In line with the government´s emphasis on simplifying procedures to promote ´ease of doing business´, the Shipping Ministry has decided to weed out thirteen archaic rules under Merchant Shipping Act
Tag: Shipping Ministry
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Shipping Ministry plans to make ports energy sufficient
In order to make the 12 major ports in the country self-sufficient in terms of power requirements, the Union Ministry of Shipping has drawn up a plan for producing 150
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Shipping Ministry to examine relaxation of cabotage law
India is looking at relaxing its age old cabotage law to allow foreign ships to transport cargo between different ports along the country´s coast with some riders, Junior Shipping Minister Pon Radhakrishnan has said.
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Ports on the Go
Achieving the targets of the Maritime Agenda of the Shipping Ministry seems ambitious. The installed capacity in FY14 was 1,400 million tonne (MnT), i.e., 800 MnT for the major and 600 MnT for the non-major ports.
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Govt to re-bid 10 private cargo-handling terminals
The Shipping Ministry has rejected demands by 10 private cargo handlers operating under tariff rules framed in 2005 to migrate to a new regime that took effect in July 2013.
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Neighbours´ envy, India´s pride?
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.
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Cochin Shipyard to build dry dock
The development and modernisation plans of Cochin Shipyard Ltd (CSL) have received a boost, with the Shipping Ministry approving a Rs 1,200-crore investment to set up a dry dock to build LNG carrier ships.
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MoS to launch new port projects worth Rs 13,700 cr
The Ministry of Shipping (MoS) has drawn up another ambitious aim to award over 35 ventures worth over Rs 13,700 crore and plans to add about 259 million tonne (mt) capacity this year.
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MoEF questions new port project in Nellore
The Ministry of Environment and Forests (MoEF) has questioned the rationale behind setting up a new port in Nellore district of Andhra Pradesh when a major port is already located there.
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Shipping Ministry to seek VGF
The Shipping Ministry will seek support from the Finance Ministry for covering the funding gap for two major ports proposed in West Bengal and Andhra Pradesh. A Cabinet note on the subject is being prepared, he said. The government has finalised Sagar and Dugarajapatnam as the two sites for setting up of the ports.