Kerala Maritime Board reviving short sea shipping
PORTS & SHIPPING

Kerala Maritime Board reviving short sea shipping

The Kerala Maritime Board is currently engaged in discussions with vessel operators regarding the potential reinstatement of short sea shipping. This initiative involves offering special incentives to both Exim trade and vessel operators. Shine A.Haq, the CEO of KMB, highlighted that the lack of draft at the minor ports of Beypore and Azheekal poses a significant obstacle to attracting new services. He mentioned that KMB plans to organize trade meets aimed at understanding the needs of the trading community and ensuring the provision of necessary space at various minor ports.

These remarks were made during a joint session hosted by the Centre of Excellence in Logistics & Supply Chain Management, organized by NIT Calicut in collaboration with the Kerala Exporters Forum, as part of the flagship programme PM Gati Shakthi. Hameedali, the President of KEF, requested government initiatives to revive coastal shipping services in order to alleviate road congestion, reduce carbon emissions, and mitigate road accidents. Concerns were raised about the non-availability of empty boxes for exports from Beypore, as well as the high ocean freight rates and handling charges at Cochin Port. The Exporters? forum submitted a representation to the Centre urging for reductions in both air and sea freight rates.

Munshid Ali, the Secretary of the Kerala Exporters Forum, expressed concerns regarding the underutilization of facilities at minor ports and called upon the Maritime Board to initiate coastal services to facilitate Exim and domestic cargo movement through Beypore and Azheekal ports. Ashwin George, the Joint Commissioner of Customs in Cochin, informed attendees about the availability of Electronic Data Interchange (EDI) facilities at Beypore, Kollam, and Azheekal ports. He mentioned that benefits such as Remission of Duties and Taxes on Exported Products (RODTEP) and drawback returns could be availed for cargo moving through these ports. George encouraged trade and industries to utilize the faceless assessment systems and to register for Authorized Economic Operator (AEO) and Direct Port Delivery (DPD) status, emphasizing that this would significantly reduce both time and costs for Exim cargo.

The two-hour session concluded on a positive note, with discussions about the upcoming Vizhinjam International Transhipment Port. It is anticipated that this port will enhance shipping line services, providing faster and more cost-effective options.

The Kerala Maritime Board is currently engaged in discussions with vessel operators regarding the potential reinstatement of short sea shipping. This initiative involves offering special incentives to both Exim trade and vessel operators. Shine A.Haq, the CEO of KMB, highlighted that the lack of draft at the minor ports of Beypore and Azheekal poses a significant obstacle to attracting new services. He mentioned that KMB plans to organize trade meets aimed at understanding the needs of the trading community and ensuring the provision of necessary space at various minor ports. These remarks were made during a joint session hosted by the Centre of Excellence in Logistics & Supply Chain Management, organized by NIT Calicut in collaboration with the Kerala Exporters Forum, as part of the flagship programme PM Gati Shakthi. Hameedali, the President of KEF, requested government initiatives to revive coastal shipping services in order to alleviate road congestion, reduce carbon emissions, and mitigate road accidents. Concerns were raised about the non-availability of empty boxes for exports from Beypore, as well as the high ocean freight rates and handling charges at Cochin Port. The Exporters? forum submitted a representation to the Centre urging for reductions in both air and sea freight rates. Munshid Ali, the Secretary of the Kerala Exporters Forum, expressed concerns regarding the underutilization of facilities at minor ports and called upon the Maritime Board to initiate coastal services to facilitate Exim and domestic cargo movement through Beypore and Azheekal ports. Ashwin George, the Joint Commissioner of Customs in Cochin, informed attendees about the availability of Electronic Data Interchange (EDI) facilities at Beypore, Kollam, and Azheekal ports. He mentioned that benefits such as Remission of Duties and Taxes on Exported Products (RODTEP) and drawback returns could be availed for cargo moving through these ports. George encouraged trade and industries to utilize the faceless assessment systems and to register for Authorized Economic Operator (AEO) and Direct Port Delivery (DPD) status, emphasizing that this would significantly reduce both time and costs for Exim cargo. The two-hour session concluded on a positive note, with discussions about the upcoming Vizhinjam International Transhipment Port. It is anticipated that this port will enhance shipping line services, providing faster and more cost-effective options.

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?