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A proposal in the works will allow shipping entities to secure earlier financial access from commercial banks with long-term repayment periods at low interest rates
A local protection and indemnity entity supported by the government may turn out cheaper for shipping lines that currently depend on foreign entities
The minister highlighted that the nation is on the cusp of a significant economic upswing that has the potential to create employment opportunities for over 15 lakh young individuals in India, , Blue Economy, Sarbananda Sonowal
The impact of the ongoing Russia-Ukraine conflict will be more pronounced in areas like bilateral trade, insurance rates and availability of specialised crew, experts noted.
The Maritime Anti-Corruption Network (MACN), the Indian National Shipowners Association (INSA), and the UN Global Compact Networks in India, Pakistan, and Bangladesh have announced the launch of a new regional maritime anti-corruption Collective Action Initiative. The project, which is supported by the Siemens Integrity Initiative, will enable MACN to expand its Collective Action methodology to ...