The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.
Tag: Cargo
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Private terminals get a boost
The government is seeking to shore up investor confidence in the ports sector by agreeing to allow private firms setting up container terminals to change their cargo profile either permanently or as a stop-gap measure to deal with circumstances that have rendered their facilities idle.
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Coastal shipping to get more attention
The Union Government is giving its attention to promoting coastal shipping, which has a paltry 7 per cent share of the overall local cargo movement. The share of coastal shipping in India
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Racks of investment
At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.
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New SPV to develop last-mile port connectivity
The Shipping Ministry is looking at setting up a special purpose vehicle (SPV) for all major ports to provide last-mile rail connectivity.
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Cargo ports to come up
To reduce dependence on roads for cargo movement and to reduce the costs, JNPT will be setting up satellite ports at Wardha, Aurangabad and Surat, according to Union Shipping Minister Nitin Gadkari.
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Cargo operations at 24 airports
The Civil Aviation Ministry has identified 24 airports for the development of domestic air cargo terminals. The governments plan calls for the creation of a national logistics network for the faster movement and clearance of goods
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Tata Steel uses waterways
Tata Steel will start using coastal and inland waterways in India to transport raw material to its factories and finished goods along the coastline, as it looks at saving on freight and energy costs.
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Govt plans to upgrade Jaipur and Jodhpur airports
According to the Union Minister of State for Civil Aviation, GM Siddeshwara, Airports Authority of India (AAI) has a plan for extension of runway at Jaipur Airport. An expansion of integrated terminal building along with the construction of cargo complex
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Govt plans to upgrade Jaipur and Jodhpur airports
According to the Union Minister of State for Civil Aviation, GM Siddeshwara, Airports Authority of India (AAI) has a plan for extension of runway at Jaipur Airport. An expansion of integrated terminal building along with the construction of cargo complex