The government is planning to develop non-major ports with an aim to boost coastal shipping in the country. It is known that financial support is being provided to all the ports and state governments for creation of infrastructure to promote movement of cargo and passengers by sea or National Waterw..
In a bid to retain traffic, Kochi port has decided to not increase its tariff for the next three years. The port management fears that any upward revision in tariff could lead to the diversion of cargo to other ports,
A draft captive (port) policy released by the Shipping Ministry allows port-based industrial units, which are large port users, to set up dedicated ports for their own use on the land and water front allotted to it on nomination basis. The policy aims at making major ports more competitive by empowe..