Author: Cargo Insights

Cargo Insights, a dynamic trade media, committed to delivering comprehensive coverage of advancements and trends within the logistics sector. We will connect clients to their target audience through our digital platforms that will enable them to expand globally in this digital era.

Indian-IFSC Controlled Tonnage, Ship Leasing and Financing: A Strategic and Existential Case

The Committee, formed by the International Financial Services Centres’ Authority (IFSCA) of India, submitted its SAFAL (Ship Acquisition, Financing, and Leasing) Report in October 2021. The report includes a set of critical and necessary reforms and a roadmap in order to bring the lucrative and greenfield business of ship leasing to India through the SEZ jurisdiction of IFSC located at GIFT City in Gandhinagar and to realise the shipping industry’s full transformational potential. It concludes that the time is opportune for imparting a brand value to India-flagged vessels. This can be done by carving out a share in global-cross trades,…

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