Latest news from Heavy Lift & Project Forwarding International Magazine

India makes cabotage relaxation step

August 12 - The Indian Ministry of Shipping has issued an order relaxing cabotage laws for specialised vessels, such as ro-ro and ro-pax ships, pure car carriers, pure car and truck carriers, LNG vessels and project cargo carriers.

The lifting of these restraints on foreign-registered specialised vessels is part of the Indian government's plan to shift the movement of such cargo away from the country's congested roads and railways.

You can find out more about the government's ongoing scheme - Scheme for Incentivising Modal Shift of Cargo (SIMSC) - here.

The Press Information Bureau of the Government of India reported that the Ministry of Shipping has prepared a policy note regarding cabotage and circulated it to all stakeholders, departments and agencies for comments.

"The operational cost of Indian vessels is estimated to be higher than that of foreign vessels due to duties and taxes on bunker fuel, income tax on seafarer's income, and other taxes paid by Indian flag vessels," said the report.

Heavy Lift | News

Port of Açu names José Firmo as CEO thumbnail image

Port of Açu names José Firmo as CEO

September 16 - The port of Açu – a privately owned industrial complex in São João da Barra, Brazil – has appointed José Firmo as its ceo, effective November 1.
Views: 179
MIS moves engine across Oman thumbnail image

MIS moves engine across Oman

September 13 - Muscat International Shipping & Logistics (MIS) has transported a 140-ton (127-tonne) Wärtsilä engine from a power station in Khasab to Duqm, Oman.
Views: 564
XLP gathers in Dubai thumbnail image

XLP gathers in Dubai

September 13 - Almost 160 delegates from around the world gathered in Dubai last week for the XLProjects (XLP) annual general meeting (AGM).
Views: 433

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