Milestones

 

 

1919 ss Loyalty makes historical trip between Bombay and London with a swadeshi flag on 5th April; First national shipping company Scindia Steam Navigation Company set up

 

1923 Indian Mercantile Marine Committee set up; "Indian Carriage of Goods by Sea" Act came into force

 

1927 Training Ship Dufferin established

 

1929 Indian National Steamship Owners' Association (INSOA) set up

 

1945 Reconstruction Policy Sub-Committee on Shipping under chairmanship of Shri C.P. Ramaswami Aiyar set-up; recommended 100% carriage of coastal and overseas stategic cargoes, 50% in dry bulk sector and 40% liner cargoes by Indian ships

 

1946 Indian delegation took part in maritime conference of ILO

 

1947 Gross tonnage of Indian fleet stands at 0.19 million tonnes

 

1948 Directorate Marine Engineering Training (DMET) established; First Indian built ship "Jalausha" launched by the then PM, Late Jawaharlal Nehru

 

1949 Directorate General of Shipping established; INSOA launches its journal "Indian Shipping"

 

1952 Coastal trade reserved for Indian shipping companies

 

1957 Sumati Morarjee elected President of INSOA, becoming the first woman head of any shipowners organization in the world

 

1958 Transchart established; National Shipping Board setup to advise government on the shipping matters, Merchant Shipping Act formulated

 

1959 Shipping Development Fund Committee (SDFC) established

 

1962 Indian gross tonnage crosses 1 million tonne mark

 

1963 Dr. Nagendra Singh appointed President of International Maritime Organization (IMO)

 

1964 From this year onwards National Maritime Day is celebrated every year on 5th April to commemorate the maiden voyage of ss Loyalty

 

1968 Gross tonnage crosses 2 million tonne mark; INSOA changed to INSA

 

1972 T. S. Rajendra replaces T. S. Dufferin

 

1973 Dr. C.P. Srivastava appointed as Secretary General of IMO

 

1974 Gross tonnage crosses 3 million tonne mark

 

1975 Gross tonnage crosses 4 million tonne mark

 

1976 Gross tonnage crosses 5 million tonne mark

 

1979 INSA incorporated as a Company

 

1982 Gross tonnage crosses 6 million tonne mark

 

1987 Shipping Development Fund Committee abolished; Shipping Credit & Investment Company of India (SCICI) establishe

 

1992 Partial disinvestment of Government's stake in SCI

 

1993 T. S. Chanakya, a shore based acadamy, replaces T. S. Rajendra

 

1996 Gross tonnage crosses 7 million tonne mark

 

1997 SCICI merges with ICICI

 

1998 Cost Plus Formula in carriage of crude oil dismantled by government and market related freight rates implemented

 

2001 Expert Committee under chairmanship of Dr. Rakesh Mohan set-up to review Indian shipping and recommend measures for its revival

 

2002 Scope of Sec.33AC of I.T. Act expanded; APM dismantled

 

2003 Sagarmala Programme announced by Prime Minister

 

2004 Tonnage Tax for shipping industry introduced and INSA COMPLETES 75 YEARS