July 10, 2020: Move to boost coastal shipping, get competitive edge over private ports
In a bid to boost coastal shipping and have an competitive edge over private ports of Kattupalli and Krishnapatnam, the Chennai Port Trust (ChPT) has increased concessions for coastal vessels carrying trans-shipment containers that call at Chennai in bigger ships from Singapore or Colombo and go out of the city in smaller feeder vessels to save cost.
Source: Hindu Business Line
