Page 3 - Shipping Ministry

PM Modi announces new name for shipping ministry, launches ferry service

Modi inaugurated a Ro-Pax ferry service between Hazira in Surat and Ghogha in Bhavnagar district

Cut quarantine period for vessels arriving from China: Commerce Ministry

he Commerce Ministry has asked to reduce the 14-day quarantine period to seven days

Shipping Ministry issues draft Coastal Shipping Bill, 2020 for suggestions

"The Ministry of Shipping has drafted a Coastal Shipping Bill, 2020 in lieu of part XIV of the Merchant Shipping Act, 1958," it added.

Shipping Minister launches dispute redressal mechanism for maritime sector

Union Minister Mansukh Mandaviya on Thursday launched a dispute redressal mechanism to facilitate affordable and timely resolution of disputes for the maritime sector

Shipping Min directs ports to procure, charter indigenously-built vessels

Union Shipping Minister Mansukh L Mandaviya said that the new plan will help to build small vessels at 16 major shipyards in the country

Change of over 100,000 crew members facilitated at ports: Shipping Ministry

The shipping ministry on Tuesday said it has facilitated change of more than 100,000 crew members at Indian ports and through chartered flights amid the coronavirus pandemic

Icra outlook on ports negative for FY21 despite signs of recovery in July

General cargo throughput may witness 6-8% contraction in FY21; container segment decline by 12-15% during same period

Govt relaxes tariffs, port charges for vessels to boost cruise industry

The Ministry said in a statement that it has rationalised tariff rates for cruise vessels plying on the rivers and oceanic waters of India

Centre okays Rs 107 cr for firefighting facilities at Haldia Dock Complex

The Ministry of Shipping on Tuesday approved Rs 107 crore for augmentation of firefighting facilities on five jetties of Haldia Dock Complex, Kolkata Port

Recycling units to lose Rs 22,000 cr as demurrage and detention costs soar

Shipping lines and container freight stations ignore official directives calling for a waiver on these charges

About 40,000 Indian seafarers stranded across globe due to lockdown

NUSI, MUI and MASSA said that they have raised the issue with the Shipping Ministry, which has assured to extend all possible help for the return of these seafarers after the lockdown is lifted.

Shipping Ministry protocol for vessels to hurt cement industry importers

According to the protocol rolled out over the weekend by the ministry, vessels arriving at Indian ports from infected countries within 14 days have to be quarantined for 14 more days.

Shipping ministry sets 3 deadlines for development, modernisation of ports

The projects that have the necessary regulatory approvals in place would be tendered in the next 100 days

Shipping ministry seeks Rs 23.5 billion to fund inland waterway projects

The allocation for FY19 was Rs 18.81 billion. Of this, nearly one-fourth or Rs 5.08 billion was earmarked for implementation of such inland waterway projects

Shipping ministry seeks govt nod for maritime fund

Ministry of Shipping has sought approval for setting up a Maritime Development Fund which will meet the financing needs of the entire maritime sector including shipbuilding. This is in line with the government's aim to promote the domestic shipbuilding industry. According to sources, this is part of the long term solutions suggested by the shipping ministry to support and promote domestic shipbuilding industry.The central government is also of the view that shipyards should be allowed to access external commercial borrowing by the Reserve Bank of India for working capital under automatic route for raising fresh working capital as well as refinancing of the outstanding working capital loans drawn from domestic commercial banks. The ministry has also suggested that the government or PSUs which are ordering ships for commercial use should offer right of first refusal policy to Indian companies so that they can match the lowest price offered by a foreign company. Also to make financing ..

Shipping Ministry policy on location of greenfield ports soon

The policy would be useful to resolve issues such as those that developed the Centre decided to set up a major port in Tamil Nadu