The Shipping Ministry is considering merging Ennore port with the Chennai port. This option is being considered to secure the future of Chennai port's revenues.
Tag: Shipping Ministry
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Cabotage norms to be eased
In a bid to promote transhipment activity at the International Container Transshipment Terminal in Kochi, the shiÂpÂÂping ministry is considering relaxing the cabotage norms. Current cabotage norms allow foreign ships to ply on the coastline of the country only after getting prior licence from the government.
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Policy on captive ports
A four-member team has been set up to finalise a policy on captive ports. The Shipping Ministry has said that it is likely to take a month.
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TERI to analyse tariff scheme
The Shipping Ministry has engaged The Energy and Resources Institute (TERI) to anÂalyse the port-wise 'cost plus' method of tariff fixation as envisaged in the Tariff Guidelines of 2005.
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Kochi Port seeks dredging finance
Kochi Port has sought a grant of Rs 399.50 crore towards the cost of maintenance dredging for the next three years.
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New regulator for ports
The Shipping Ministry was mulling to do away with the Tariff Authority for Major Ports and bringing in a new regulator which will enable ports in India to fix their own market based tariffs for higher returns.