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12 December 2018 The on-line newspaper devoted to the world of transports 04:20 GMT+1



August 25, 2016

Shipping ministry seeks to give greater flexibility in port concession pacts
The shipping ministry will allow private developers to extend concession period for port contracts if the traffic demand is lower than forecast due to regulatory changes

P.Manoj
livemint.com

Bangalore: The shipping ministry is weighing a plan to extend or reduce the concession period for port contracts to deal with cargo volatilities and balance risks better as it seeks to shore up investor sentiment in a sector roiled by sluggish global trade ......
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