India plans to add 62 vessels in FY 2026-27 with ₹51,383 crore investment, creating 2.85 million GT capacity.
Shipping Minister directed preparation of a white paper on maritime gaps, targets, and roadmap with inter-ministerial coordination.
Meeting reviewed JV between Shipping Corporation of India and Oil PSUs to acquire 59 vessels and global maritime trade disruptions.
Government emphasized expansion of container fleet, green tugs, LPG carriers, crude carriers, dredging vessels and tankers.