JNPT's latest tender call to CFS to take DPD to the next level

Image
Press Trust of India New Delhi
Last Updated : Mar 27 2017 | 10:48 PM IST
Logistics player Global Ocean Group said today that Jawaharlal Nehru Port Trust's latest plans of tender to all Container Freight Station (CFS) operators will prove to be a respite for businesses hit by Direct Port Delivery (DPD).
The new plan offers CFS operators to bid directly to operate under the new regime.
Brijesh Lohia, Managing Director of Global Ocean Group said, "Although the introduction of DPD is deemed to prove highly favorable for importers, the limitations such as dispatching within 72 hour timeframe and congestion at the port has steered to question if our ports are ready for the DPD model."
To begin with, under DPD model, JNPT appointed one single CFS where all goods were offloaded and stored, Global Ocean Group said.
But in an initiative to iron out early issues encountered since inception, the tender call which might select upto 10 CFS will facilitate importers with warehousing options and resolve congestion problems at the port, it said.
Another great benefit would be the cost cutting as the key criteria of the tender, as it will allow one fixed cost of handing to be charged by all CFS operators, as contrasted with inconsistent rates charged earlier, Global Ocean Group said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 27 2017 | 10:48 PM IST

Next Story