Global shipping lines mull registering more vessels under Indian flag after IMW 2025

Buoyed by a conducive operational and regulatory ecosystem for setting up operations, global shipping companies are planning to register more vessels under the Indian flag after the recently concluded India Maritime Week 2025, industry and government sources have been quoted as saying. French carrier CMA CGM was the first to make the move. Since then, there has been an overwhelming interest from players to reflag their vessels in India. Beyond the announcements by global players that have already happened, there are more discussions taking place from leading carriers, according to an official. He said the move is part of a larger strategy discussed by global companies with Prime Minister Mr Narendra Modi during the Global Maritime Leaders Forum to base their tonnage in India. They have placed their bets on domestic cargo growth, which would be driven by economic growth, as per a report.

Please visit our youtube channel https://www.youtube.com/@ikargos2719 for fortnightly logistics news analysis and more!