Relief measures for shippers with cargo bound for West Asia

Indian shippers left holding West Asia-bound cargo will get concessions for key portside services to pare mounting losses, as maritime traffic to and from the Strait of Hormuz has all but halted since the US-Israel war against Iran.

- Zia Haq

The shipping ministry has asked port authorities to evaluate concession requests on a case by case basis from vessel operators destined to West Asia, which had to return to Indian ports or could not proceed with their shipments due to the war.

Affected West Asia-bound vessels are being offered a “remission” of charges for operational services. These include lower reefer plugging fees and storage rent for returning ships.