Amid the West Asia crisis, the Directorate General of Shipping (DG Shipping) has instructed ports to provide concessions to exporters with stranded cargo in the war-affected Persian Gulf region. Port authorities are required to pass on all approved concessions directly to stakeholders, ensuring transparency in the process. The aim is to benefit exporters by maintaining cost transparency and operational continuity during the crisis.
The circular issued by DG Shipping emphasizes the need for ports and terminal operators to monitor compliance closely to guarantee that concessions reach the intended beneficiaries promptly. This move is intended to facilitate exporters in claiming benefits under the Rs 497 crore RELIEF scheme for export facilitation. Shipping lines are advised to maintain transparency and auditability, especially regarding changes in war risk premiums on cargo.
In addition to concessions, DG Shipping has issued a safety advisory for Indian seafarers in and around Iranian waters. Seafarers ashore are advised to stay indoors, avoid sensitive areas, and coordinate movements with the Embassy of India. Those onboard vessels are instructed to limit shore travel and remain vigilant, following official updates and staying in contact with company representatives and authorities as per the advisory.
