Maritime Governance And Legal Reform: Assessing India’s Ship Management Regulatory Framework
- IJLLR Journal
- 2 hours ago
- 1 min read
Paranjay Deshwal, Jindal Global Law School
ABSTRACT
Nearly 95% of India’s trade by volume is managed by the maritime industry which remains central to the nation’s economic development ambitions. Ship management companies operating in India face structural, regulatory, financial and operational challenges in spite of this strategic significance. This paper argues that India’s maritime governance is still structurally fragmented resulting in operational inefficiencies and compliance costs which reduce competitiveness. By examining domestic legislation, international maritime obligations, infrastructural deficits, fiscal barriers and environmental pressures, this paper demonstrates that current reforms, though significant are still not fully institutionalized. With the help of this paper, I contend that India’s goal of becoming a global centre for maritime services will remain unrealized in the absence of regulatory unification, and focused infrastructure investment. The paper concludes by proposing structural reforms which align India’s maritime regulatory environment with global practices.
