Vessel calls at Visakhapatnam Port’s Visakha Container Terminal (VCT) continuously increasing, and in order to attract more vessel operators, Visakhapatnam Port Trust (VPT) has extended the existing rebates on Vessel Related Charges (VRC) till March 31, 2020.
The highlights of the rebates on VRC are as follows:
* To extend 50 per cent rebate for a further period of one year on Port Dues and Pilotage for vessels having less than 50,000 GRT
* To extend 70 per cent rebate for a further period of one year on Port Dues and Pilotage for vessels having more than 50,000 GRT
This should augur well for the shipping fraternity, encouraging them to explore new/additional services, and has come at the right time when VCT is also going in for expansion of its jetty by an additional 395 m, which warrants new services with larger vessel sizes, said a communiqué.