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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; 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Chennai Port Authority offers wharfage concessions up to 80% for non-containerised cargo
BL Chennai Bureau · 2026-06-18 · via Economy News, Latest Economic News Today | The HinduBusinessLine

The Chennai Port Authority (ChPA) has launched the Non-Containerized Cargo Incentive Scheme (NCCS) 2026-27, offering wharfage concessions of up to 80 per cent and loyalty bonus of up to 10 per cent for eligible customers.

The scheme aims to attract additional cargo traffic, reward customer loyalty and strengthen long-term partnerships with trade and industry. The scheme covers Liquid Bulk (excluding POL Crude and POL Products), Dry Bulk and Break Bulk cargo, including both Coastal and EXIM cargo handled through Port-operated berths, says a release.

Designed to reward growth and encourage new business, the scheme provides attractive incentives for both existing and new customers routing cargo through Chennai Port. Through NCCS 2026-27, ChPA aims to promote higher cargo throughput, improve ease of doing business and reinforce Chennai Port’s position as a preferred gateway for non-containerized cargo on the East Coast of India, the release said.

The Authority invites the trade community to partner with the Port through long-term cargo commitments. It is also open to entering into mutually beneficial Memorandums of Understanding (MoUs) with interested trade partners to facilitate cargo growth and create enduring business relationships, the release said.

With incentives of up to 80 per cent on wharfage charges on eligible incremental cargo volume, loyalty benefits for existing customers and partnership opportunities for future growth, Chennai Port Authority invites the trade community to be part of its next phase of expansion, says the release.

Published on June 17, 2026