Relief for foreign vessels as Bangladesh suspends cabotage rules
The High Court of Bangladesh has “suspended” for six months the cabotage rules which require ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The definitive account of where India is in terms of the long-running debate over its cabotage laws, which prevent foreign shipping lines from carrying Indian cargo between two India ports and which have been widely blamed as the reason for the failure of the country to develop a genuine hub port. At the same time, Indian shipowners have successfully blocked attempts to repeal the legislation. In an effort to breach the hiatus, an midway solution has been developed by the shipping ministry, which would see foreign container carriers allowed to carry export-import containers and empty containers on India’s eastern coast between Kolkata and Chennai ports for a three–year period.
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