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Easing exports: India to buy more second-hand vessels to raise container capacity, cut port charges

By Economic Times - 17 hours ago
India will reduce port charges and purchase five second-hand container vessels to boost exports and address shipping issues. These measures aim to lower shipping costs, improve container availability, expedite export consignments, and reduce port congestion. Commerce Minister Piyush Goyal announced these steps following a meeting with various stakeholders.

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