DG Shipping meets with Seven Islands Shipping Ltd to discuss shipping sector issues

MUMBAI : Shri Shyam Jagannathan, IAS, Director General of Shipping, along with Shri Nebu Oommen, Deputy Director General (Technical), visited the office of M/s. Seven Islands Shipping Ltd. at Andheri, Mumbai.

A detailed deliberation was held with the top management on various operational and commercial disadvantages affecting the growth of Indian shipping. Key issues discussed included matters related to direct and indirect taxation, additional levies as per Customs notifications, and regulatory concerns pertaining to the Reserve Bank of India. Challenges faced by shipping companies during vessel importation, and during conversion from international to coastal operations and vice versa—particularly during regular runs and repair voyages—were also comprehensively discussed.