The government might soon propose amendments to the Multimodal Transportation of Goods Act, 1993. The aim is more transparency in the shipping and logistics sectors and to discourage container freight stations from overcharging both importers and exporters, said two government officials with direct knowledge of the matter. The Act provides for regulation of such transportation from any place in India to one outside India on the basis of a contract. The latest amendment was in the year 2000. The National Shipping Board has now suggested changes, for bringing transparency into end-to-end logistics regarding sea transport, The amendment would also ensure stevedoring and cargo handling agents do not overcharge clients, a shipping ministry official said. Stevedoring refers to loading and unloading cargo on vessels and shore handling for arranging and receiving cargo. A presentation on the proposed amendments will be made next month to the Shipping Minister Nitin Gadkari, by the Director-General Shipping, Deepak Shetty. Aggregate capacity at the 12 major ports had increased to 965 million tonne in 2015-16 from 873 million tonne in 2014-15. The 12 ports handled 107.5 million tonne of cargo during April-May this year.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Home » Govt plans transparency in shipping, logistics
Govt plans transparency in shipping, logistics
Ports & Shipping
July 1, 2016July 1, 2016
Leave a Reply
You must be logged in to post a comment.