Transshipment of loaded EXIM containers starts picking up after cabotage relaxation
Loaded export-import (EXIM) containers hauled on foreign flag ships for transshipment at Indian ports in August exceeded the empties moved on foreign vessels, indicating that the Shipping Ministry’s policy shift in May, allowing foreign carriers to ferry these two container segments on local routes, has started yielding results.
“Between May and August, there has been a tremendous increase in transshipment around the Indian coast and this will continue to increase as shipping lines start re-adjusting their mainline services to call at certain Indian ports which are keen to do transshipment,” said Deepak Tiwari, Chairman of the Container Shipping Lines Association (CSLA), a lobby group of foreign box lines.
Read more on The Hindu.
