Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The inclusion of Credit
Notes for ship recycling in Indian yards is a game-changer. It acknowledges
the ship recycling sector as a key player in the circular economy. This is a
step towards integrating ship recycling within the broader maritime
infrastructure strategy.
While the announcements regarding ship recycling
and shipbuilding are certainly encouraging, we will need to wait and watch for
the specific modalities, guidelines, and circulars that will be issued to
support these initiatives. The success of these measures will ultimately depend
on their execution.
A key area that requires clarity is eligibility
for accessing the proposed Maritime Development Fund. It is important to
understand who will be able to benefit from this funding, as well as how the
Credit Notes, duty exemptions, and financial assistance will be practically
implemented.
As always, the real impact of these initiatives
will depend on how well the policies are rolled out, and we look forward to
receiving further details from the respective ministerial offices.
Let’s stay tuned for these developments.
