India’s major ports are likely to extend relief measures for exporters grappling with shipment delays and elevated logistics costs due to the ongoing West Asia crisis, according to industry sources.

The proposed extension, expected beyond April, aims to ease pressure on exporters facing stranded cargo and tightening working capital cycles amid continued disruptions to key maritime trade routes.

Relief measures include waivers on ground rent and dwell time charges, along with concessions on reefer plug-in fees and certain vessel-related charges. These benefits were initially introduced in early March and subsequently extended through successive phases as the crisis persisted.

The disruptions stem largely from instability in critical shipping corridors, particularly around the Strait of Hormuz, which has led to rerouting of vessels, longer transit times and higher freight and insurance costs. This has resulted in cargo pile-ups at ports and delayed deliveries to key export markets in the Gulf region.

To further support exporters, the Directorate General of Shipping has directed port authorities and terminal operators to ensure that concessions are passed on directly and transparently, eliminating procedural delays in reimbursements.

Government intervention has helped ease some pressure, with nearly 90% of backlog cargo at major ports already cleared following coordinated efforts to stabilise operations.

However, exporters continue to face significant challenges, including volatile freight rates, container shortages and uncertainty in shipping schedules. The extension of relief measures is therefore seen as a critical step in sustaining export competitiveness amid ongoing geopolitical tensions.

The final decision on continuing these concessions will depend on how the situation in West Asia evolves and its impact on global shipping routes in the coming weeks. 

Source: Business World

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