BREAKING NEWS
VOC Port Secures Twin National Honours at ET Infra Global Ports & Shipping Awards 2026
The New Geography of Global Trade Favors India - Article by Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL
Adani Gangavaram Port Limited wins the 25th Environment Sustainability Award 2026
V.O. Chidambaranar Port Authority Holds Interactive Meeting with Port Users to Strengthen Stakeholder Engagement
CONCOR CMD Ajit Kumar Panda calls for Integrated Cold Chain Infrastructure to strengthen India’s Agri, Food and Pharma Supply Chains/
Nitin Gadkari Launches OneTag for Easy FASTag Bank Switching
India Auto Makers Revamp Supply Chains amid Shipping Capacity Crunch/I
KICTPPL Records Strong Year-on-Year Growth in Traffic and Dispatch at Paradip Port
VOC Port Engages Trade Stakeholders to Strengthen Mainline Connectivity and Cargo Growth
PM Modi Highlights Freedom of Navigation, Seafarer Safety for Global Trade/
VOC Port Secures Twin National Honours at ET Infra Global Ports & Shipping Awards 2026
The New Geography of Global Trade Favors India - Article by Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL
Adani Gangavaram Port Limited wins the 25th Environment Sustainability Award 2026
V.O. Chidambaranar Port Authority Holds Interactive Meeting with Port Users to Strengthen Stakeholder Engagement
CONCOR CMD Ajit Kumar Panda calls for Integrated Cold Chain Infrastructure to strengthen India’s Agri, Food and Pharma Supply Chains/
Nitin Gadkari Launches OneTag for Easy FASTag Bank Switching
India Auto Makers Revamp Supply Chains amid Shipping Capacity Crunch/I
KICTPPL Records Strong Year-on-Year Growth in Traffic and Dispatch at Paradip Port
VOC Port Engages Trade Stakeholders to Strengthen Mainline Connectivity and Cargo Growth
PM Modi Highlights Freedom of Navigation, Seafarer Safety for Global Trade/
Centre waives Coastal Shipping Licence for Foreign Vessels Chartered by GIFT City IFSC Units
As per the notification issued by the Ministry of
Ports, Shipping and Waterways on 7 July 2026, this exemption has been
granted under Section 37 of the Coastal Shipping Act, 2025. Under this,
foreign vessels taken on charter by any entity established in the IFSC of GIFT
City will not be required to obtain a licence under Section 11 of the Act.
This decision of
the government is expected to boost maritime finance, ship leasing and related
international businesses operating in GIFT City. Also, simplifying the
chartering process for foreign vessels will help India’s IFSCs become more
competitive in the global maritime financial services
sector.
Related News
