India Maritime Summit 2016

Emerging Opportunities In Indian Shipping & Port Sector

12th February 2016 at Holiday Inn, Andheri (East), Mumbai. .


Introduction & Objective:

India is the bright spot on the “cloudy global horizon” says IMF chief Christine Lagarde.

  • Fueled by the strong growth of its domestic industry, India is rapidly cementing a position as a key player in the maritime sector globally. The Ministry is aiming to raise cargo and passenger movement through waterways from the current five per cent to 30 per cent in the next 15 years. This means that there will be demand for more coastal ships, barges and passenger vessels. The government initiatives like Jal Vikas Marg and Sagarmala projects will enhance transportation through inland waterways considering the recent approval for the development of 101 waterways across the country.
  • Govt exempts customs and excise duty on use of bunker fuels. . One of the issues hindering the growth of coastal shipping has been the levy of customs and central excise duty on bunker fuels which raises cost of transportation. Will this step will generate new business opportunities in India.
  • Narendra Modi, the honorable prime minister  feels that to be a global entity, Indian ports would have to be competitive and global in standards. Earlier we focused on port development but now we need to move to port-led development.
  • During financial year 2011-12,  171,729,000 Tonnes of Crude Oil worth Rupees 672,220 Crores, was imported in the country. During the same time 149,970,00 tonnes of  Petroleum products worth Rupees 54,166 Crores were imported in the country. Can the Indian ship-owners, increase their share in the carriage of cargo from and to Indian Ports? In a step to boost domestic firms the government is considering a proposal to make it mandatory that public sector undertaken (PSUs) engaged in import of commodities, including oil and coal, sign a 5 year contract with them for the inbound cargo.

With the above perspective in view and to explore if we are geared to grab the opportunities, The Shipping Tribune is pleased to announce a one day conference on 12th Feb 2016, Holiday Inn, Sakinaka, Andheri East, Mumbai.


Who Should Attend:

The Conference discussions are extremely useful to Ship owners, Operators, Charterers, Cargo Interests, Port Operators, Port Authorities, Brokers, Agents, Bunker Suppliers, Traders, Terminal & Barge Operators, Financial Institutions, Insurance and Law Firms, Private Maritime Security Companies, Media, National and Regional Authorities.

Holiday Inn, Andheri (East), Mumbai. .

12th February 2016





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12th February 2016 at Holiday Inn, Andheri (East), Mumbai. .


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