Shipping Ministry inaugurated ‘Direct Port Entry Facility’ at V.O. Chidambaranar port
A direct port entry facility was launched at the V O Chidambarnar port in Tuticorin by Union minister of state for shipping and minister of state for Chemicals and Fertilizers Mansukh Mandaviya.
The modern Direct Port Entry would allow direct movement of containers from mills to the container terminal round the clock, without in-between handling at CFSs. The facility is launch in an area of 18,357 sq. meters inside the truck parking terminal that was created under ‘Sagarmala’ for issuing customs permission of export cargo such as mills stuffed and e-sealed containers. It can hold 18,000 twenty-foot approximately units (TEUs) per month.
The customs segment is expected to generate the Let Export Order (LEO) under a single roof without any problem. A loyal team of CWC and conventional officials in association with VOC Port will serve Tier-II, Tier-III certified export and import clients.
IT-enabled infrastructure at ports would make ports world-class, aligning ‘Maritime Vision 2030’.
What are Multi-Modal Terminals?
The Multi-Modal Terminals are a segment of the government’s Jal Marg Vikas project (JMVP). It aims to create the stretch of River Ganga in the middle of Varanasi to Haldia (West Bengal) acceptable for navigation of large vessels think about up to 1500-2000 tonnes. Varanasi is a Multi-Modal Terminal and Sahebganj is a Multi-Modal Port
What is Multi-Modal Logistics Park?
These parks are created by the ministry of road transport and highways in chosen locations of India under the Logistic efficiency development programme. This was launched to decrease the overall bright cost, to low vehicular pollution and overcrowding and cut warehousing cost.
In October, 2020, the first multi-modal Logistics Park of India was inaugurated in Assam.
What is United Nations TIR Convention?
India was the 71st country to confirm the United Nations Transports Internationaux Routiers Convention. This move will help increase trade through easy movement of goods across territories. The confirmation is a part of India’s multi-modal transport strategy. It aims to unite the economy with global and regional production networks through good connectivity.
Category: Economy & Banking Current Affairs
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