The Paradip Port Authority (PPA) on September 17, 2024, issued the notification regarding the Proposed Revision of the performance-based Incentive/ Penalty Scheme for Dry bulk.
The following has been stated namely: -
• The Methodology for calculation of Incentive and Penalty in respect of Gearless vessels operated with multiple HMC and Geared vessels having multiple consignments/multiple parties at conventional berths has been stated
• The Performance norms for Steel/ Break Bulk/Project Cargo handling have been stated
• The Performance, Incentive, and Penalty norms for the vessels working at Mechanised Coal berths CB1 & CB2 have been stated
• The penalty scheme for non-evacuation of cargo from the wharf has been stated
