Business Standard

New Mechanism of Collection of Light Dues for Container Ships

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Delhi
The Ministry of Shipping has adopted a new mechanism for collection of light dues for container ships. It has now simplified the process of collection of light dues for container vessels by adopting the unit of collection on TEU (twenty feet equivalent unit) basis instead of net tonnage in respect of container ships. Further, the State Bank of India has now been accredited to collect the light dues through online banking. Both these initiatives will facilitate faster clearance of ships and reduce detention time of vessels for payment of light dues.

Ships docking at Indian Ports have been facing longer detention times owing to the method followed for determination of light dues. The existing process involves taking certain measurements of cargo on board the ships by Customs officials and determining the light dues. This procedure is time consuming and adds to the transaction cost for the Trade.

 

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First Published: Nov 26 2014 | 12:25 AM IST

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