CCI approves acquisition of 100% shareholding of Vishavari Tollway by Concessoc 41 SAS (See 'Corp Brief') CCI okays acquisition of sole control over Omega-Meyer by BCPE Wellbeing Holdco Two Ltd (See 'Corp Brief') CCI approves acquisition of equity in Prestige Hospitality Ventures Limited by CPP Investment Board (See 'Corp Brief') Central Zoo Authority and IIFM inaugurate 3-Day Regional Training Programme for Zookeepers at IIFM, Bhopal (See 'Corp Brief') CCI approves proposed combination related to internal restructuring of JSW Group (See 'Corp Brief') RRM Inaugurates SAREX-2026 as 24th NMSAR Board Meeting reviews Maritime SAR Preparedness (See 'Corp Brief') NLMC organises mock E-Auction Training ahead of RINL Land E-Auction (See 'Corp Brief') India, Ghana sign historic MoU to advance Agricultural Research and Technology Transfer (See 'Corp Brief') COP31 should focus on closing Gaps and fulfilling Commitments: Yadav (See 'Corp Brief') CBN conducts Jan Samvad at Malana in Kullu District to create preventive drug awareness (See 'Corp Brief') IBC - Per Section 9 of IBC, where operational debt meets statutory threshold & no pre-existing dispute exists, then application for initiation of CIRP is maintainable: NCLT (See 'Legal Desk') Switzerland Sees India as Emerging Global R&D Power, Earmarks CHF 45 Million for Science and Technology Partnership (See 'Corp Brief') Textile Council To Form Working Groups To Address Sector Challenges (See 'Corp Brief') President Murmu urges AIIMS Bilaspur graduates to serve in Himachal's remote, rural areas (See 'Corp Brief') Banks told to expand digital lending, financial inclusion outreach: DFS secretary (See 'Corp Brief') SEBI - Allegation of violations of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations is serious & cannot be sustained on mere general allegations, individual perceptions, or violations of investment advisory regulations alone: SAT (See 'Legal Desk') Union renewable energy minister will inaugurate Windergy India 2026 in Chennai on Oct 8 (See 'Corp Brief') Kasturi Cotton gains traction as India puts traceability on the textile map (See 'Corp Brief') IPR - Visual deceptive similarity, phonetic identity, likelihood of public confusion, brand dilution, and misrepresentation of association are sufficient to justify interim injunctive relief: HC (See 'Legal Desk') Dr. Jitendra Singh Pushes Digital Pension Services for Ease of Life (See 'Corp Brief') CIL steps up coal supplies to power plants amid availability concerns (See 'Corp Brief') SARFAESI Act, 2002 - Writ remedy under Article 226 cannot be used to bypass or circumvent this designated statutory remedy & specialized forum, which is uniquely equipped to assess the intricacies of such proceedings: HC (See 'Legal Desk') G20 Trade Ministers reach Consensus against Weaponization of Food through Coercive Trade Actions (See 'Corp Brief') Robotics to become accelerating tool in Every Specialty of Medicine: MoS (See 'Corp Brief') NITI Aayog organises National Workshop on SDG Budgeting in Kolkata (See 'Corp Brief') IPR - Fraudulent mobile applications deceptively imitating Plaintiff's branding and falsely projecting themselves as official investment platforms, deserves to be taken down: HC (See 'Legal Desk') First Tigress in Buxa Tiger Reserve released under Tiger Reintroduction Programme (See 'Corp Brief') CBN destroys over 10.84 tonnes of seized narcotic drugs (See 'Corp Brief') CRIT and IIFT organise three-day Orientation Course on Trade Negotiations (See 'Corp Brief') APEDA Facilitates FPO-led Export of Frozen Food Products from Haryana to Canada (See 'Corp Brief') PMLA - Provisional attachment invalid where material at hand does not show how in absence of provisional attachment, the properties could be so disposed off so as to frustrate confiscation proceedings: SAFEMA Tribunal (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Several measures taken to promote coastal shipping: Mandaviya

Published: Jul 08, 2019

By TIOLCORPLAWS News Service

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.

TIOL CORP SEARCH

TIOL GROUP WEBSITES