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"India Tightens Rules on Aging Ships in Waters"
By Sea and Coast | 24/01/2023
The Indian government is planning to implement stricter rules for ships sailing into its waters by setting age limits for vessels. The Directorate General of Shipping (DG Shipping) is finalizing guidelines that would prohibit entry for multi-purpose vessels, tankers, and bulkers older than 25 years, and 30 years for fully cellular container ships. 
 
This policy could pose challenges for coastal and feeder operators as many ships used in these short-haul trades are older second-hand vessels. Under the new guidelines, Indian entities will not be able to register second-hand vessels of 20 years or more under the domestic flag. 
 
This could lead to an increase in charter rates for smaller second-hand tonnage, impacting feeder charges for transshipment movements that are crucial for Indian exporters and importers. The move is in response to growing concerns about marine safety and the environment.
 
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