ARTICLE · 23 AUGUST 2007

Cabotage Regulations In India

Mulla & Mulla & Craigie Blunt & Caroe

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India, a significant maritime nation, has well recognized the role of shipping in the development of trade. Maritime transport is an essential infrastructure for socio-economic development of the country, with carriage by sea constituting approximately 95% of India’s international trade by volume, and 68% by value.

IndiaTransport

Shardul Thacker

India, a significant maritime nation, has well recognized the role of shipping in the development of trade. Maritime transport is an essential infrastructure for socio-economic development of the country, with carriage by sea constituting approximately 95% of India’s international trade by volume, and 68% by value. Ranking 15^th in the world in terms of shipping tonnage, India has the largest merchant shipping fleet amongst developing countries.

The economic viability of coastal trade is influenced by the availability and safe carriage of long haul bulk commodity traffic over long distances. The potential growth of coastal shipping can be effectively tapped if suitable policy measures are adopted to improve commodity traffic through coastal vessels, at competitive costs.

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