The Winter Session of Parliament has begun with a focus on three crucial shipping bills set for passage. Among them are the Merchant Shipping Bill, the Coastal Shipping Bill, and the Indian Ports Bill. The Merchant Shipping Bill is a proposed law by the Centre that aims to ensure compliance with India’s international marine treaty obligations. This new draft law seeks to modernize the regulatory framework for merchant shipping, promote growth in the industry, and enhance adherence to global standards.
Another key bill on the agenda is the Coastal Shipping Bill, which aims to remove the general trading license requirement for Indian-flagged vessels involved in coastal trade. This move by the Ministry of Ports, Shipping, and Waterways is intended to simplify operations, align with international norms, and boost the coastal shipping industry while also strengthening connections with inland waterways. The bill is expected to benefit various stakeholders in the shipping sector, including ship owners, shipyards, and seafarers.
The Indian Ports Bill is the third bill up for introduction, with a focus on modernizing and replacing the outdated Indian Ports Act of 1908. The proposed objectives of this bill include promoting integrated planning among states and the Centre, ensuring pollution prevention measures at all Indian ports, enhancing dispute resolution mechanisms, and fostering transparency and cooperation in port development. By addressing these key areas, the Indian Ports Bill aims to bring about significant improvements in the country’s port sector.
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