Hormuz crisis raises urgency for Indian national carrier
- Crisis highlights need to rely less on foreign carriers that can prioritise their own countries over India
- Cost management during such a crisis will be easier, especially as container lines levy bunker surcharges
- Sanctions compliance, especially in a time of changing sanctions regulations, rules will also be easier to verify with Indian-owned vessels
Beyond Hormuz, a national carrier would be a key gateway to develop a maritime ecosystem around shipbuilding, with plans for tankers and gas carriers, according to experts at the Lloyd’s List Intelligence India Outlook Forum
