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India unveils $5.4bn national fleet expansion amid rising Hormuz risks

  • Investment to support 62 newbuildings spanning several vessel types
  • Enhanced national fleet will boost India’s growing maritime presence as trade and port handling figures rise
  • Safety of seafarers in the Hormuz remains crucial as ministries align on repatriation efforts, with nearly 3,000 crew brought home

Facing mounting pressure from the Hormuz crisis, India is fast‑tracking a multibillion dollar programme to expand its national fleet with 62 newbuildings, aiming to safeguard energy supplies, protect seafarers and strengthen its maritime capabilities

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