Draft of Coastal Shipping Bill, 2020 Issued by Ministry
Draft of Coastal Shipping Bill, 2020 Issued by Ministry of Shipping for suggestions from stakeholders

Draft of Coastal Shipping Bill, 2020 Issued by Ministry of Shipping for suggestions from stakeholders

Ministry of Shipping has issued the draft of Coastal Shipping Bill, 2020 for suggestions from stakeholders and general public. A need was felt to have a separate legislation on coastal shipping as the shipping sector grows and evolves in the country. The global best practices have also been considered while drafting this Bill. The definition of coastal shipping and coastal
waters has been expanded in the Bill. It is proposed to do away with the requirement of trading licence for Indian flag vessels for coastal trade. The Bill seeks to create a competitive environment and reduce transportation costs, while encouraging Indian vessels to increase their share in coastal shipping. The Bill also proposes integration of coastal maritime transport
with inland waterways. The draft bill is uploaded on the Shipping Ministry’s website. Citizens can submit their suggestions and opinions regarding the draft bill to coastalshipping2020@gmail.com latest by 6th of November.

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CS SURBHI SAXENA

About
Surbhi Saxena edits the daily Current Affairs News.
The author is qualified member of The Institute of Company Secretaries of India (ICSI).