Mundra Port To Render Discount For LNG-Powered Vessels

1006

  • Adani Ports and Special Economic Zone is offering financial incentives for LNG-fuelled carriers that berth at Mundra port.
  • Adani operates India’s largest commercial port at Mundra in Gujarat state.

Indian private-sector port operator Adani Ports and Special Economic Zone is offering financial incentives for LNG-fuelled carriers that berth at Mundra port on the country’s west coast, reports Argus Media.

Discount for LNG Fueled Vessels

Adani, which operates the country’s largest commercial port at Mundra in Gujarat state, will offer a 50pc discount on port dues, pilotage and berth hire charges for vessels using dual-fuel engines with LNG as primary fuel. The vessels must use LNG as fuel within the Mundra port limits and must carry and present evidence of using LNG as a fuel. Mundra handles liquid cargoes, LNG, LPG, crude, bulk and container cargoes.

Port Charges

The waiver on port charges will not apply to carriers using LNG as fuel and carrying LNG as a cargo. State-controlled GSPC and Adani are partners in a 5mn t/yr LNG import terminal at Mundra.

Waiver Scheme

It is unclear if the waiver scheme will be extended to the company’s other ports. Adani operates 12 ports and terminals on the east and west coasts representing 24pc of the country’s port capacity.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source : Argus Media