KOCHI: In view of the crisis at Vallarpadam International Container Transshipment Terminal, the Union Government will seriously consider bringing in relaxations to the Cabotage law, Union Shipping Minister G K Vasan informed Union Minister of State K V Thomas. Vasan added that the government would soon intervene to find a solution to the issue.K V Thomas had written to Prime Minister Manmohan Singh demanding relaxation in the Cabotage law for smooth cargo movement at ICTT Vallarpadam. Though the Parliament Standing Committee has recommended amendments to Cabotage law, so far there has been no progress on the issue, Thomas said.Though it was announced that the ICTT would be handling 7.75 lakh TEUs of containers this year, only 1,36,734 TEUs of containers could be handled in the first six months. Though a revenue of Rs109.91 crore was expected this year, so far ICTT has not been able to achieve even half of the amount, Minister Thomas pointed out in the letter to the Prime Minister.
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