The legislation would create a new agency, the Major Ports Regulatory Authority, to replace the current Tariff Authority for Major Ports (TAMP). The name change is more than cosmetic, as it indicates the new regulator would have control over more than just tariffs at India's 12 large state-run ports.
Private terminal operators in India, such as PSA International and DP World, have bristled at TAMP's decisions to keep tariff levels down in major Indian ports, such as Nhava Sheva, Chennai and Tuticorin. TAMP acts primarily on behalf of port users to ensure that costs are not too burdensome, but the private operators insist that service levels have risen from previous times, when the government operated container terminals, and that tariffs should reflect that improvement.
The legislation would give the ports regulator new authorities. It would 'lay down the performance norms and standards of quality, continuity and reliability of service to be provided by the port authorities and private operators,' the newspaper report said. 'It is also required to monitor actual performance and services levels provided in the port with a view to secure compliance of such prescribed norms and standards by the port authorities and private operators.'
The new authority would have three members and a chairperson, as opposed to TAMP's two members and a chair.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now