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Tuesday, February 25
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Gujarat News

Within months of the Gujarat government allowing captive jetties to handle third-party cargo without its permission, eight out of 33 captive jetties in the state have applied for the benefit, a state government official said. The policy change, announced by the Gujarat Maritime Board (GMB) in October 2019, allows these jetties to handle third-party cargo after signing a one-time supplementary agreement. “The window for opting in for the supplementary agreement is open till March 31," the official said on condition of anonymity. “So far, 8 captive jetties have opted in. The policy is meant to attract more coastal cargo and to cut logistics costs for customers by half. Gujarat has an idle cargo-handling capacity of about 100 million tonnes per annum (mtpa) at these captive jetties which can now be fully used," he added.