Placing his bet on the coastal shipping for being the most economical and clean mode of transportation, avi Dutt highlights the untapped opportunities and the current challenges in india’s maritime ecosystem.
India’s long coastline, array of ports on the east & west coast; and a large & resilient domestic economy provides a perfect ecosystem for the country to develop a substantial coastal shipping industry.
In India, domestic movement happens primarily through road, followed by railways and a meagre share is through waterways. Coastal shipping can be a great enabler to develop economy and reduce logistics costs as evident from the experiences in other developed regions.
The European Union experience has demonstrated that cost of coastal movement of cargoes was about 20 percent and 40 percent that of road and rail movement, respectively. The ‘Marco Polo Scheme’ of the EU aims to free Europe’s roads of an annual volume of 20 billion tonne-km. of freight. China is also estimated to move one billion tonnes of coal, steel, grains and fertilizers along its coast through about 12,000 specially-built coastal vessels.
Current Status
Currently, in India, the coastal shipping primarily handles POL, coal, and iron ore, which account approximately 80 percent of the total coastal movement. An overview of the geographical location study indicates techno-commercial viability and feasibility of moving various cargoes such as cement, fertilizers, food grains, steel, marble, salt, sugar, cotton, and automobile. There is a huge untapped potential to be exploited across the sector.
There has been several deliberations by various bodies and committees on coastal shipping in the past, yet the industry has not developed and faces a stiff competition from road and rail transportation.
Bu hikaye Indian Transport & Logistics News dergisinin November - December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Indian Transport & Logistics News dergisinin November - December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Smartr Logistics temporarily pauses lightweight (e-comm, BFSI) service
Smartr Logistics has decided to temporarily pause the lightweight e-commerce and Banking, financial services and insurance (BFSI) services under Aerex category.
Flipkart expands network, hiring ahead of The Big Billion Days 2024
Ahead of The Big Billion Days (TBBD) 2024, Flipkart has launched 11 new fulfilment centres (FCs) across nine cities, bringing the total number of FCs in India to 83.
Amazon to enable $13 billion in exports from India by 2024-end
Amazon Global Selling, in the last nine years, has empowered over 150,000 Indian exporters to build globally recognised brands across 18+ international Amazon sites.
TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada
TVS Industrial and Logistics Parks (TVS ILP) has expanded to Andhra Pradesh with a warehousing facility spanning 13 acres in Vijayawada.
CWC selects Horizon as lead partner to develop warehouses
Horizon Industrial Parks, a logistics platform in India owned and managed by Blackstone Real Estate funds, has been chosen as the lead partner by the Central Warehousing Corporation, a public warehouse operator under the Ministry of Consumer Affairs, Food & Public Distribution, to manage a portfolio of 13 last-mile logistics assets.
Macrotech buys 2 firms to bolster logistics park, warehouse vertical
The real estate firm Macrotech Developers (formerly Lodha Developers) has announced the acquisition of Opexefi Services and One Box Warehouse.
GMR Airports to buy 10% additional stake in Delhi Airport for $126mn
GMR Airports Infrastructure (GIL) has signed a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide (Fraport) for buying its current minority 10 percent equity stake in Delhi International Airport (DIAL), a subsidiary of GIL.
India's APEDA-certified pomegranates debut in Australia
India reached a new milestone in perishable exports by shipping pomegranates for the first time from the farms of India to the people of Australia.
India to export homegrown aircraft, says Civil Aviation Minister
\"We want to manufacture aircraft in India on a large scale, not just to meet domestic demand but to become an exporter of aircraft,\" announced India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, at a press meet after his inaugural session at the 10th edition of PHDCCI Aviation & Air Cargo Summit 2024, held in New Delhi on September 4, 2024.
DP World Mundra achieves record throughput in July
DP World Mundra handled its highest-ever monthly throughput of 1,29,368 TEUs in July 2024.