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LOGISTICS: Shippers seek relaxation of Cabotage law.
from BUSINESS LINE, June 17, 2010 Kochi, June 16 - As Kochi port prepares to commission its prestigious Vallarpadam Terminal shortly, the shipping community has sought the relaxation of the Cabotage Law, allowing foreign flag carriers to carry cargo between Indian ports.
The Vallarpadam Terminal can develop as a transshipment terminal for the sub-continent only if foreign flag vessels are permitted to carry export/import transshipment containers from any of the Indian ports to the ICTT or vice-versa.
The need to develop hub ports in India is documented by the Planning Commission in its Tenth Plan document where it recommends that the Cabotage Law be done away with to …
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