Shipping Ministry issues Draft Coastal Shipping Bill,2020

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News: The Ministry of Shipping has issued the draft of Coastal Shipping Bill, 2020 for suggestions from the stakeholders and general public.

 

Facts:

  • About the Bill: The Ministry of Shipping has drafted a Coastal Shipping Bill, 2020 in lieu of part XIV of the Merchant Shipping Act,1958.
  • Key highlights of the Bill:
    • The definition of coastal shipping and coastal waters has been expanded.
    • 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.
    • There is a provision for a National Coastal and Inland Shipping Strategic Plan.