Global shipping lines have
welcomed the move of the Indian government in relaxing the cabotage law,
pointing out that it will bring in keener competition in the feeder market
which will also benefit local exporters and importers.
Mr Julian Michael Bevis, (Senior
Director, Group Relations) - Asia A.P. Moller - Maersk Group has observed that
the cabotage relaxation by the Indian Government has led to a “constructive end to an issue that has been
the subject of discussion for many years in India.”
He said “A.P. Moller - Maersk welcomes the
relaxation of the cabotage legislation in India, a measure that in the long run
will benefit India’s global competitive position.
announcement made by the Ministry of Shipping to relax the Indian cabotage law
enables global shipping lines to carry export-import containers along India’s
coast. This will bring greater competition to the feeder market which in turn
would benefit local importers and exporters. Indian Ports would also benefit as
this positive change would allow them to compete for container traffic
currently handled in adjacent regional hub ports.
acknowledges the effort made by the Indian Government to bring a constructive
end to an issue that has been the subject of discussion for many years in India.
that the change is a clear evidence of India’s resolve to bring reform to its
logistics sector and thereby enhance its Ease of Doing Business and cost