Good news for shipping sector: Cabinet clears Rs 12,980 crore maritime insurance pool amid Hormuz tensions April 20, 2026 Maritime, Business, Economy, Finance, Global Trade, Ports, Shipping, Trade, Trending News NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid rising global risks. The move aims to safeguard trade routes
