137 results found

The Indian shipping industry is headed for rapid growth in view of the impetus in growth of the Indian economy over the last few years. This has resulted in some of Government of India’s (GOI) existing policies in the shipbuilding industry gaining prominence, an example of which is the Subsidy Scheme introduced in 2003, under which a subsidy of 30% can be availed of by an Indian shipyard, when it constructs a vessel in India upon receiving a Domestic Order on Global Tender basis or upon receivin

To ease the impact of disruption caused by the Coronavirus/COVID-19 pandemic, the Reserve Bank of India ("RBI") has provided extension of the period for realisation of the export proceeds as prescribed...

OW bunker's bankruptcy has excited much comment internationally and led to a spate of litigation by physical suppliers for recovery of their dues.

The taxability of services of transportation of goods has undergone a series of rapid changes in the short period since the introduction of the Goods and Services Tax in India.

Can a vessel owned by a time charterer be arrested under the Admiralty Act to satisfy a maritime claim against such time charterer?

On May 25, 2025, the container ship MSC Elsa 3, registered in Liberia, sank about 38 nautical miles (around 70 km) southwest of Kochi. The ship took on water in one of its cargo holds...

In an important development, International Financial Services Centres Authority (IFSCA) has issued the framework for undertaking ship leasing business in the IFSCA (Framework).

In the Income Tax Appeals filed by Trans Asian Shipping Services Private Limited ("TASS"), the Hon'ble Kerala High Court has held that slot charter operations would not be denied the benefit of the Tonnage Tax Scheme...

The Major Ports Trusts Act came into force in the year 1963 for the constitution of port authorities for major ports in India and to enable the smooth functioning of such ports and to vest the...

For generations, India's maritime sector navigated with an outdated regulatory map mainly governed by the Indian Ports Act of 1908 and the Bills of Lading Act of 1856 which were relics of a slow-paced...

The Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017 ("Act") is being brought into force from 1 st April 2018.

India's shipbuilding industry stands at a crucial crossroads, poised for transformation amid evolving global and domestic dynamics. This article examines the sector's challenges, policy shifts, and the path to its resurgence.

In a recent ruling, the Madras High Court ("MHC"), in G. Sakthivel & Ors. vs. Union of India & Ors.1 held that it is mandatory for every employer to formulate an Apprenticeship Policy ("Policy")...

Ship owners seeking to limit liability in India have traditionally encountered many legal uncertainties and obscurities.

On 4th November 2025, the Government of India notified the Rules for Sustainable Harnessing of Fisheries in the Exclusive Economic Zone (EEZ)" (‘Rules') under the Territorial Waters...

The Mare Maritime Singapore Pte Ltd (Plaintiff) obtained an order for the arrest of the Vessel claiming payments due under a Ship Management Agreement dated 24 October 2014.

In the August edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, labour, foreign investment and maritime