Bangladesh-India trans-shipment trial run likely this month

The first trial run of the trans-shipment of Indian goods through Bangladesh will take place this month amid the Covid-19 pandemic, according to sources. After the trial, and based on its outcome, a full phased trans-shipment movement of Indian vehicles through Bangladesh’s roads will get underway soon. In the first trial, India will carry goods.

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Kerala’s bid to promote coastal shipping with an incentive scheme gets tangled in power struggle

An incentive policy framed by the Kerala government on June 4 to promote coastal shipping in the state by diverting container cargo from road to water has brought forth a rift between the Indian Administrative Service (IAS) lobby and the Kerala Maritime Board. Containers shipped between the International Container Transhipment Terminal (ICTT) at Vallarpadam in.

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Kerala: Operational incentive for coastal shipping extended

Responding positively to the plea of importers and exporters in Kerala, the Department of Fisheries and Port has extended the operational incentive for coastal shipping for a period of six more months. For 20-ft loaded containers, the incentive will be 50% of the road coast. A 30% enhanced incentive will be given to 40-feet loaded.

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In ‘atmanirbhar’ quest, Shipping Ministry may reinstate cabotage restrictions

In a atmanirbhar Bharat (self-reliant India) push, the Shipping Ministry could reverse the relaxation in cabotage restrictions granted two years ago, allowing foreign flag ships to carry six cargo types along the Indian coast. The move is being pushed by the recently re-constituted National Shipping Board (NSB), the country’s top advisory body on shipping. The.

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Sagarmala is passe; Government begins work on new maritime vision

The Shipping Ministry has started work on drafting a new blueprint for India’s maritime sector for the next decade after the coronavirus pandemic decimated  previously laid down assumptions and projections on trade that formed the basis for Sagarmala, the flagship maritime program of the Narendra Modi-led government. The government is close to hiring Boston Consulting Group.

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Transworld Group pledges support to COVID-19 relief measures

COVID-19, a global pandemic has registered millions of cases across the globe and are only on the rise. It is spiralling irrepressibly within many countries in the world and has disrupted the flow of life in many aspects. Effective humanitarian response to this global crisis is the need of the hour. Transworld Group continued its.

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Indian ship owners urge coastal container transporters to settle unpaid freight as coronavirus bites

The Indian shipping industry has urged the coastal container transporters to settle outstanding freight within the agreed credit period. “It will not be possible to provide any extended credit on such bills,” Anil Devli, CEO, Indian National Shipowners’ Association, wrote in a letter to Rahul Modi, President of Coastal Container Transporters Association (CCTA). Besides, the.

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