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Home Economy

Mandaviya wants shipping industry to prepare comprehensive strategy

Fiinews by Fiinews
April 25, 2020
in Economy, Investment
Reading Time: 2 mins read
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Govt to ensure proper functioning of ports

In order to turn the COVID-19 crisis into opportunity, the maritime associations and FICCI have been asked to jointly prepare a comprehensive strategy and mechanism for the shipping ministry to take decisive action

“We are ready to help but it is the Industry that has to turn the crisis into opportunity. Industry should come forward with plans and government will provide necessary support. I want ship building industry not just to survive but also make considerable progress,” said Shipping Minister Mansukh Mandaviya.

He pointed out that the Indian ports are working at 70-80% capacity but transportation of bulk cargo via road transport is still a concern which the government is working to resolve.

“Port is ready to work at full capacity, but the concern for CSF, ICD might continue for some more time, but they will be solved soon,” assured Mandaviya via webinar organized by FICCI on 23 Apr 2020.

He has also urged the industry to come forward in developing a detailed strategy for efforts put in by the government in Indian ship building and increasing the fleet size.

Highlighting the steps taken by the government during the lockdown, Mandaviya assured that government will continue to ensure proper functioning of the ports, identifying and solving the bottlenecks and providing necessary support to the industry.

Many of FICCI’s recommendations related to the industry have been accepted by the government, added Capt BVJK Sharma, Chairman – Shipping, FICCI National Committee on Infrastructure and Director-Ports (CEO Office), Adani Ports & SEZ Ltd.

“We would like to thank the government for a very pro-active role in ensuring smooth running of port and shipping operations during the current crisis,” he added.

The webinar saw active participation of key stakeholders from shipping lines, port and terminal operators, supply chain and logistics, Inland waterways, ship owners, manufacturers/repairs, freight forwarders, shipyard owners, vessel manufacturers and operators, custom agents amongst others. fiinews.com

Tags: Ministry of Shipping
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