APM Terminals Pipavav reduces handling charges for empty containers

APM Terminals Pipavav assists the trade through reduction in handling charges of empty containers by 25% to enable the exporters who are adversely impacted by the shortage of empty containers. This is our efforts to facilitate the trade amidst a considerable imbalance in trade owing to shortage of containers for export due to a significant fall in imports. The reduction on tariff is effective for vessels sailing from 16^th November 2020 to 31^st December 2020.

According to the data from Ministry of Commerce and Industry, India’s exports during April-October 2020, fell by 19% to $150.14 billion; while imports declined 36.3% to $182.29 billion. This resulted in shortage of empty containers hurting exporters as access to a container is now taking more than two-three weeks compared to maximum of 4-5 days earlier. We hope, this will ease exporters in getting easy access to empty containers and reduce the waiting period, thereby addressing the critical issue of container shortage.