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The Reflection of Seafarers Life

Sagarmala Development Company

India would have its own maritime financier for Sagarmala Development

India Transforms Sagarmala Development Company into NBFC for Maritime Financing

2 mins

India’s Ministry of Port, Shipping, and Waterways is converting Sagarmala Development Company Ltd. into a non-banking financial company to support marine projects nationally and internationally. With plans to apply for RBI registration, SDCL will focus on leasing and debt financing for maritime enterprises, enhancing port infrastructure and connectivity.

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Indian Maritime Centre Expands Membership to 20, Enhancing Maritime Policy Collaboration

2 mins

The Indian Maritime Centre (IMC) has added 12 new members, including key players like Jawaharlal Nehru Port Authority and Adani Ports. With a total of 20 members, the IMC is shaping a cohesive maritime policy. The organization aims to unite private trade associations, government bodies, and industry players, advocating for growth and innovation in the maritime sector.

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