0 a narrow area of water, such as a river or canal, that ships or boats can sail along -- vía navegable
1 a channel, eg a canal or river, along which ships can sail. -- canal navegable
Something similar could be said for transport by inland waterway.
The current initiative could assist in the efficient high-quality functioning of the inland waterway transport mode and that, of course, is highly desirable for the economic competitiveness and sustainability.
