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(P. Manoj – Livemint/WSJ)

Shipping ministry has started talks with stake holders about easing a law for transshipped export-import containers and empty containers on Indian waters

The possibility of relaxing a shipping law that reserves transporting cargo on domestic routes to local ships has gathered steam after the National Democratic Alliance (NDA) came to power.

The shipping ministry has started talks with stake holders about easing a cabotage law for transshipped export-import containers and empty containers on Indian waters, a spokesman said. The plan is to allow foreign-registered ship to undertake business on local routes. The cabotage law mandates using Indian ships for transporting cargo among ports along the country’s coast. Foreign ships are allowed to operate only when Indian ships are not available; this requires a licence from India’s maritime regulator. Read more here.