CONCOR cuts empty container charges at Dronagiri terminal
ECONOMY & POLICY

CONCOR cuts empty container charges at Dronagiri terminal

Container Corporation of India Ltd (CONCOR) clarified that recent adjustments in empty container handling charges apply solely to its Dronagiri terminal near Jawaharlal Nehru Port, following reports suggesting cuts across its entire terminal network.

"We revised empty handling charges exclusively at Dronagiri," stated Chairman and Managing Director Sanjay Swarup, during a call with analysts. "These charges, previously set at around Rs 6,000 for 20-ft and Rs 9,000 for 40-ft containers, have been reduced. With low empty inventory at Dronagiri, the aim is to attract more business and empty containers to this facility." He emphasised that handling fees at all other terminals remain unchanged.

Despite the reduction, the Dronagiri terminal, contributing under 1% to CONCOR's total volume, has yet to see a revenue impact, as empty containers from shipping lines have not started arriving there. "We expect shipping lines to utilise this terminal within the next 10-15 days, adding incremental revenue to the company," Swarup noted.

Over the past year, CONCOR has offered 90 days of free storage for empty export-import (EXIM) containers and 15 days for loaded ones across its 66 terminals. Additionally, a 25% discount on the transport of empty containers from gateway ports to inland depots was introduced to support exports. Swarup highlighted that these initiatives have driven increased exports and market share without compromising margins, thanks to CONCOR's consistent, high-quality service standards.

"Our dwell time at ports is under 30 hours, while competitors can take up to 30 days," Swarup added. "Customers are willing to pay more for our reliable, rapid service, and this dedication to quality is core to maintaining their loyalty." (ET)

Container Corporation of India Ltd (CONCOR) clarified that recent adjustments in empty container handling charges apply solely to its Dronagiri terminal near Jawaharlal Nehru Port, following reports suggesting cuts across its entire terminal network. We revised empty handling charges exclusively at Dronagiri, stated Chairman and Managing Director Sanjay Swarup, during a call with analysts. These charges, previously set at around Rs 6,000 for 20-ft and Rs 9,000 for 40-ft containers, have been reduced. With low empty inventory at Dronagiri, the aim is to attract more business and empty containers to this facility. He emphasised that handling fees at all other terminals remain unchanged. Despite the reduction, the Dronagiri terminal, contributing under 1% to CONCOR's total volume, has yet to see a revenue impact, as empty containers from shipping lines have not started arriving there. We expect shipping lines to utilise this terminal within the next 10-15 days, adding incremental revenue to the company, Swarup noted. Over the past year, CONCOR has offered 90 days of free storage for empty export-import (EXIM) containers and 15 days for loaded ones across its 66 terminals. Additionally, a 25% discount on the transport of empty containers from gateway ports to inland depots was introduced to support exports. Swarup highlighted that these initiatives have driven increased exports and market share without compromising margins, thanks to CONCOR's consistent, high-quality service standards. Our dwell time at ports is under 30 hours, while competitors can take up to 30 days, Swarup added. Customers are willing to pay more for our reliable, rapid service, and this dedication to quality is core to maintaining their loyalty. (ET)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code