CMA CGM excited about inland waterways, needs policy clarity

 

MUMBAI, June 2: French shipping major CMA CGM is

“excited” about moving goods through inland waterways, but

needs clarity on certain aspects before it takes the leap into

it, a top official has said.

In its first stint, the Narendra Modi government had

drawn ambitious plans to exploit the inland waterways

potential to move goods on the rivers, and also thrown open

what is billed as the National Waterway-1 between Haldia in

West Bengal and Varanasi in Uttar Pradesh.

“We are very excited about the prospects of inland

waterways in India…we are in touch with the inland waterways

authority,” Vincent Ugo, Managing Director, CMA CGM India told

PTI.

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