India’s Merchant Shipping Act, 2025, marks a pivotal modernization of its maritime sector, replacing the outdated 1958 Act. Passed during the Monsoon Session and receiving presidential assent, it aims to streamline operations, enhance ship registration, and prioritize seafarer welfare, positioning India as a leader in global maritime safety and sustainability.
The Maritime Shipping Bill in India aims to elevate the country’s ship recycling industry, potentially surpassing Bangladesh. Reforms in the Merchant Shipping Bill seek to streamline vessel registration, attract investments, and improve operational clarity. With projected growth, India aims to secure a larger market share by enhancing infrastructure, implementing green facilities, and ensuring compliance.
The Panama Maritime Authority swiftly canceled registration of six Panamanian vessels on the UK Sanctions List. Director General Ramón Franco prioritized the registry’s integrity, already canceling three ships with eight more in process. This proactive approach upholds international standards and demonstrates Panama’s commitment to a reputable maritime registry.
