Section

Plan in works to merge coastal shipping with inland waterways

By Economic Times - a month ago
Under the new bill, Indian ships will not require separate licences. It will be presumed that they have got approvals when the vessel is registered, Kumar said. It is expected that these changes will enable concerted regulation of trade activities, particularly by foreign flag vessels in India's coastal waters, including in the country's exclusive economic zones. Foreign vessels will need to verify their identity, scope of work and other factors that may impact India's safety, security, environment and other coastal shipping related interests.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.