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

18 Jul 2024 CW Team

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.

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