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India and Maldives launched direct cargo ferry service to boost trade

India and Maldives launched direct cargo ferry service to boost trade

Minister of State (Independent Charge) for Shipping Mansukh Mandaviya and Minister of Transport and Civil Aviation of Maldives, Aishath Nahul jointly e-launched a direct cargo ferry service between India and the Maldives.

Daily Current Affairs Quiz 2020

Key-Points

During its maiden voyage, a vessel with a capacity of 200 TEU and 3000 MT of break bulk cargo sailed from Tuticorin to Kochi on September 21, 2020, from where it will proceed to Kulhudhuffushi port in North Maldives and then to Male port.

This ferry service being operated by the Shipping Corporation of India will run twice a month and will provide a cost effective direct and alternate means of transportation of goods between India and Maldives.

This direct cargo service will further cement the close ties between India and Maldives by enhancing people-to-people contact and boosting bilateral trade.

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