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Govt unveils ‘Jalvahak’ incentive scheme to boost cargo movement via waterways

Govt unveils ‘Jalvahak’ incentive scheme to boost cargo movement via waterways

by AIP Online Bureau | Dec 15, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

“The Jalvahak scheme incentivises long-haul cargo transport and ensures timely delivery through regular freight services. This initiative provides a positive economic value proposition to trade while advancing Prime Minister Narendra Modi’s vision of...

Shipping costs soar as war and climate risks choke key waterways

by AIP Online Bureau | Dec 21, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

This week, provisional chartering rates for a Suezmax tanker to move oil from Iraq to the Mediterranean rose above 90 worldscale points, said shipbrokers. That’s a sharp jump from between 75 to 85 points in provisional bookings made in the past week. These points...

UP govt planning to establish waterways on eight rivers for goods, public transport

by AIP Online Bureau | Jul 2, 2023 | Data, Eco/Invest/Demography, Non-Life, Policy

Inland water transport has a share of two per cent in India’s modal mix. The Centre intends to increase the share to five per cent, according to the Maritime India Vision 2030 The recent Ganga Vilas luxury cruise that set off from Varanasi and covered over 3,200...

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