The Dubai Maritime Authority (DMA) is dedicated to fostering a robust maritime ecosystem focused on safety, efficiency, and regulatory excellence. With over 8,400 registered vessels and 14,000 maritime companies, Dubai’s sector attracts a diverse workforce and boasts extensive infrastructure, reinforcing its status as a premier global maritime hub.
India and Indonesia are enhancing maritime cooperation by focusing on strategic initiatives like the Great Nicobar Island project and Sabang Port. During Prime Minister Modi’s recent visit, they discussed boosting mutual maritime awareness and collaboration between Coast Guards. Both countries aim to elevate bilateral trade and strengthen educational ties, fostering deeper industry collaboration.
The Union Budget for 2026 allocates ₹5,164.80 crore to the Ministry of Ports, Shipping, and Waterways, a significant rise from last year’s ₹3,470.58 crore. Key allocations include ₹1,000 crore for the Maritime Development Fund, ₹515 crore for the Shipbuilding Financial Assistance Scheme, and ₹250 crore for capacity development initiatives.
