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INDIAN VESSELS REGISTRATION
Centre allows majority Indian-owned vessels to register as Indian ships under new Merchant Shipping ActThe Centre has allowed vessels majority-owned by Indian citizens and other eligible entities to qualify for registration as Indian vessels ...
India to emerge as major exporter to China, ASEAN, get edge in US trade pact, says Piyush GoyalCommerce and Industry Minister Piyush Goyal highlighted India's potential to expand exports to China and ASEAN. Negotiations are underway f...
6,000 sailors stranded near Strait of Hormuz as UN maritime chief warns against passage amid rising ship attacks and US-Iran tensionsThousands of seafarers remain stranded in the Strait of Hormuz amid escalating maritime attacks and risks. The International Maritime Organ...
From Olympic champions to a 15-year-old Indian sensation, Nagoya is ready for Asia’s big GamesThe 20th Asian Games commence in Japan with 17,000 athletes and officials participating. Athletes will compete in 43 sports, including new ...
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
Coastal Shipping Bill introduced in Lok Sabha amid dinThe Coastal Shipping Bill, 2024, aimed at promoting coastal trade and encouraging Indian-flagged vessels operated by Indian citizens, was i...
India readies a sea change for domestic shipping as well as global shipping through key billsIndia will soon introduce two new shipping bills in parliament. These aim to grow coastal shipping and ease regulations. The bills address ...
'We need to look beyond the flag of the ship': IFSCA chairperson K RajaramanShip leasing from GIFT City is drawing global attention as India aims to improve its modest 1.4% share of global shipping tonnage. Key comp...
Govt withdraws trading licences of oil tankers, cargo vessels of over 25 years of age"...there is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of...
Oil tankers, bulk carriers older than 25 years banned"There is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of th...
New bill proposes allowing foreigners to own upto 49% stake in vessels flagged in IndiaThe ports, shipping and waterways ministry has issued the draft Merchant Shipping Bill, 2020, making way for these changes.
Govt issues draft 'Merchant Shipping Bill, 2020' for public consultationThe Merchant Shipping Bill, 2020 has been drafted with the primary aim of promoting the growth of Indian shipping industry by incorporating...
Cabinet approves new Merchant Shipping BillCabinet approves a new Merchant Shipping Bill by repealing the 58-year old law, a move that will promote ease of doing business, transparen...
Safety of navy professionals on foreign ships being tightened: Centre to High CourtThe Centre's response came on a petition alleging that various agencies were "trafficking" technical navy professionals to foreign ships.
Government to issue lifetime licence to domestic shipsThe govt has said that lifetime licences will be issued to domestic ships charted by an Indian or a local co instead of licences being rene...
- Security scare as Navy, Coast Guard fail to locate rogue Pak trawler off Diu coast
Alert issued along Maharashtra and Gujarat coastline.
- ‘Coastal security measures fail to go beyond notifications’
Government has announced various measures to strengthen the coastal security of the country. But nothing much of that seems to have happene...
- Foreign shipping registers here to help tax-hit cos aid
A host of international shipping registers has opened shops in the city to provide Indian companies, badly hit by the huge tax burden, oppo...
- River-Sea Vessel notification vis-ीं-vis Inland Vessel Act(२००८) - A choice to make
This is with particular reference to the rejoinder from the Indian Coastal Conference (ICC), published in Economic Times on September 1, 20...
- Arabs place orders for vessels with Gujarat shipping industry
A cost-cutting move by industrialists in the Gulf has resulted in reviving the 200-year-old wooden shipping industry in Gujarat. The cash-r...