)
With a view to empowering various state government departments and public sector undertakings with adequate flexibility to make their own shipping arrangements in respect of ocean transportation of cargo, the Union cabinet has given its approval to the ministry of shipping for decentralising existing chartering arrangements.
The measure is aimed at helping various departments and Public Sector Undertakings in taking quick decisions to efficiently manage their cargo supply and logistic chain operations and add to their competitiveness. With the decision in place, all the central government departments under them can make their own shipping arrangements of bulk cargo both dry and liquid with having to route their requirement through the ministry of shipping.
This step of enabling direct chartering arrangements will not only give flexibility to government departments or Public Sector Undertakings to make tailor made solutions for cargo operations in a dynamic global shipping market, but also promote tonnage.
