Tag: vessel scrappage
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India’s Maritime Development Fund: Transforming the Nation’s Shipping and Maritime Sectors
India’s Maritime Development Fund: A Paradigm Shift in the Shipping and Maritime Sectors Introduction to Maritime Development Fund The newly announced ₹25,000 crore Maritime Development Fund represents a significant initiative by the Indian government, aimed at revitalizing the nation’s maritime landscape. As outlined in the proposals associated with the 2025 Budget, this fund is poised…