The enactment of the Merchant Shipping Act, 2025 (“MSA”) presents a landmark legislative milestone in India’s vision of becoming a global maritime hub. The MSA repeals the erstwhile Merchant Shipping Act, 1958 and introduces a regulatory environment that is aligned with the global maritime industry standards. The MSA is designed for enhancing regulatory efficiency, attracting foreign investment, and increasing Indian tonnage by liberalising key areas such as vessel ownership and registration. This note provides an analysis of the fundamental changes to the maritime sector introduced by the MSA.
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This insight has been authored by Aakanksha Joshi, Lipsa Acharyya and Akshay Dhekane from S&R Associates. They can be reached at [email protected], [email protected] and [email protected], respectively, for any questions. This insight is intended only as a general discussion of issues and is not intended for any solicitation of work. It should not be regarded as legal advice and no legal or business decision should be based on its content.