Traders fret as Chennai Port sleeps over surcharge
By G Saravanan Published in The New Indian Express, Chennai on October 31, 2011: Source: http://expressbuzz.com/cities/chennai/Traders-fret-as-Port-sleeps-over-surcharge/328286.html CHENNAI: Despite the exim traders in South India coughing up over Rs 200 crores in the name of ‘Chennai Trade Recovery’ surcharge for sending or receiving their containers via Chennai Port to vessel operators in the last two-and-half months alone (besides usual charges), Chairman of the port trust Atulya Misra is yet to take a concrete action to solve the burning issue . Though the port management organised a meeting of all stake holders on Saturday to persuade the vessel operators to stop collecting CTR from traders henceforth, it turned out to be a farce at the end of the day as the port officials were reluctant to understand the bleeding conditions of traders and representatives responsible for withdrawing CTR failed to make it to the meeting. Irked over the port trust’s attitude in the meeting that wa...