Govt may al­low for­eign ves­sels in coastal wa­ters

Maritime Gateway - - Brief News -

The gov­ern­ment is con­sid­er­ing a pro­posal to per­mit for­eign ves­sels to op­er­ate in In­dian coastal wa­ters with a view to re­duce lo­gis­tics cost, en­hance port ef­fi­ciency and boost do­mes­tic ship­ping in­dus­try. The move would fa­cil­i­tate trans­porta­tion of cargo be­tween dif­fer­ent ports along the coun­try's coast­line. Cur­rently, the Cab­o­tage rules, which gov­erns this ac­tiv­ity, make it dif­fi­cult for for­eign flagged ves­sels to han­dle cargo be­tween two do­mes­tic ports. The move would also help cut ship­ping rates and trans­porta­tion time. Ac­cord­ing to traders, there is a scarcity of In­dian main­line ves­sels in the coun­try and it im­pacts smooth move­ment of cargo and con­sign­ments.

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