Wednesday, Sep 22 2021 | Time 14:00 Hrs(IST)
image
Business Economy


Several initiatives being taken for shipping development, facilitating ease of doing business: DG Shipping

Panaji, Apr 22 (UNI) Director General of Shipping Malini V Shankar has said that several initiatives are being taken for shipping development and facilitation of doing business in the sector.
Speaking at a round table meeting on ''Shipping Industry an Economic Enhancer for International Trade, organised by World Trade Centre Goa, and World Trade Centre (WTC) Mumbai, here yesterday,
she said,''The Government of India and Directorate of Shipping bearing in mind the potential and significance of shippining industry and its contribution to Indian trade and economic development, have taken several initiatives for shipping development and facilitating
the ease of doing business. Commercial Shipping Act is being revamped. The government has launched Sagarmala Project which is expected to integrate coastal trade.''
Stating that pojects had also been taken up to increase the number of navigable water ways and increase the number of cargo ferries through Indian water, she said, ''We have five national water ways and more than 100 water ways have been identified which have potential of carrying domestic cargo. End to end e-governance
project has also been launch which would be commencing in a few weeks. It will enable seamless processing of applications of not only of ship owners, ship managers and sea farers but also all stakeholders.''
Mr Shankar said, ''The plans for shipping development are ambitious on the part of the government and we intend it seriously.
Proactive involvement of all stakeholders is required and this will certaily accelarate the pace of growth. Increase in the tonnage of Indian ship will not only increase the foreign exchange money but will also enable Indian companies to be price setters in the freight rates.''
The official lamented that there was little change in shipping lines in spite of the fact that they had immense opportunities.
''Shipping lines have immense opportunities to better their performance but I am told very little have changed. Improvement in bunker management and network design in the shipping industry will definitely create more opportunities. There is need to focus on the quality and quantity of supply of Indian sea fareres to the world trade. With increase in the encouragement of the government to the passenger and commercial ships, coastal shipping and indian water traffic the industry is going to require trained work force in technical and ancilliary profession,'' she said.
Ms Shankar said Goa, having the experience and being a natural player in the tourism industry, was well placed to take the advantage of the growing opportunity.
Ship owners, ship managers as well as other stakeholders could think of establishing and adopting or mentoring manufacturing institutes with a few of aligning the content with industry's requirment, she said.
However, she suggested that coastal ships needed to be encouraged and helped to comply with pollution prevention requirment.
''Cruise ships have excellent response in India. People have money, they want some adventure, they want new experiences. One of the key aspect here is of course streamlined, seamless operations so
that people walk in and out of ships. Improvement in hygiene both off shore and on shore will propel growth in the sector,'' she said.
UNI AKM NV RJ 1248
More News

Mrs Anandi Ramalingam, BEL CMD, win PRCI’s ‘Chanakya Award’ for Good Governance

22 Sep 2021 | 1:53 PM

Bengaluru, Sep 22 (UNI) Mrs Anandi Ramalingam, Chairman & Managing Director of Navratna Defence PSU Bharat Electronics Limited (BEL), has received the Public Relations Council of India (PRCI)’s ‘Chanakya Award’ for Good Governance. BEL received as many as 15 awards instituted by the PRCI for excellence in Communication, Media Relations, Branding, Human Resource Management during COVID-19, etc, at the 11th PRCI Excellence Awards 2021, held in Goa .

see more..

Trejhara wins order from one of the largest logistics firms worth USD3 5 mn

22 Sep 2021 | 1:52 PM

Mumbai, Sep 22 (UNI) Trejhara on Wednesday said has win a order from one of the largest logistics firms, having global presence, for the delivery and implementation of the product upgrade and technology support in relation thereto.

see more..

Ramkrishna Forgings bags order worth Rs 650 million in Mining & Earthmoving segment

22 Sep 2021 | 1:51 PM

Mumbai, Sep 22 (UNI) Ramkrishna Forgings one of the leading suppliers of rolled, forged and machined products has won a non-auto segment order worth Rs 650 million for supply of mining and earthmoving components from an Indian arm of Hitachi.

see more..

Hyundai Electronics launches 4K Ultra HD Smart LED TVs powered by webOS TV

22 Sep 2021 | 1:51 PM

Mumbai, Sep 22 (UNI) Hyundai Electronics, one of the fastest growing Indian consumer durables brands, on Wednesday introduced its new range of 4K Ultra HD Smart LED TVs powered by webOS TV with ThinQ AI voice recognition and Magic Remote. Backed by ARM CA55 1.1 GHz Quad core processor, the 4K UHD Smart LED TVs are four times faster than conventional TVs.

see more..

ISG recognizes UST with two Digital Case Study Awards™

22 Sep 2021 | 1:46 PM

Thiruvananthapuram, Sep 22 (UNI) UST, a leading digital transformation solutions company, on Wednesday announced that it has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, with two 2021 ISG Digital Case Study Awards™, presented to select IT and business services providers for best-in-class digital transformation work with their enterprise clients.

see more..
image