French shipping company CMA CGM launches vessel under Indian flag

First foreign firm to fly the Indian flag on its vessel

shipping
India has not been a preferred destination for registration of ships (which is different from shipbuilding) and the country has very little control over the movement of its own goods
Dhruvaksh Saha New Delhi
2 min read Last Updated : Apr 28 2025 | 11:53 PM IST
In a boost to India’s shipping ambitions, French shipping giant CMA CGM has launched a vessel under the Indian flag, Union shipping minister Sarbananda Sonowal said on Monday.
 
It comes on the heels of Prime Minister Narendra Modi’s visit to the CMA CGM headquarters in France in February.
 
“Today marks an important step forward for India’s maritime sector as CMA-CGM Vitoria becomes the first Indian-flagged container vessel registered by a foreign shipping line and to be flagged off from Mumbai today,” the minister was quoted as saying by his office.
 
“We are working constantly to expand the Indian flagged vessels fleet to strengthen our position in global trade, building resilience, ensuring stability in supply chains and creating opportunities for the Indian marine sector,” the minister said.
 
According to sources, the vessel had been operating under the Maltese flag so far. India has not been a preferred destination for registration of ships (which is different from shipbuilding) and the country has very little control over the movement of its own goods.
 
To solve this, the government wants to build a favourable regime for ship owning so that foreign firms register their ships in India.
 
The CMA CGM Vitoria -- a 26,836 GT vessel with a capacity of 2,592 TEUs -- will operate under the BIGEX Network, boosting direct maritime connectivity between India, the Gulf, and the Red Sea, with regular calls at Nhava Sheva and Mundra. 
 
“This registration also marks CMA CGM’s entry into the International Financial Services Centre (IFSC) at GIFT City, Gujarat, another first for a global shipping major,” Sonowal’s office said.
 
“Following it (Modi’s visit) up, the discussions during Singapore Maritime Week 2025, the Union Minister Sarbananda Sonowal further called for collaboration and cooperation on shipbuilding, logistics, and container manufacturing. With a modern fleet and strategic hubs across India, the UAE, and the Mediterranean, CMA CGM is set to play a key role in the India-Middle East-Europe Economic Corridor (IMEC) and support India’s growing leadership in global shipping,” it said.
 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Sarbananda SonowalShipping industryGlobal TradeIndian flag

Next Story