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Government plans new sea routes

Delhi,Business/Economy, Thu, 17 Nov 2016 IANS

New Delhi, Nov 17 (IANS) The government on Thursday said it proposes to develop new sea routes and shipping services.

"The government proposes to develop new sea routes and shipping services connecting with various countries," Minister of State for Shipping Pon Radhakrishnan informed the Lok Sabha.

"New sea routes are considered with a view to enhance regional connectivity from the strategic and trade perspectives, and also to enhance maritime cooperation with neighbouring countries," the minister said in a written reply to a question.

According to the minister, the shipping services are reviewed and restructured as per the viability study, giving due regard to the availability of cargo for a given port-pair at desired freight levels.

--IANS

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