Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The workshop was
meticulously organized, with dedicated sessions exploring both financing and
insurance aspects. Experts in the field shared their invaluable insights,
engaging in spirited discussions to navigate the hurdles impeding the growth of
the Indian shipping sector. The primary focus was on ship ownership, tonnage,
and shipbuilding capacity – the cornerstones of a thriving maritime industry.
The workshop underscored
the significance of bolstering domestic shipbuilding, repair, and recycling to
elevate India’s standing in the global shipbuilding sector. By fostering infrastructure development, policy and regulatory changes,
and enhancing the capacity of Indian banks and financial institutions,
stakeholders aim to propel the Indian shipping industry forward.
One of the most
promising ideas to surface during the workshop was the establishment of an
Indian P&I (Protection and Indemnity) club. This initiative would provide competitive P&I cover for Indian
ships and cargo, directly addressing the critical needs of the Indian shipping
sector. By offering comprehensive and affordable insurance solutions, the
proposed club would pave the way for a more robust and resilient maritime
industry.
The workshop concluded on a hopeful note, with
participants expressing their commitment to collaboratively address the
challenges and work towards a brighter future for the Indian shipping sector.
The ultimate goal is to improve the shipbuilding sector, increase Indian
tonnage, and elevate its global ranking by 2047. With a renewed sense of
purpose and a wealth of innovative ideas, the maritime community is poised to
make significant strides in the coming years.
Key Points:
·
MoPSW-led
workshop successfully addressed challenges in financing and insurance in
India’s shipping sector
·
Industry
experts and stakeholders engaged in insightful discussions to enhance the
marine ecosystem
·
Focus on
ship ownership, tonnage, and shipbuilding capacity to improve the Indian
shipbuilding sector
·
Emphasis on
long-term funds, infrastructure status for shipping, and policy changes
·
Proposal to
establish an Indian P&I club to provide competitive cover for Indian ships
and cargo
·
Goal to
elevate India’s global ranking in the shipping sector by 2047
