Adani to Offer 50% Discount on Charges to LNG-fueled Ships at Mundra Port

Nidhi Verma
Tuesday, July 20, 2021

The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India's largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan.

Using LNG to fuel ships allows a significant reduction in CO2 as well as of other forms of pollution compared with conventional shipping fuel.

"Port will offer 50% discount on Port Dues, Pilotage and Berth hire charges," the notice to shippers, issued by Adani Ports and SEZ Ltd, said.

The company, controlled by billionaire Gautam Adani, said the waiver scheme will apply to vessels with dual fuel engines that use LNG as a primary fuel. The scheme will be valid for six months from Aug. 1.

However, the waiver on port charges would not apply for vessels carrying LNG cargo and using LNG fuel, it said.

Adani Ports and SEZ Ltd were not immediately available for comment.

(Reporting by Nidhi Verma; editing by Barbara Lewis)

Categories: Ports LNG Coastal/Inland Asia

Related Stories

Maersk Mulls Baltimore Barge Service

Port of Detroit Unveils Plan to Decarbonize Operations

VTTI to Control Italy's Biggest LNG Terminal, Snam to Get 30%

Current News

Unified Command Reflects on Key Bridge Disaster Response Efforts

Nigeria Secures $600 Million Maersk Port Infrastructure Investment

Kruger Named President of Austal USA

Tanker Enroute from Russia to India hit by Missile off of Yemen - Report

Subscribe for Maritime Logistics Professional E‑News