Shipping ser­vice to Myan­mar, Bangladesh

Cargo Talk - - Cargo Analysis -

In­dia will soon launch reg­u­lar shipping ser­vice to Myan­mar and Bangladesh, a move that would help strengthen ties with the two im­me­di­ate neigh­bours.

While Shipping Cor­po­ra­tion of In­dia is likely to start fresh shipping lines to run con­tainer ships be­tween In­dia and Myan­mar in Oc­to­ber, sources said com­mer­cial trial run of ves­sels on In­dia-Bangladesh coastal routes will be­gin in the same month. Of­fi­cials said that the reg­u­lar coastal shipping be­tween Bangladesh ports and In­dia's east­ern ports such as Paradip and Hal­dia may com­mence by this year end.

With the com­mence­ment of In­dia-Myan­mar di­rect shipping ser­vice the tran­sit time for In­dian ex­ports to Myan­mar and In­dian im­ports from the east­ern neigh­bour would re­duce con­sid­er­ably. Sources said the SCI would get some sub­sidy for the first six months.

"We will give na­tional treat­ment to all cer­ti­fied ves­sels to op­er­ate along our coast. We will follow same stan­dard as it is in the case of our do­mes­tic ves­sels to pro­mote the trade and co­op­er­a­tion," said a gov­ern­ment of­fi­cial.

Launch­ing of the reg­u­lar coastal shipping ser­vice will not only re­duce bur­den on road net­work but will also in­crease trade be­tween the two coun­tries. As of now, there is only river­ine pro­to­col be­tween the two coun­tries for move­ment of small ves­sels on rivers flow­ing in both the coun­tries.

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