D-G Shipping Commissions IIM Indore for Ship Age Norm Study
PORTS & SHIPPING

D-G Shipping Commissions IIM Indore for Ship Age Norm Study

The Directorate General of Shipping has selected the Indian Institute of Management (IIM) Indore to conduct an in-depth study on age norms and orders for ships. This initiative aims to address and improve safety standards and operational efficiency in the maritime sector.

The study by IIM Indore will focus on evaluating the current age norms for ships, assessing their impact on safety, environmental sustainability, and economic viability. The collaboration underscores the importance of academic expertise in shaping policy and regulatory frameworks in the shipping industry.

As part of the study, IIM Indore will analyse global best practices, gather data on the performance and safety records of older ships, and evaluate the economic implications of age restrictions. This comprehensive approach is expected to provide actionable insights that can inform future regulatory decisions by the Directorate General of Shipping.

Maritime safety is a critical concern, and the findings from this study could lead to more stringent age norms or other regulatory adjustments to enhance the safety and efficiency of maritime operations. The collaboration with IIM Indore reflects a proactive approach by D-G Shipping to ensure that India's maritime sector remains competitive and adheres to the highest safety standards.

This initiative is part of a broader effort to modernise India's shipping regulations, taking into account advancements in technology, changing economic conditions, and the need for sustainable practices. The results of the study will be crucial in guiding policy decisions that impact the future of shipping in India.

The Directorate General of Shipping has selected the Indian Institute of Management (IIM) Indore to conduct an in-depth study on age norms and orders for ships. This initiative aims to address and improve safety standards and operational efficiency in the maritime sector. The study by IIM Indore will focus on evaluating the current age norms for ships, assessing their impact on safety, environmental sustainability, and economic viability. The collaboration underscores the importance of academic expertise in shaping policy and regulatory frameworks in the shipping industry. As part of the study, IIM Indore will analyse global best practices, gather data on the performance and safety records of older ships, and evaluate the economic implications of age restrictions. This comprehensive approach is expected to provide actionable insights that can inform future regulatory decisions by the Directorate General of Shipping. Maritime safety is a critical concern, and the findings from this study could lead to more stringent age norms or other regulatory adjustments to enhance the safety and efficiency of maritime operations. The collaboration with IIM Indore reflects a proactive approach by D-G Shipping to ensure that India's maritime sector remains competitive and adheres to the highest safety standards. This initiative is part of a broader effort to modernise India's shipping regulations, taking into account advancements in technology, changing economic conditions, and the need for sustainable practices. The results of the study will be crucial in guiding policy decisions that impact the future of shipping in India.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code