Container Corporation of India Ltd (CONCOR) has rolled out a set of relief measures for exporters, including a 30-day storage window, fee waivers and discounts, and access to domestic containers, to ease pressure of mounting logistics disruptions and cargo pile-up at inland depots.

It has announced a 30-day 'dies-non' period over the existing free time for storage of factory-stuffed export cargo in export-loaded containers.

CONCOR will also arrange to give domestic containers, subject to availability, for storing cargo at reasonable charges if required. 

Many export-laden containers are currently stuck at various inland container depots of CONCOR, causing severe losses to the exporters, a company statement said.

Reefer containers will also receive a 30 per cent discount on plug-in charges during this period. Additionally, a 15-day waiver on wharfage, a fee charged for moving cargo under a wharf, dock, will be given for export cargo stored in customs-notified warehouses.

The measures will apply to cargo and containers handled at the company's inland container depots for March.

The company has also eased charges for exporters withdrawing cargo. Factory-stuffed containers, taken back within 30 days of gate-in will be exempt from terminal service charges and additional terminal infrastructure and equipment imbalance charges.

These are containers that are loaded with export goods directly at the manufacturer's factory or warehouse.

For export containers that were dispatched to ports but returned to inland container depots by March 31, the company will waive additional, terminal infrastructure and equipment imbalance charges.

Containers returned by rail will also get a 5 per cent discount on rail freight.

Tensions in West Asia flared up after a joint Israel-US air strike eliminated Iran's Ayatollah Ali Khamenei. Iran has since launched retaliatory attacks, bringing ship movement in the Persian Gulf to a standstill.

These developments have choked the supply of oil and gas around the world. Exporters are also struggling with heightened risks raising shipping freight, and containers.

Source: ET Infra. Com 

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