Maritime Financing Summit 2025

Current Context: The Maritime Financing Summit 2025, held on July 24 in New Delhi by the Ministry of Ports, Shipping & Waterways (MoPSW), aimed to mobilize long-term investments under the Maritime Amrit Kaal Vision (MAKV) 2047.

• Union Minister Sarbananda Sonowal, Secretary T.K. Ramachandran, and MoS Shantanu Thakur led the event themed “Seas of Opportunity, Streams of Investment.”
• Key announcements included the ₹25,000 crore Maritime Development Fund (MDF), the launch of the Financial Digital Maturity Matrix (FDMM), and passing of the Bills of Lading Bill 2025.
• Operational gains featured reduced port turnaround time and a 70% rise in container capacity.
• Major policy reforms included 100% FDI via automatic route and extended shipbuilding assistance.
• Over 250 global stakeholders and Indian maritime board CEOs participated.

Question:

Q.1 What was the theme of the Maritime Financing Summit 2025?
a) Navigating the Future of Shipping
b) Ports for Prosperity
c) Seas of Opportunity, Streams of Investment
d) Maritime India: Growth and Innovation

Answer: c) The summit focused on unlocking investment potential in the maritime sector through the theme “Seas of Opportunity, Streams of Investment.”