief package for Coronavirus-hit cargo terminal operators at major ports

The Shipping Ministry has allowed firms running cargo terminals at state-owned major ports on the public-private-partnership (PPP) mode to defer their April, May and June months’ revenue share, royalty and equipment hire charges without any interest. This is part of a relief package signed off by the Shipping Minister Mansukh Mandaviya to ease the burden on PPP operators, port users and other stake holders hit by the outbreak of the Coronavirus.
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