Through its wholly owned unit in Japan, Samudera has signed an agreement with Imoto to set up Blue Ocean Shipping, a company focused on coastal and regional shipping services in the country.
But this request was declined by the Associate Transport Minister, James Meager. ... And in this instance, it just didn't meet that criteria." ... .
On the face of it, this coastal shipping decision from James Meager seems like an odd one ... But it's bad for coastal shipping, even though the Minister says it's actually good for coastal shipping.
The MoU established a framework for joint action to design and finance coastal shipping corridors that support India’s ambitions to decongest roads, lower logistics costs, and decarbonize transportation.