Key Points
The government on Thursday announced a cut in certain charges at ports and the purchase of five additional used container vessels by Shipping Corp as part of steps to resolve shipping-related woes being faced by exporters and importers...
The meeting was held to address rising freight costs, shipping delays, shortage and non-availability of containers and congestion at ports being faced by exporters...
Briefing media after the deliberations, Goyal said that the decisions taken by the Ministry of Ports, Shipping and Waterways and Ministry of Railways in the meeting will result in significantly breaking down shipping costs, improving availability of containers, resolving empty containers issue, faster evacuation of export consignments and reducing congestion at the ports...
