Framework for listing of Commercial Paper (See 'Dashboard') Santosh Gangwar: State crucial to implement labour laws (See 'Corp Brief') More Swiss tech for Indian Railway (See 'Corp Brief') Goa joins hands with Khadi Commission to boost local employment (See 'Corp Brief') Tata Steel to cull jobs from Dutch unit; expects to save USD 930 mil from cost cutting Infosys may face US class action amidst allegations of investment irregularities Nandan Nilekani: CEO, CFO recused from audit investigations into Infosys affairs Trade Marks Act, 1999 - Trade Marks Rules, 2017 cannot do way with statutory obligation of Registrar to communicate refusal of Trademark application with grounds of rejection : HC (See 'Legal Desk') PCA, 1988 - High Court cannot deny bail to P Chidambaram merely on speculation that witnesses are being influenced without any material basis: SC Larger Bench (See 'Legal Desk') INX media case: SC grants bail to Chidambaram in CBI case GST rate on Waste to Energy Plant/Devices executed on EPC basis (See 'THE INSIGHT' in Competition Act, 2002 - Scheme of act, 2002 contains no provision that makes recommendations of DG binding upon the Competition Commission: HC (See 'Legal Desk) Arbitration & Conciliation Act, 1996 - If factual findings about termination of contract survives challenges u/s 34 & 37 before High Court, SLP is not maintainable: SC (See 'Legal Desk) Arbitration & Conciliation Act, 1996 - Manner of appointment of substitute arbitrator is same as that of first arbitrator appointed by the Court where existence of agreement is derived from conduct of parties: HC (See 'Legal Desk) DHFL says Bank securitisation deals in-compliant with RBI norms Indigo look east policy; focuses on China, Southeast Asia Whistleblowers accuses WIPRO top management of taking unethical steps to boost revenue BSNL unite with YuppTV; ventures into video on demand market Govt clarifies on domestic manufacturing of solar cells (See 'Corp Brief') Goyal on tour to Sweden - 70 Indian Cos operating there (See 'Corp Brief) Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 (See 'Dashboard') Foreign Exchange Management (Debt Instruments) Regulations, 2019 (See 'Dashboard') Anil Kumar Gautam takes over as Director (Finance) at NTPC DHFL resolution hits wall; bondholders to approach bankruptcy court (See 'Corpbrief') DRDO signs 30 Tech Transfer agreements (See 'Corpbrief') PMC Bank case: SC declines PIL by depositors to relax withdrawal restrictions Nikhil Gandhi takes charge of TikTok India Adani Group coal import case: HC helds Letters Rogatory non-conforming to applicable standards IL&FS case: HC grants Deloitte Haskins interim relief from coercive action in criminal proceedings

Several measures taken to promote coastal shipping: Mandaviya

Published: Jul 08, 2019


NEW DELHI, JULY 08, 2019: THE Minister of State Shipping (I/C) and Chemical & Fertilizers, Mr Mansukh Mandaviya, today in Parliament drew attention to the many measures taken by the Government to promote coastal shipping. He stated that the Government relaxed Cabotage under section 406 & 407 of the Merchant Shipping Act, 1958, for the coastal movement of Agriculture, horticulture, fisheries and animal husbandry commodities. Such relaxation has given wider geographical spread for distribution of fertilizers for the benefit of farming community.

He informed that in order to promote coastal shipping, the Ministry of Shipping, in exercise of power vested in the Central Government vide Section 407(3) of the Merchant Shipping Act, had relaxed cabotage and allowed foreign flag ships to engage in the coastal trade of India without obtaining licence  from Directorate General of Shipping for coastal movement of the following -

  1. For specialized vessels such as RO-RO, RO-PAX, Hybrid Ro-Ro, Pure car carriers, pure car and truck carriers, LNG vessels and over-dimensional cargo or project cargo vide order dated September 02, 2015.
  2. EXIM/EMPTY containers vide order dated May 21, 2018;
  3. Agriculture, horticulture, fisheries and animal husbandry commodities vide order dated May 22, 2018, and
  4. Fertilizers vide order dated June 22, 2018.

He further informed that in addition, the Ministry of Shipping in exercise of power vested vide Section 406 (1) of the said Act, had allowed foreign flag ships chartered by a citizen of India or a company or a cooperative society to engage in coastal trade of India for movement of above mentioned cargoes without obtaining a licence from Directorate General of Shipping.

The licensing condition has been relaxed for certain type of specialized foreign ships due to non-availability of adequate number of such Indian flagged vessels.  Similar relaxation for specific cargoes/commodities has been made to make available additional vessels for carriage of cargoes on the coast at competitive freight rates.  This would encourage modal shift from road and rail transport to coastal shipping and eventually benefit the end-users. Both, the coastal trade and the transshipment of containers from Indian Ports, have shown an increase subsequent to the relaxation of licensing conditions for plying of foreign ships for specified types of cargoes.