one year of upa government : major policy initiatives and decisions - department of shipping

Thursday, May 19, 2005

Sethusamudram Ship Channel Project put on fast track
New Maritime Policy and National Maritime Development Programme on the anvil
Renewed focus on development of Inland Water Transport (IWT)
Guidelines for regulation of tariff by TAMP, revised and issued
Tonnage Tax introduced
· Foundation Stone of International Container Transshipment Terminal (ICTT)
at Cochin Port laid

Third Container Terminal at Jawaharlal Nehru Port approved
Second Container Terminals at Chennai and Tuticorin Ports approved
ISPS Code implemented
Record traffic handled at major Ports
Record profit of Shipping Corporation of India
Hindustan Shipyard Ltd. and Hoogly Dock & Port Engineers Ltd. to be revived
Indian Maritime University (IMU) to be set up
Work on formulation of Cruise Shipping Policy started
ILO Convention No. 108 concerning Seafarers' Identity Document ratified
Cochin Shipyard starts building first indigenous aircraft carrier