Export/Import Updates!
April 29, 2020

JNPT Port Announces Revision in Computation of Dwell Time Charges and Refeer Charges

Dwell time is an important metric for both the ports and the trade. For ports, it helps measure operational efficiency. It aids exporters and importers to arrive at the container dwell time charges levied by the port. In addition to this, it also provides them with an estimated time lag for the next container movement – loading on rail/road for import containers and loading on the vessel for export containers.

Given the impact that dwell time charges have on the total logistics costs of a shipment and the overall delivery timelines, how it is calculated is of importance to exporters and importers.

Hence, in the last quarterly meeting of all the stakeholders of JNPT Port, CSLA and MANSA presented this point for discussion. They put forth the suggestion to take into consideration the actual time of loading/unloading of containers from the vessel and exact time of gate in and gate out respectively.

Upon due consideration, JNPT Port has announced revision in the computation method for dwell time charges and reefer charges. Additionally, it has also decided to offer lashing rebate to transshipment containers. This rebate was earlier only provided for normal containers. The new computation method has been made applicable from 1st April, 2018.

The table given below provides a comparison between the existing dwell time charges computation method and the revised methodology.

JNPT Dwell Time Revised Computation
       Source: JNPT Port

According to data shared in an article in JOC.com, dwell time at major Indian ports is a matter of concern. A comparison of dwell time data of some of the major ports for the April-November period in 2016 and 2017 shows an increasing trend. During this period, the average container dwell time increased to 2.91 days from 2.57 days at JNPT. It went up to 2.79 days from 2.57 days at Chennai port and Tuticorin recorded 2.01 days as against 1.96 days. Kolkata Port’s dwell time went up to 5.6 days from 5.5 days.

Taking into consideration the dwell time trend of the previous year, this move by JNPT Port should, to some extent, help provide relief to the exporters and importers in terms of reducing logistics costs. 

Editorial Team
Editorial Team
Customer success manager
Tea cup with steam illustration
JOIN US FOR CHAI

Signup & get articles in your inbox

Signup to Cogoport. Get trade new & updates, and get assistance with booking international shipments online!

More articles

India-Pakistan Political Dispute: Is trade affected.

India-Pakistan Political Dispute: Is trade affected.

Pakistan trade has been suspended since the revocation of Article 370. But is this really affecting the overall trade of either nation?

Global Buyers Look Towards India amid Coronavirus Outbreak in China

Global Buyers Look Towards India amid Coronavirus Outbreak in China

Indian Manufacturers and exporters have received an increase in the number of queries coming for their products.

Air or Ocean Freight: Which Mode of Cargo Transportation is Best for Your Trade?

Air or Ocean Freight: Which Mode of Cargo Transportation is Best for Your Trade?

The differences between Air Freight and Ocean Freight and when to choose which mode for your business trade.

Impact of Coronavirus Pandemic on Indian SME Sector

Impact of Coronavirus Pandemic on Indian SME Sector

The novel coronavirus pandemic has not only hit the human population but also destructively hit the Indian economy. This is the first time in history where the Indian economy has almost brought to a lockdown.

Ocean Freight & Logistics Tech Outlook: 28 March, 2020

Ocean Freight & Logistics Tech Outlook: 28 March, 2020

This week in ocean freight, global supply chains, and logistics technology

India-EU Food Trade: A Massive Opportunity

India-EU Food Trade: A Massive Opportunity

The way to economy’s heart is through the stomachs of consumers. Opportunities in agricultural trade exist for both the EU and India.

Export/Import Updates!

Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Sara Smith
Customer success manager

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Heading

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Resources

No items found.