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Charting course for maritime growth


Charting course for maritime growth
© Provided by The Financial Express
Therefore, there are plans to increase the transshipment capacity through accelerated operationalisation of such ports, development of green-field TS ports at Kanyakumari and Campbell Bay as additional transshipment hubs in a phased manner, and increase capacity of existing ports like Cochin.
By Mansukh Mandaviya
Invest in our ports. Invest in our people. Let India be your preferred trade destination. Let Indian ports be your port of call for trade and commerce, PM Narendra Modi said at the Maritime India Summit-2021, inviting global investors. His words define the aspirations of New India and its ports & maritime sector. ....

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India - Year End Shipping Sector Review: Various Efforts And Initiatives To Mitigate Impacts Of Pandemic


Improvement in port connectivity
In order to overcome these challenges, many initiatives have been taken over a period of last few years. Some of the recent initiatives taken by the government are as follows:
New legislation viz. Major Ports Authority (MPA) Bill, 2020 have been formulated after extensive deliberations and discussions with the stakeholders. The MPA Bill, 2020 has been passed by the Lok Sabha and would be introduced in Rajya Sabha in the next session. It will usher in a new era for the administration of Major Ports in India in which the Major Ports will have much greater autonomy and contribute significantly to the economic growth and provide world-class port infrastructure by adopting the Landlord Model of development ....

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