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.
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Home » Govt plans transparency in shipping, logistics
Govt plans transparency in shipping, logistics
Ports & Shipping
July 1, 2016July 1, 2016
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