Vallarpadam in Cochin run by Dubai´s DP World Ltd is slated to have a companion in Vizhinjam near Thiruvananthapuram as the new transshipment facility.
Tag: rail movement
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Govt to promote coastal shipping for cargo
To attract manufacturers and transporters to the coastal shipping mode of transport from road and rail movement of their goods, the Union Ministry of Shipping is planning to offer them certain incentives. Currently, in India, over 60 per cent of the domestic cargo is moved by road and 30 per cent by rail, with coastal shipping accounting for only about 8 per cent.