GIC Re Launches Maritime Insurance Fund to Protect Sea Lanes

The Bharat Maritime Insurance Pool (BMIP), managed by the General Insurance Corporation of India, aims to bolster India’s maritime trade resilience and reduce reliance on foreign insurers. With a coverage capacity of $1.5 billion per loss, the initiative addresses rising global war-risk insurance costs amid increasing geopolitical tensions, ensuring uninterrupted trade.

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Unlocking India’s Potential in Maritime Decarbonisation

India is advancing in maritime decarbonisation by utilizing renewable resources and green fuels. The report, Opportunities Ahead: Insights on Maritime Decarbonisation in India, highlights ongoing initiatives and sector strengths. However, challenges like securing agreements and infrastructure gaps must be addressed to ensure a successful transition to sustainable shipping practices.

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ISWAN India 2026 Wellbeing Initiatives for Seafarers, Families and Shore Staff

ISWAN, in collaboration with the ISWAN India Association, is launching interactive sessions to support the wellbeing of seafarers, their families, and shore staff. Programs include the Family Outreach and Seafarer Education Awareness sessions, addressing the maritime community’s needs. Registrations close one week before each session. Visit ISWAN’s website for details.

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Concerns Raised Over Maharashtra Maritime Board’s New Ad Regulations

The Awaaz Foundation has urged Maharashtra’s Chief Minister Devendra Fadnavis to intervene against the proposed advertising regulations by the Maharashtra Maritime Board. Concerns include light pollution, biodiversity loss, and visual degradation of coastal areas. They emphasize the need for public consultations and stricter regulations to protect the environment and public health.

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ICGS Achal Joins Indian Coast Guard Fleet to Boost Maritime Security

On May 9, the Indian Coast Guard commissioned the ICGS ‘Achal’, a fast patrol vessel by Goa Shipyard Limited. This advanced addition boosts India’s maritime security and coastal surveillance. Named ‘Achal’, meaning “firm,” it symbolizes the Coast Guard’s commitment to safeguarding maritime interests, constructed with over 50% indigenous components.

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MMB Collaborates With Norwegian Company to Launch Mumbai Water Metro

The Mumbai Water Metro project aims to introduce ferries to ease traffic congestion, marking a significant advancement in India’s water transport. Chief Minister Devendra Fadnavis emphasized the state’s commitment to a sustainable system. A partnership with Norway’s Hyke AS will enhance infrastructure and develop advanced vessels, supporting the region’s growing transportation needs.

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Vizhinjam Port Faces 100-Ship Queue Amid Hormuz Disruptions

Vizhinjam Port Launches Coastal Barge Fueling Service for Vessels

Following the launch of a ship-to-ship bunkering service at Vizhinjam International Seaport, the Kerala Maritime Board initiated operations using coastal barges. Recently, 120,000 liters of diesel were delivered to the detained Vietnam-flagged vessel MT Solis, marking a significant advancement in local fueling capabilities and reducing reliance on foreign ports.

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Maritime Innovation Hubs Launched with Sagarmala Initiative and Collaborations

The Maritime India Foundation has partnered with IIT Madras, IIT Bombay, and Indian Maritime University to establish Maritime Innovation Hubs under the Sagarmala Startup Innovation Initiative. This collaboration aims to mentor 36 startups on 40 projects, addressing key challenges in the maritime sector and fostering technological advancements in line with Atmanirbhar Bharat.

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India Launches New Ship Repair Facility to Enhance Maritime Growth

India Unveils State-of-the-Art Ship Repair Facility in Gujarat

The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved an advanced Ship Repair Facility in Vadinar, Gujarat, with a ₹1,570 crore investment. This initiative aims to enhance India’s ship repair capabilities, create around 290 direct jobs, and support regional economic growth, aligning with Maritime India Vision 2030.

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50 Seafarers Freed by Bombay High Court Held Amid Harsh Conditions

In a landmark decision, the Bombay High Court ordered the release of 50 seafarers stranded on detained vessels off Mumbai. The court condemned the ship owners for subjecting the crew to “dehumanizing” conditions, highlighting their survival on just 300 ml of water daily. Prioritizing human rights, the court emphasized the crew’s well-being over commercial interests.

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Bombay High Court Demands Justice for Stranded Crew’s Safety

The Bombay High Court expressed serious concerns for the safety of 50 Indian crew members stranded on three vessels in the Arabian Sea. The crew, stuck since February due to police intervention, reported dwindling food and water supplies. The court ordered state authorities to provide urgent assistance while addressing the ship owners’ abandonment.

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