Cabinet nod to decentralising chartering arrangements

New Delhi,(IANS) The union cabinet on Wednesday gave its approval to the proposal of the shipping ministry for decentralising existing chartering arrangements to provide flexibility to state government departments and public sector undertakings (PSUs) to make their own shipping arrangements for ocean transportation of cargo.

Official sources said the measure was aimed at helping various departments and PSUs in taking quick decisions to efficiently manage their cargo supply and logistic chain operations and add to their competitiveness.

The sources said the central government departments under them can make their own shipping arrangements of bulk cargo, both dry and liquid, with having to route their requirement through the ministry of shipping.

This will be subject to their following the present government policy including right of first refusal to Indian ships.

The move of enabling direct chartering arrangements will not only give flexibility to government departments and PSUs to make tailor made solutions for cargo operations in a dynamic global shipping market but also promote Indian tonnage, the sources said.

 

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here