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Shipping

Move to facilitate cargo clearing system

Shippers call for EDI:

The Sri Lanka Shippers' Council (SLSC) has called upon the Government to implement the Electronic Data Interchange (EDI), a fully automated cargo clearing system to facilitate the efficient operation of the clearing process.


The Colombo Port expansion program will be a boost to the shipping industry where larger vessels could be handled

The system now in operation takes a great deal of time and manpower whereas with the EDI in place the service could be made available faster and effectively, Chairman, Sri Lanka Shippers' Council Randolph Perera told the 39th Annual General Meeting held last week. The Government needs to expedite this process as this system has been already implemented in other Asian countries such as India and Singapore.

When the system is in operation all Government institutions will fall in line for an efficient service.

This will benefit not only local exporters, but transshipment too will benefit. At present the work is being done manually, he said.

The Colombo Port expansion program will be a boost to the shipping industry where larger vessels could be handled. It could also accommodate the mega shipping lines to the country. We are happy with the work in progress and it is on the correct track, he said.

The granting of the Export Development Reward Scheme for exporters will benefit and encourage them during the global recession. The reward scheme is open to all exporters who have progressed even during this troubled period, he said.

The SLSC will host the fifth Annual General Meeting of the Asian Shippers' Council from August 13- 15 in Colombo.

"This will give us an opportunity to brand our country as a maritime hub and position ourselves to capture the global market to develop the shipping industry", he said.

At a glance:

* Fully automated cargo clearing system

* Local exporters to benefit

* Asian shippers to meet in Colombo


Soft loan package for Indian shipping industry

The Indian Banks' Association has constituted a Working Group to examine the proposed extension of credit facilities to Shipping companies in India for purchase of ships. The Indian Banks' Association recently advised that they have no role to play in the matter and the Shipping Company should take up the matter with the individual banks. The share of Indian carriers in carriage of the country's overseas seaborne trade which was 31.50 percent during 1999-2000 declined gradually to a level of 13.7 percent in 2005-06.

It is fact that despite the introduction of the Tonnage Tax in 2004-05, Indian Shipping Industry is liable to a variety of taxes and there are still about 12 direct and indirect taxes.

The Ministry of Shipping has formulated a National Maritime Development Program (NMDP). Under the program, specific projects have been identified to be taken up for implementation up to 2011-12.

In the major ports, 276 projects cover the entire gamut of activities, namely, construction/upgradation of berths, deepening of channels, rail-road connectivity projects, equipment upgradation/modernization schemes and other related schemes for creation of back-up facilities have been identified for inclusion in the program. pib

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