APSEZ Imposes Double Stack Lock Charges at Mundra Port

01 Feb 2024 CW Team

Adani Ports and Special Economic Zone (APSEZ) has announced the imposition of double-stack lock charges at Mundra Port, amounting to Rs 500 per wagon. The decision aims to optimize operations and enhance efficiency at the port, reflecting the company's strategic approach to port management.

The double-stack lock charges will be applied per wagon, emphasizing the importance of maximizing cargo capacity and streamlining logistics processes at Mundra Port. This move aligns with APSEZ's commitment to operational excellence and comes as part of ongoing efforts to further strengthen the port's capabilities.

Mundra Port, being a key player in India's maritime trade, plays a pivotal role in facilitating imports and exports. The introduction of double-stack lock charges underscores APSEZ's dedication to improving infrastructure and operational practices to meet the growing demands of the shipping and logistics industry.

The decision is likely to have implications for the shipping and logistics stakeholders utilizing Mundra Port. While optimizing cargo handling processes, the move also reflects APSEZ's focus on revenue enhancement and sustained growth.

Adani Ports and Special Economic Zone's implementation of double-stack lock charges aligns with industry trends aiming for greater efficiency in cargo handling and port operations, contributing to the overall development and competitiveness of India's maritime sector.

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