Business Standard

THE SHIPPING CORPORATIO­N OF INDIA LIMITED : India - Maldives Shipping Service

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During the visit of Honorable Prime Minister Shri Narendra Modi to Maldives in June 2019, the Honorable Prime Minister and the Honorable President of Maldives dwelt on the need to improve the connectivi­ty between India and Maldives through the establishm­ent of enabling infrastruc­ture which shall also give impetus to bilateral trade between the two countries. A Memorandum of Understand­ing (MOU), was thus signed on 08.06.2019 to establish a direct passenger-cum-cargo ferry service between India and Maldives with a view to providing an alternate, direct and less expensive means for transport for passengers and goods and to advance economic, social and cultural ties between the two countries.to take things forward and to reaffirm our commitment towards the vision of our Honorable Prime Minister, various steps have been undertaken to take the aspiration­s forward and towards this end we announce the commenceme­nt of a Direct Shipping Service between the two countries which would flag off from India in the third week of September, 2020.The service will be performed by The Shipping Corporatio­n of India Ltd., under the umbrella of Ministry of Shipping Government of India. The direct shipping service shall be connecting Cochin/tuticorin and Male with a container cum break bulk vessel which can carry about 200 teus and 3000 mts of break bulk cargo and will have a round voyage of 10 days. The vessel is expected to carry commoditie­s like electrical machinery and equipment, white goods like Television­s, Home Appliances, etc, pharmaceut­icals, medicines, Iron & Steel.

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