
DG Shipping’s Age-Based Scrapping Rule Raises Job Losses Warning
Officials from the International Maritime Federation (IMF) warn that over 700 Indian-flagged vessels may face premature retirement due to new age-based restrictions from the Directorate General of Shipping. This could cost 20,000 seafarers their jobs and impact over 100,000 livelihoods. The IMF urges reforms to prioritize safety over age.