Indian Transport & Logistics

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India launches Bharat Maritime Insurance Pool to boost trade security

13 May 2026 8:03 PM IST
Backed by a $1.4 billion sovereign guarantee, the $1.5 billion BMIP will insure Indian vessels and cargo, ensuring trade continuity amid global risks.

Breeze warns of gaps in cargo war insurance

13 May 2026 12:19 PM IST
Breeze says ongoing disruption across major shipping routes is exposing weaknesses in cargo war insurance and increasing operational risks for...

India approves ₹12,980 crore maritime insurance pool to cut risk

21 April 2026 12:27 PM IST
State-backed pool to cover war and cargo risks, ensuring stable trade flows amid global disruptions and rising premiums
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