India Aims To Re-Register 300 Foreign-Owned Vessels Under Indian Flag By 2030

India Aims To Re-Register 300 Foreign-Owned Vessels Under Indian Flag By 2030

Authorities said the process to re-flag around 50 vessels has already begun and is expected to be completed within the next three months.

Government targets re-flagging of 300 foreign ships by 2030 - Maritime Gateway

India is aiming to bring at least 300 foreign-owned vessels under the Indian flag by 2030 as part of a broader effort to expand the national fleet and reduce logistics costs. According to the officials, the process of re-flagging about 50 ships is already underway and is likely to be completed within the next three months. Nearly 11 major global shipping lines have expressed willingness to shift a portion of their fleets to the Indian registry—a…

Government Targets Re-Flagging of 300 Foreign-Owned Ships by 2030 to Strengthen India’s Maritime Fleet - India Seatrade News

India is preparing for a major expansion of its merchant fleet, with the government expecting around 300 foreign-owned vessels to be re-registered under the Indian flag by 2030, senior officials said. The move is part of a larger strategy to enhance domestic shipping capacity, lower logistics costs and boost the country’s export competitiveness. According to officials, the re-flagging process for nearly 50 vessels is already underway and is like…