71 percent of the planet’s surface is covered by water and 96 percent of this is contributed by the oceans. The maritime industry has always played a major role in the economic development and success of a country. Maritime consultants are professionals with the expertise to advise better trade routes and address the necessary shipping concerns. This service is rendered to either individuals or corporations involved in the marine business landscape.
The service helps the client organizations to boost their business growth. Owing to the numerous detrimental issues that have popped up in the marine commercialization and marine ecosystem, maritime consultants are helping companies and are playing a significant and vital role in channelizing the present shipping industry concerns.
Maritime Consultants work for the development of marine construction projects that include shipyards, ports, and terminals. These days, the focus is mainly on performance improvement, energy efficiency, and environmental standards.
Not just that, the marine consultants should also face increasing concerns such as improving air and water quality, providing innovative and smart solutions for the future of the maritime sector.
Some of the factors that are ever-present in the maritime sector are the drive to improve performance, increase energy efficiency, improve environmental standards, and safety. However, constraints over costs and timings add to the challenge of the maritime sector.
A revolution in the Indian maritime sector
Intending to bring in more investments in the maritime sector, the Indian Government has issued a draft bill for public consultation. The Ministry of Ports, Shipping, and Waterways have circulated a draft of Indian Ports Bill 2020 for public consultation. This is will revoke and replace the Indian Ports Act 1908.
The proposed bill will offer various measures to ease the conservation of ports, taking into consideration the most common situation concerning the high number of ports that are non-operational. Moreover, this bill will ensure greater investment in the Indian maritime and ports sector with the help of the creation of improved, comprehensive regulatory frameworks for constructing new ports and management of the existing ones, the report added.
Ports, Shipping and Waterways Minister Mansukh Mandaviya said, “We are working on the creation of a National Port Grid. This Bill will be a game-changer in the Indian maritime sector especially for bringing more investments. The Bill will bolster structured growth and sustained development of ports and ensure achieving this objective on a fast-track basis. Consequently, it will result in revolutionary maritime reforms transmuting the Indian maritime set-up entirely in the times to come.”
The Bill seeks to offer more and more opportunities not only for public investments but also for private investments in the Indian maritime and ports sector.