+
Coastal Shipping Bill Introduced In Lok Sabha amid Din
PORTS & SHIPPING

Coastal Shipping Bill Introduced In Lok Sabha amid Din

Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, introduced the Coastal Shipping Bill, 2024 in the Lok Sabha amidst loud protests by opposition members, who raised concerns over recent violence in Uttar Pradesh’s Sambhal and the Adani issue.

The Bill proposes prohibiting trade in coastal waters by non-Indian vessels without a valid licence. It allows inland vessels to participate in coastal trade under specified conditions. To support this initiative, the Director-General will have the authority to issue licences, taking into account factors such as crew citizenship and vessel construction, aiming to create employment opportunities for Indian seafarers and boost the domestic shipbuilding industry.

Key provisions of the Bill include:
  • National Database: Establishing a comprehensive database for coastal shipping to enhance procedural transparency and enable efficient information sharing.
  • Strategic Plan: Drafting a National Coastal and Inland Shipping Strategic Plan to foster growth and development in the sector.
  • Licence Protections: Ensuring that no licence is suspended, revoked, or altered without giving the licensee a fair opportunity to be heard.
  • India’s extensive coastline of approximately 7,500 km, coupled with its proximity to global shipping routes, underscores the potential of coastal shipping as a cost-effective alternative to other transportation modes.
However, the sector faces regulatory inconsistencies. Non-mechanised vessels are governed by the Coasting Vessels Act, 1838, while mechanised ones fall under the Merchant Shipping Act, 1958. The Bill aims to unify these regulatory frameworks.
Despite interruptions in the House proceedings, the Coastal Shipping Bill, 2024, was introduced following a voice vote. Congress members Manish Tewari and Gaurav Gogoi declined to speak on the Bill at its introduction, citing the disorderly state of the House.
The Bill is among five legislative measures scheduled for introduction during the ongoing Winter Session of Parliament.

Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, introduced the Coastal Shipping Bill, 2024 in the Lok Sabha amidst loud protests by opposition members, who raised concerns over recent violence in Uttar Pradesh’s Sambhal and the Adani issue.The Bill proposes prohibiting trade in coastal waters by non-Indian vessels without a valid licence. It allows inland vessels to participate in coastal trade under specified conditions. To support this initiative, the Director-General will have the authority to issue licences, taking into account factors such as crew citizenship and vessel construction, aiming to create employment opportunities for Indian seafarers and boost the domestic shipbuilding industry.Key provisions of the Bill include:National Database: Establishing a comprehensive database for coastal shipping to enhance procedural transparency and enable efficient information sharing.Strategic Plan: Drafting a National Coastal and Inland Shipping Strategic Plan to foster growth and development in the sector.Licence Protections: Ensuring that no licence is suspended, revoked, or altered without giving the licensee a fair opportunity to be heard.India’s extensive coastline of approximately 7,500 km, coupled with its proximity to global shipping routes, underscores the potential of coastal shipping as a cost-effective alternative to other transportation modes.However, the sector faces regulatory inconsistencies. Non-mechanised vessels are governed by the Coasting Vessels Act, 1838, while mechanised ones fall under the Merchant Shipping Act, 1958. The Bill aims to unify these regulatory frameworks.Despite interruptions in the House proceedings, the Coastal Shipping Bill, 2024, was introduced following a voice vote. Congress members Manish Tewari and Gaurav Gogoi declined to speak on the Bill at its introduction, citing the disorderly state of the House.The Bill is among five legislative measures scheduled for introduction during the ongoing Winter Session of Parliament.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code