Worldscale flat rates are set to rise for foreign voyages to and from the Indian port of Mumbai, the Worldscale Association said in a circular Wednesday.
“As a result of a significant increase in Port Tariffs at [Mumbai] the Associations find it necessary to revise all rates involving loading or discharging at this port,” said the circular.
Amended rates at the port will be obtained by adding $0.13/mt to all flat rates on foreign voyages involving the port.
The amendment will be effective for all voyages on which loading is commenced on or after August 19.
Source: PlattsPrevious Next