Due to coastal shipping becoming economically viable after demonetisation, automajor Hyundai has decided to increase its monthly shipment through this mode. The Korean major has also said that demonetisation has led to ´less supply of trucks´ and coastal shipping is a ´blessing in disguise´ to meet the orders.
Tag: coastal shipping
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For the first time in 70 years, logistics personnel are getting trained
The Logistics Sector Skill Council (LSC) trains candidates at the entry level for the warehousing sub sector. Training is done on specific job roles such as pickers/ packers/ binning /kitting/labelling and forklift and reach truck operators, and warehouse supervisors i.e., an ´outcome´ based training, which ensures candidates are job ready from day one.
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India´s largest container port needs Rs.500 crore more to beef up ops
India´s largest container port, Jawaharlal Nehru Port, will be spending nearly Rs500 crore in the next two-three years to beef up evacuation of cargo and further increase connectivity with the hinterland.
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Govt´s incentives for coastal shipping
Shipping Ministry released detailed guidelines for implementing a financial scheme to incentivise shifting some portion of the cargo now carried by rail
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Government plans big push for coastal shipping
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.
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Vizag Port gets dedicated berth for coastal cargo
Visakhapatnam Port is planning to develop a dedicated berth for coastal shipping within six months, which will help to save time in handling coastal cargo, according to the Chairman MT Krishna Babu.
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The Water Route
Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy
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How can ports be put on the fast track to development?
The ports sector has undergone considerable change since the nineties, but reforms and development have taken a backseat. Janaki Krishnamoorthi examines various approaches to boost this crucial sector.
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Govt to expand 6 minor ports to up cargo transport
By 2015, the Kerala government has chalked out an action plan to shift 20 per cent of road cargo movement to coastal shipping. The State government would expand 6 minor ports to enhance coastal shipping services in the first phase. The government said that seven per cent of the total cargo movement is through coastal shipping.
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Weak coastal shipping in Kerala, high costs blamed
Experts point out several factors that impede coastal shipping in Kerala. Coastal shipping has got several advantages and is one of the cheapest modes of transportation.