MoPSW announced traffic guidelines at major ports

In a major reform for the maritime sector, the Ministry of Ports, Shipping and Waterways has announced the Tariff Guidelines, 2021, for public-private partnership (PPP) projects at major ports. The need for new guidelines arose in the wake of the new Major Port Authorities Act, 2021, effective from November 3, 2021. In the new act, the provision of the erstwhile Ta­riff Authority for Major Ports stands abolished. The guidelines allow the concessionaires at major ports to set tariffs as per market dynamics.