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
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.
Something similar could be said for transport by inland waterway.