Relaxed Indian cabotage laws 'level the playing field'

The Indian government’s move to relax cabotage benefits is a “welcome step” as it will “level the playing field,” a local source tells TradeWinds.

A recent change in laws lifted restrictions on foreign registered vessels transporting loaded or empty containers between Indian ports.

The government is also planning to scrap the right of first refusal (RoFR) that gives a domestic owner the right to match the lowest bid offered by a foreign firm.