The aim of the extension of the discount period is to promote trade through Shahid Beheshti Port of Chabahar, Iran. It would give a boost to the coastal movement of cargo being handled at Jawaharlal Nehru Port and Deendayal Port from/to Shahid Beheshti Port.
The net effect of the rate relaxation would be an immediate reduction in port charges ranging from 60% to 70%, which will give substantial relief to the cruise industry in India, in line with the government policy to support the economy in COVID-19 pandemic situation.
Union Minister of State for Shipping (I/C) has welcomed the issuance of SOPs for sign-on and sign-off of Indian Seafarers at Indian Ports.
In connection with the COVID-19 outbreak, Minister of State for Shipping Shri Mansukh Mandaviya reviewed the situation at all major ports regarding cargo handling, SOP, payment to casual labourers, etc., through video conferencing.
AG&P breaks ground on its LNG import facility at Karaikal Port, Puducherry. Terminal expected to commence operations by Q4 2021. (Graphic: Business Wire)
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ‘in-principle’ approval for setting up a Major Port at Vadhavan near Dahanu in Maharashtra.
The Minister of State for Shipping and Chemical & Fertilizers informed that an Action Plan for Coastal Shipping has been prepared by the Asian Development Bank in September, 2019.
As a result, the cargo handling capacity of the Major Ports as of 31st March 2019 is 1514.09 Million Tonnes Per Annum (MTPA) which is adequate to handle theEXIM and Coastal cargo.
IPGCFZ, an SPV of Indian Ports Global Ltd. in Iran has taken over interim operation of the Chabahar Port w.e.f. 24.12.2018. The details of the funds allocated, released and utilized for the purpose during the last two years.