Relaxation of cabotage boosts Indian ports

Union Shipping Secretary Gopal Krishna on Tuesday (Oct. 30) said relaxation of cabotage for foreign-registered vessels has helped reduce coastal shipping rates and Indian seaports like Krishnapatnam and Visakhapatnam are attracting a share of cargo which was previously transshipped at Singapore or Colombo.

The Centre relaxed cabotage for foreign registered vessels in May. It allowed foreign liners to pick up cargo en-route. Shipping Line Maersk has already opened coastal links between Kolkata-...

http://container-news.com/relaxation-cabotage-boosts-indian-ports/